WellCare Improves New York Medicaid Quality Score |
TAMPA, Fla. (Jan. 30, 2013) - WellCare Health Plans, Inc. (NYSE: WCG) today announced that WellCare of New York has become eligible for the State of New York's Quality Incentive for Medicaid managed care plans as a result of improvement in WellCare's health care quality score. The score is based on various health care quality, member and provider satisfaction, and regulatory compliance measurements as determined by New York's Office of Health Insurance Programs. "Health care quality and access are among our top priorities, and I am proud that the work WellCare is doing in New York is reflected in the experience of our members," said Kevin Conroy, president, WellCare of New York. "We will continue our investments with the goal of enhancing our members' health and quality of life." As of January 2013, WellCare serves an estimated 84,000 members in the State of New York Medicaid, Family Health Plus, Child Health Plus, and Managed Long-Term Care programs. In addition, WellCare serves an estimated 36,000 Medicare Advantage members and 41,000 Medicare Prescription Drug Plan members in New York as of January 2013.
About WellCare Health Plans, Inc.
Cautionary Statement Regarding Forward-Looking Statements Additional information concerning these and other important risks and uncertainties can be found under the captions "Forward-Looking Statements" and "Risk Factors" in WellCare's Annual Report on Form 10-K for the year ended December 31, 2011, and in WellCare's Quarterly Report on Form 10-Q for the period ended September 30, 2012 and other subsequent filings by WellCare with the U.S. Securities and Exchange Commission, which contain discussions of WellCare's business and the various factors that may affect it. WellCare undertakes no duty to update these forward-looking statements to reflect any future events, developments, or otherwise. ###
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