© 2023 All Rights reserved WUSF
Play Live Radio
Next Up:
Available On Air Stations

WellCare Makes Offer For Aetna’s Medicare Advantage Plans

Tampa Tribune

WellCare Health Plans has made an offer for the Medicare Advantage insurance plans that Aetna plans to shed, according to Reuters.

WellCare, which employs roughly 4,000 people in the Tampa Bay area, is competing with Centene for the plans that Aetna is dropping as it acquires Humana in a $34-billion deal, the news service reported.

Both companies submitted bids for the Medicare Advantage plans, which cover about 350,000 patients, according to Reuters.

The deal would more than double the size of WellCare’s Medicare business, Reuters said. 

Copyright 2016 Health News Florida

Health News Florida is now part of WUSF Public Media in Tampa, Florida.
WUSF 89.7 depends on donors for the funding it takes to provide you the most trusted source of news and information here in town, across our state, and around the world. Support WUSF now by giving monthly, or make a one-time donation online.