WellCare Health Plans Plummets Over 65% (WCG, AET, UNH)
Posted on November 13, 2008 at 11:34 AM EST
WellCare Health Plans (WCG) is blowing up today after the company said they are unable to file past quarterly financial reports. The company’s problems date back to October 2007, when federal and state agents raided the company’s Tampa headquarters. The company did admit that had essentially overcharged the State of Florida in behavioral health costs. The [...]