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WellCare Health Plans

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United States

Founded in

1985 (40 Years)

Founded

Last online: No recent activity


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4.33

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Security Information

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    What are the differences in regulations for each

    License

    A Grade License

    Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.

    B Grade License

    Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.

    C Grade License

    Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.

    D Grade License

    From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.

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    Company Information

    Get to know WellCare Health Plans

    WellCare provides government-sponsored managed care services to over 1.1 million members nationwide, through Medicaid and Medicare Advantage. The company offers Medicare Prescription Drug Plans and benefits, and home services including therapy services, caregiver training, vehicle modification, and more. Seniors, families, and individuals with complex medical needs can find the coverage they need with WellCare. WellCare knows building healthy communities begins at the local level. The company proudly partners with local organizations who work to address food insecurity, poverty, and other barriers to care in the communities it serves. WellCare is equally passionate about providing a healthy and balanced environment for their employees. The company was named to the Forbes 2019 list of “Best Employers for New Grads,” FORTUNE Magazine’s 2019 and 2020 lists of the “World’s Most Admired Companies,” and “Best Place to Work for Disability Inclusion” by the United States Business Leadership Network (USBLN) and the American Association of People with Disabilities (AAPD) in 2019. WellCare was acquired by Centene on January 23, 2020. Today, Centene provides quality health care coverage to over 25 million members nationwide. To learn more about WellCare, please visit the company website at www.wellcare.com.

    Industry

    • Financial InsurancePRIMARY

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