WellCare Health Plans Set For Further Growth

Johnny HopkinsStocks, WCGLeave a Comment

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One of the cheapest stocks in our Large Cap 1000 – Deep Value Stock Screener is, WellCare Health Plans, Inc. (NYSE:WCG).

WellCare Health Plans, Inc. (WellCare) focuses exclusively on government-sponsored managed care services, primarily through Medicaid, Medicare Advantage and Medicare Prescription Drug Plans to families, children, seniors and individuals with complex medical needs.

As of September 30, 2016, the company served approximately 3.8 million members. In the nine months ending September 30, 2016, WellCare operated Medicaid health plans in Florida, Georgia, Hawaii, Illinois, Kentucky, Missouri, New Jersey, New York and South Carolina. At the same time WellCare operated MA coordinated care plans in Arkansas, California, Connecticut, Florida, Georgia, Hawaii, Illinois, Kentucky, Louisiana, Mississippi, New Jersey, New York, South Carolina, Tennessee and Texas, as well as stand-alone Medicare prescription drug plans in all 50 states and the District of Columbia.

You can read our full stock analysis at Insider Monkey here.

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