WellCare to sell Medicaid plans to Anthem as Centene deal nears

WellCare Health Plans will sell its Medicaid business in Missouri and Nebraska to Anthem.

Advertisement

The sale comes amid WellCare’s impending sale to Centene Corp. Under WellCare’s sale, Anthem will acquire about 300,000 Medicaid members.

Centene’s acquisition of WellCare is set to close in the first half of 2020. Once the organizations receive all regulatory approvals and close their transaction, the merged entity will become one of the biggest providers of government insurance in the nation, covering more than 22 million members across 50 states.

More articles on payers:
BCBS of North Carolina merger plans halted as video, details of CEO’s DWI incident emerge
Woman says UnitedHealth sent her 500 denial letters in 5 days
BCBS of North Carolina CEO resigns after DWI arrest

At the Becker's 5th Annual Fall Payer Issues Roundtable, taking place November 2–3 in Chicago, payer executives and healthcare leaders will come together to discuss value-based care, regulatory changes, cost management strategies and innovations shaping the future of payer-provider collaboration. Apply for complimentary registration now.

Register to Attend Webinar

Read. Deleted. Ignored. What It Takes to Drive Behavior Change and Lower the Cost of Care

Tuesday, August 4
11:00 AM - 12:00 PM CDT

Presenters: Koleen Cavanaugh, Independence Blue CrossBukata Hayes, HMO Minnesota (Blue Plus)Nathan Foco, Select HealthTrish Cox, SCAN Health PlanJonas Puente, ZS Associates

Advertisement

Next Up in Payer

Advertisement

Comments are closed.