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WellCare Completes Acquisition Of Arcadian's Desert Canyon Community Care Plan In Arizona


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Copyright © Thomson Reuters 2013. All rights reserved.
2013-01-03 14:32:50 -

TAMPA, Fla. (Jan. 3, 2013) - WellCare Health Plans, Inc. (NYSE: WCG) today
announced that it has completed the acquisition of certain assets of Arcadian
Health Plan, Inc.'s Desert Canyon Community Care Medicare Advantage plans in
Arizona from Humana Inc.

On July 18, 2012, WellCare announced that it had entered into an agreement to
acquire the assets. Under the agreement, Desert Canyon members in Mohave and
Yavapai Counties are now WellCare of Arizona members. As of January 2013,
WellCare estimates that Desert Canyon serves approximately 4,000 members in
these counties.

About WellCare Health Plans, Inc.
WellCare Health Plans, Inc. provides managed care services targeted to
government-sponsored health care programs, focusing on Medicaid and Medicare.
Headquartered in Tampa, Florida, WellCare offers a variety of health plans for
families, children, and the aged, blind, and 
disabled, as well as prescription drug plans. The company serves approximately 2.6 million members nationwide as of Sept. 30, 2012. For more information about WellCare, please visit the company's website at www.wellcare.com -END- CONTACTS: Investor Relations: Gregg Haddad 813-206-3916 gregg.haddad@wellcare.com Media Relations: Crystal Warwell Walker 813-206-2697 crystal.walker@wellcare.com WellCare Completes Desert Canyon Acquisition: hugin.info/145241/R/1667943/541524.pdf This announcement is distributed by Thomson Reuters on behalf of Thomson Reuters clients. The owner of this announcement warrants that: (i) the releases contained herein are protected by copyright and other applicable laws; and (ii) they are solely responsible for the content, accuracy and originality of the information contained therein. Source: WellCare Health Plans, Inc. via Thomson Reuters ONE [HUG#1667943]


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