WellCare searches for new CEO to expand Medicare, Medicaid

WellCare Health Plans, which has 2.8 million members, is looking for a new CEO to help grow its Medicaid and Medicare managed care businesses, Healthcare Payer News reported. With a new, experienced leader, the Tampa, Fla.-based insurer hopes to become the leader in government-sponsored healthcare programs. On Friday, the day the insurer announced it was conducting a national search to replace outgoing CEO Alec Cunningham, WellCare shares fell by 6 percent, the article noted. Article

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