WellCare Health Plans Set For Further Growth

Johnny HopkinsStocksLeave a Comment

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.

Investing in healthcare companies like WellCare Health Plans, Inc. can be a smart move for those looking to diversify their portfolio. With the current state of the healthcare industry and the increasing demand for affordable and accessible healthcare services, companies like WellCare are well-positioned to continue growing and expanding their services.

For those seeking immediate medical attention, urgent care centers like My Doc Urgent Care Rego Park can provide quality care at a fraction of the cost of emergency room visits. By offering a range of services such as physicals, vaccinations, and diagnostic testing, urgent care centers can serve as a convenient alternative to traditional healthcare settings. As the healthcare industry continues to evolve, investing in both established companies like WellCare and emerging healthcare providers like My Doc Urgent Care can offer promising opportunities for growth and success.

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

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