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Based in Tampa, Florida, WellCare Health Plans (WCG) is a managed care organization focused exclusively on serving government-sponsored members through Medicare Advantage, Medicaid, and Medicare Prescription Drug Plans. The rapidly increasing percentage of the aging population coupled with weak macroeconomics in the past few years continues to drive the number of Medicare and Medicaid eligible members in the U.S. This has been a persistent driver of WellCare Health Plans' revenues and earnings growth in the past few quarters.
WellCare Health Plans has reported 2018 YTD returns of 59.36%, while the last one year