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WCG News and Press, Wellcare Health Plans Inc. From 01/21/20

Stock Information

Company Name: Wellcare Health Plans Inc.
Stock Symbol: WCG
Market: NYSE
Website: wellcare.com

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WCG - Supreme Court Refuses to Hear Obamacare Case, Health Insurer Stocks Breathe Sigh of Relief

Today, the Supreme Court refused to hear an Obamacare case. When federal district court judge Reed O'Connor held that Obamacare was unconstitutional in December 2018, health insurance stocks crashed hard.  Molina Healthcare  (NYSE: MOH) dropped 8.9%.  Tenet Healthcare  (N...

WCG - WellCare Named to FORTUNE Magazine's 2020 List of "World's Most Admired Companies"

TAMPA, Fla. , Jan. 21, 2020 /PRNewswire/ -- WellCare Health Plans, Inc. (NYSE: WCG) has once again been named to Fortune magazine's "World's Most Admired Companies" list. "This is a testament to the hard work and dedication of WellCare's more than 14,000 associates who live ...

WCG - Health insurers under pressure as Sanders takes lead in Iowa

Health insurers are under modest pressure in apparent reaction to the news that Presidential candidate Bernie Sanders (I-VT) has taken the lead in Iowa according to a poll conducted by CNN and The Des Moines Register. More news on: eHealth, Inc., WellCare Health Plans, Inc., UnitedHealth...

WCG - Accountable Care Coalition of Southeast Texas Generates $15.6 Million in Shared Savings over Two Years under Next Generation Accountable Care Organization Model

TAMPA, Fla. and HOUSTON , Jan. 13, 2020 /PRNewswire/ -- Collaborative Health Systems, a WellCare Health Plans, Inc. (NYSE: WCG) company, announced today that the more than 160 healthcare providers in the Accountable Care Coalition (ACC) of Southeast Texas , Inc. generated $6.4 mi...

WCG - Accountable Care Coalition of Tennessee Generates $5.3 Million in Shared Savings under Next Generation Accountable Care Organization Model

TAMPA, Fla. and KNOXVILLE, Tenn. , Jan. 13, 2020 /PRNewswire/ -- Collaborative Health Systems, a WellCare Health Plans, Inc. (NYSE: WCG) company, announced today the more than 150 healthcare providers in the Accountable Care Coalition (ACC) of Tennessee , LLC generated $5.3 milli...

WCG - The Top Big Caps To Buy Now

It was more of the same in the stock market last week in terms of returns, but the catalysts supporting the rally shifted from easing trade tensions and dovish Federal Reserve policy to a deescalating of tensions between the U.S. and Iran. Specifically, a tepid Iranian response to the U.S. str...

WCG - NIH Partners with WellCare and Wellth for New Program that Rewards New York Medicaid Members for Managing Hypertension

NEW YORK and TAMPA, Fla. , Jan. 8, 2020 /PRNewswire/ -- WellCare Health Plans, Inc. (NYSE: WCG) announced today it is working with the National Institutes of Health (NIH) to partner with Wellth Inc., a behavioral economics company, to help motivate at-risk Medicaid members in New ...

WCG - Best Big-Cap Stocks To Buy

Stocks rallied significantly in the fourth quarter, and seasonality suggests there may be additional upside, but there's also an extreme number of stocks trading at least 5% above their 200-day moving average, and Middle East saber-rattling could cause uncertainty that leads to investors der...

WCG - Managed care providers could see healthy 2020 on repeal of insurance tax

Goldman's Stephen Tanal and JPMorgan's Gary Taylor are bullish on Humana's (NYSE: HUM ) growth prospects on the basis of the expected permanent repeal of the health insurance tax (HIT) associated with the Affordable Care Act (ACA). Mr. Tanal has raised his price target to $425 (17% upside) f...

WCG - Expected quality benefit from hospital M&A not there - study

A new study  published in the New England Journal of Medicine undermines the often-given benefit of hospital mergers and acquisitions - improvement in quality of services after the transaction. More news on: Health Care Select Sect SPDR ETF, Humana Inc., Universal Health Services, ...

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