ý
|
QUARTERLY
REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE
ACT OF
1934
|
¨
|
TRANSITION
REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE
ACT OF
1934
|
Delaware
|
47-0937650
|
(State
or other jurisdiction of
|
(I.R.S.
Employer
|
incorporation
or organization)
|
Identification
No.)
|
8725
Henderson Road, Renaissance One
Tampa,
Florida
|
33634
|
(Address
of principal executive offices)
|
(Zip
Code)
|
(813)
290-6200
|
(Registrant’s
telephone number, including area code)
|
Page
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
June
30,
|
December
31,
|
|||||||
2007
|
2006
|
|||||||
Assets
|
||||||||
Current
Assets:
|
||||||||
Cash
and cash equivalents
|
$ |
1,473,048
|
$ |
964,542
|
||||
Investments
|
166,264
|
126,422
|
||||||
Premium
receivables, net
|
112,893
|
102,465
|
||||||
Other
receivables from government partners, net
|
54,981
|
40,902
|
||||||
Prepaid
expenses and other current assets
|
100,058
|
87,507
|
||||||
Deferred
income taxes
|
40,531
|
14,841
|
||||||
Total
current assets
|
1,947,775
|
1,336,679
|
||||||
Property,
equipment and capitalized software, net
|
63,096
|
62,005
|
||||||
Goodwill
|
189,470
|
189,470
|
||||||
Other
intangibles, net
|
17,451
|
18,855
|
||||||
Restricted
investment assets
|
73,977
|
53,382
|
||||||
Other
assets
|
2,283
|
1,839
|
||||||
Total
Assets
|
$ |
2,294,052
|
$ |
1,662,230
|
||||
Liabilities
and Stockholders' Equity
|
||||||||
Current
Liabilities:
|
||||||||
Medical
benefits payable
|
$ |
601,255
|
$ |
465,581
|
||||
Unearned
premiums
|
261,830
|
23,806
|
||||||
Accounts
payable
|
9,832
|
8,015
|
||||||
Other
accrued expenses
|
156,442
|
172,043
|
||||||
Other
payables to government partners
|
49,854
|
104,076
|
||||||
Taxes
payable
|
37,946
|
13,181
|
||||||
Current
portion of long-term debt
|
1,600
|
1,600
|
||||||
Funds
held for the benefit of members
|
299,395
|
113,652
|
||||||
Other
current liabilities
|
418
|
418
|
||||||
Total
current liabilities
|
1,418,572
|
902,372
|
||||||
Long-term
debt
|
153,301
|
154,021
|
||||||
Deferred
income taxes
|
36,234
|
34,666
|
||||||
Other
liabilities
|
7,680
|
8,116
|
||||||
Commitments
and contingencies (see Note 6)
|
-
|
-
|
||||||
Total
liabilities
|
1,615,787
|
1,099,175
|
||||||
Stockholders'
Equity:
|
||||||||
Preferred
stock, $0.01 par value (20,000,000 authorized, no shares issued
or
outstanding)
|
-
|
-
|
||||||
Common
stock, $0.01 par value (100,000,000 authorized, 41,682,464 and
40,900,134
shares
|
||||||||
issued
and outstanding at June 30, 2007 and December 31, 2006,
respectively)
|
417
|
409
|
||||||
Paid-in
capital
|
329,643
|
294,443
|
||||||
Retained
earnings
|
348,177
|
268,559
|
||||||
Accumulated
other comprehensive income
|
28
|
(356 | ) | |||||
Total
stockholders' equity
|
678,265
|
563,055
|
||||||
Total
Liabilities and Stockholders' Equity
|
$ |
2,294,052
|
$ |
1,662,230
|
Three
Months
|
Six
Months
|
|||||||||||||||
Ended
June 30,
|
Ended
June 30,
|
|||||||||||||||
2007
|
2006
|
2007
|
2006
|
|||||||||||||
Revenues:
|
||||||||||||||||
Premium
|
$ |
1,320,529
|
$ |
842,658
|
$ |
2,542,295
|
$ |
1,564,878
|
||||||||
Investment
and other income
|
19,229
|
10,153
|
36,896
|
18,317
|
||||||||||||
Total
revenues
|
1,339,758
|
852,811
|
2,579,191
|
1,583,195
|
||||||||||||
Expenses:
|
||||||||||||||||
Medical
benefits
|
1,082,218
|
704,964
|
2,106,389
|
1,304,047
|
||||||||||||
Selling,
general and administrative
|
160,859
|
104,566
|
327,415
|
201,831
|
||||||||||||
Depreciation
and amortization
|
4,252
|
3,254
|
8,818
|
6,344
|
||||||||||||
Interest
|
3,439
|
3,674
|
6,900
|
7,058
|
||||||||||||
Total
expenses
|
1,250,768
|
816,458
|
2,449,522
|
1,519,280
|
||||||||||||
Income
before income taxes
|
88,990
|
36,353
|
129,669
|
63,915
|
||||||||||||
Income
tax expense
|
34,345
|
14,179
|
50,051
|
24,973
|
||||||||||||
Net
income
|
$ |
54,645
|
$ |
22,174
|
$ |
79,618
|
$ |
38,942
|
||||||||
Net
income per common share (see Note 1):
|
||||||||||||||||
Net
income per common share — basic
|
$ |
1.35
|
$ |
0.56
|
$ |
1.97
|
$ |
1.00
|
||||||||
Net
income per common share — diluted
|
$ |
1.30
|
$ |
0.55
|
$ |
1.90
|
$ |
0.97
|
Six Months
|
||||||||
Ended
June 30,
|
||||||||
2007
|
2006
|
|||||||
Cash
from operating activities:
|
||||||||
Net
income
|
$ |
79,618
|
$ |
38,942
|
||||
Adjustments
to reconcile net income to net cash provided by operating
activities:
|
||||||||
Depreciation
and amortization expense
|
8,818
|
6,344
|
||||||
Loss
on disposal of fixed assets
|
-
|
1,259
|
||||||
Equity-based
compensation expense, net of tax benefits
|
25,595
|
12,575
|
||||||
Incremental
tax benefit received for option exercises
|
(13,713 | ) | (2,160 | ) | ||||
Deferred
taxes, net
|
(24,122 | ) | (14,386 | ) | ||||
Changes
in operating accounts:
|
||||||||
Premiums
receivable
|
(10,428 | ) | (37,491 | ) | ||||
Other
receivables from government partners
|
(14,079 | ) | (118,489 | ) | ||||
Prepaid
expenses and other current assets, net
|
(12,551 | ) | (29,753 | ) | ||||
Medical
benefits payable
|
135,674
|
180,679
|
||||||
Unearned
premiums
|
238,024
|
149,315
|
||||||
Accounts
payable
|
1,817
|
51,891
|
||||||
Other
accrued expenses
|
(15,601 | ) |
17,375
|
|||||
Other
payables to government partners
|
(54,222 | ) |
-
|
|||||
Taxes
payable, net
|
24,765
|
23,703
|
||||||
Other,
net
|
(419 | ) | (21 | ) | ||||
Net
cash provided by operating activities
|
369,176
|
279,783
|
||||||
Cash
from investing activities:
|
||||||||
Proceeds
from sale and maturities of investments
|
39,932
|
49,371
|
||||||
Purchases
of investments
|
(79,774 | ) | (134,053 | ) | ||||
Purchases
and dispositions of restricted investments, net
|
(20,595 | ) | (11,195 | ) | ||||
Additions
to property, equipment and capitalized software, net
|
(8,505 | ) | (21,523 | ) | ||||
Other
investing activities
|
-
|
(944 | ) | |||||
Net
cash used in investing activities
|
(68,942 | ) | (118,344 | ) | ||||
Cash
from financing activities:
|
||||||||
Proceeds
from common stock issuance, net
|
338
|
21,562
|
||||||
Proceeds
from option exercises
|
13,256
|
3,302
|
||||||
Incremental
tax benefit received for option exercises
|
13,713
|
2,160
|
||||||
Purchase
of treasury stock
|
(3,978 | ) |
-
|
|||||
Payments
on debt
|
(800 | ) | (800 | ) | ||||
Funds
received for the benefit of members
|
185,743
|
224,730
|
||||||
Net
cash provided by financing activities
|
208,272
|
250,954
|
||||||
Cash
and cash equivalents:
|
||||||||
Increase
during period
|
508,506
|
412,393
|
||||||
Balance
at beginning of period
|
964,542
|
421,766
|
||||||
Balance
at end of period
|
$ |
1,473,048
|
$ |
834,159
|
||||
SUPPLEMENTAL
DISCLOSURES OF CASH FLOW INFORMATION —
|
||||||||
Cash
paid for taxes
|
$ |
35,277
|
$ |
13,883
|
||||
Cash
paid for interest
|
$ |
6,519
|
$ |
6,810
|
1.
|
ORGANIZATION
AND BASIS OF PRESENTATION
|
Three
Months Ended
June
30,
|
Six
Months Ended
June
30,
|
|||||||||||||||
2007
|
2006
|
2007
|
2006
|
|||||||||||||
Numerator:
|
||||||||||||||||
Net
income – basic and diluted
|
$ |
54,645
|
$ |
22,174
|
$ |
79,618
|
$ |
38,942
|
||||||||
Denominator:
|
||||||||||||||||
Weighted-average
common shares outstanding – basic
|
40,585,325
|
39,345,011
|
40,375,445
|
38,970,062
|
||||||||||||
Dilutive
effect of:
|
||||||||||||||||
unvested
restricted common shares
|
413,877
|
523,931
|
448,310
|
560,039
|
||||||||||||
stock
options
|
937,091
|
761,512
|
985,815
|
766,383
|
||||||||||||
Weighted-average
common shares outstanding – diluted
|
41,936,293
|
40,630,454
|
41,809,570
|
40,296,484
|
||||||||||||
Net
income per common share:
|
||||||||||||||||
Net
income per common share – basic
|
$ |
1.35
|
$ |
0.56
|
$ |
1.97
|
$ |
1.00
|
||||||||
Net
income per common share – diluted
|
$ |
1.30
|
$ |
0.55
|
$ |
1.90
|
$ |
0.97
|
Three
Months
Ended
June 30,
|
Six
Months
Ended
June 30,
|
|||||||||||||||
2007
|
2006
|
2007
|
2006
|
|||||||||||||
Premium
revenue:
|
||||||||||||||||
Medicaid
|
$ |
652,357
|
$ |
387,950
|
$ |
1,288,751
|
$ |
741,425
|
||||||||
Medicare
|
668,172
|
454,708
|
1,253,544
|
823,453
|
||||||||||||
Total
|
1,320,529
|
842,658
|
2,542,295
|
1,564,878
|
||||||||||||
Medical
benefits expense:
|
||||||||||||||||
Medicaid
|
542,790
|
310,258
|
1,072,096
|
589,450
|
||||||||||||
Medicare
|
539,428
|
394,706
|
1,034,293
|
714,597
|
||||||||||||
Total
|
1,082,218
|
704,964
|
2,106,389
|
1,304,047
|
||||||||||||
Gross
margin:
|
||||||||||||||||
Medicaid
|
109,567
|
77,692
|
216,655
|
151,975
|
||||||||||||
Medicare
|
128,744
|
60,002
|
219,251
|
108,856
|
||||||||||||
Total
|
$ |
238,311
|
$ |
137,694
|
$ |
435,906
|
$ |
260,831
|
|
·
|
the
potential expiration, cancellation or suspension of our state or
federal
contracts;
|
|
·
|
our
lack of prior operating history in expansion markets such as Georgia,
Missouri and Ohio, including lack of experience with network providers
and
health benefits management in such
markets;
|
|
·
|
our
lack of prior operating history in our PDP program and PFFS
program;
|
|
·
|
our
ability to accurately predict and effectively manage health benefits
and
other operating expenses, including our ability to reinsure certain
risks
related to medical expenses;
|
|
·
|
the
potential for confusion in the marketplace concerning PDP and PFFS
programs resulting from, among other things, the proliferation of
healthcare options facing Medicare beneficiaries and the complexity
of the
PDP and PFFS programs, including the benefit structures and the relative
lack of awareness of these programs among healthcare providers,
pharmacists, patient advocates and state
regulators;
|
|
·
|
our
ability to accurately estimate incurred but not reported medical
costs;
|
|
·
|
risks
associated with future changes in laws applicable to our business,
including repeal or modification of the Medicare Modernization Act
of 2003
or any portion thereof;
|
|
·
|
potential
reductions in funding for government healthcare programs, including
proposals in Congress to reduce funding of Medicare Advantage
programs;
|
|
·
|
risks
associated with periodic government rate reimbursement adjustments,
including the timing of the CMS risk-corridor payments to PDP providers
and other program reconciliations;
|
|
·
|
risks
associated with negative publicity regarding the health insurance
industry, including government programs managed care
organizations;
|
|
·
|
our
ability to develop processes and systems to support our operations
and
future growth;
|
|
·
|
regulatory
changes and developments, including potential marketing restrictions,
sanctions, governmental investigations or premium
recoupments;
|
|
·
|
potential
fines, penalties or operating restrictions resulting from regulatory
audits, examinations, investigations or other
inquiries;
|
|
·
|
risks
associated with our acquisition
strategy;
|
|
·
|
risks
associated with our efforts to expand into additional states, counties
and
lines of business;
|
|
·
|
risks
associated with our substantial debt obligations;
and
|
|
·
|
risks
associated with our rapid growth, including our ability to attract
and
retain qualified management
personnel.
|
June
30,
2007
|
June
30,
2006
|
|||||||
Medicaid
|
||||||||
TANF
|
858,000
|
779,000
|
||||||
S-CHIP
|
217,000
|
162,000
|
||||||
SSI
|
70,000
|
59,000
|
||||||
FHP
|
31,000
|
27,000
|
||||||
1,176,000
|
1,027,000
|
|||||||
Medicare
|
||||||||
MA
|
155,000
|
83,000
|
||||||
PDP
|
971,000
|
901,000
|
||||||
1,126,000
|
984,000
|
|||||||
Total
|
2,302,000
|
2,011,000
|
Three
Months
Ended
June 30,
|
Six
Months
Ended
June 30,
|
|||||||||||||||
2007
|
2006
|
2007
|
2006
|
|||||||||||||
Statement
of Operations Data:
|
||||||||||||||||
Revenues
|
||||||||||||||||
Premium
|
98.6 | % | 98.8 | % | 98.6 | % | 98.8 | % | ||||||||
Investment
and other income
|
1.4 | % | 1.2 | % | 1.4 | % | 1.2 | % | ||||||||
Total
revenues
|
100.0 | % | 100.0 | % | 100.0 | % | 100.0 | % | ||||||||
Expenses
|
||||||||||||||||
Medical
benefits
|
80.8 | % | 82.7 | % | 81.7 | % | 82.4 | % | ||||||||
Selling,
general and administrative
|
12.0 | % | 12.3 | % | 12.7 | % | 12.7 | % | ||||||||
Depreciation
and amortization
|
0.3 | % | 0.4 | % | 0.3 | % | 0.4 | % | ||||||||
Interest
|
0.3 | % | 0.4 | % | 0.3 | % | 0.5 | % | ||||||||
Total
expenses
|
93.4 | % | 95.8 | % | 95.0 | % | 96.0 | % | ||||||||
Income
before income taxes
|
6.6 | % | 4.2 | % | 5.0 | % | 4.0 | % | ||||||||
Income
tax expense
|
2.5 | % | 1.7 | % | 1.9 | % | 1.6 | % | ||||||||
Net
Income
|
4.1 | % | 2.5 | % | 3.1 | % | 2.4 | % |
Medicaid
Revenues and Membership
|
||||||||||||||||
Three
Months Ended
June
30,
|
Six
Months Ended
June
30,
|
|||||||||||||||
2007
|
2006
|
2007
|
2006
|
|||||||||||||
Revenues
|
$ |
652.4
|
$ |
388.0
|
$ |
1,288.8
|
$ |
741.4
|
||||||||
%
of Total Premium Revenues
|
49.4 | % | 46.0 | % | 50.7 | % | 47.4 | % | ||||||||
Membership
|
1,176,000
|
1,027,000
|
1,176,000
|
1,027,000
|
||||||||||||
%
of Total Membership
|
51.1 | % | 51.1 | % | 51.1 | % | 51.1 | % |
Medicare
Revenues and Membership
|
||||||||||||||||
Three
Months Ended
June
30,
|
Six
Months Ended
June
30,
|
|||||||||||||||
2007
|
2006
|
2007
|
2006
|
|||||||||||||
Revenues
|
$ |
668.2
|
$ |
454.7
|
$ |
1,253.5
|
$ |
823.5
|
||||||||
%
of Total Premium Revenues
|
50.6 | % | 54.0 | % | 49.3 | % | 52.6 | % | ||||||||
Membership
|
1,126,000
|
984,000
|
1,126,000
|
984,000
|
||||||||||||
%
of Total Membership
|
48.9 | % | 48.9 | % | 48.9 | % | 48.9 | % |
Medicaid
Medical Benefits Expense
|
||||||||||||||||
Three
Months Ended
June
30,
|
Six
Months Ended
June
30,
|
|||||||||||||||
2007
|
2006
|
2007
|
2006
|
|||||||||||||
Medical
benefits expense
|
$ |
542.8
|
$ |
310.3
|
$ |
1,072.1
|
$ |
589.5
|
||||||||
MBR
|
83.2 | % | 80.0 | % | 83.2 | % | 79.5 | % |
Medicare
Medical Benefits Expense
|
||||||||||||||||
Three
Months Ended
June
30,
|
Six
Months Ended
June
30,
|
|||||||||||||||
2007
|
2006
|
2007
|
2006
|
|||||||||||||
Medical
benefits expense
|
$ |
539.4
|
$ |
394.7
|
$ |
1,034.3
|
$ |
714.6
|
||||||||
MBR
|
80.7 | % | 86.8 | % | 82.5 | % | 86.8 | % |
Selling,
General and Administrative Expense
|
||||||||||||||||
Three
Months Ended
June
30,
|
Six
Months Ended
June
30,
|
|||||||||||||||
2007
|
2006
|
2007
|
2006
|
|||||||||||||
SG&A
|
$ |
160.9
|
$ |
104.6
|
$ |
327.4
|
$ |
201.8
|
||||||||
SG&A
expense to total revenue ratio
|
12.0 | % | 12.3 | % | 12.7 | % | 12.7 | % |
Income
Tax Expense
|
||||||||||||||||
Three
Months Ended
June
30,
|
Six
Months Ended
June
30,
|
|||||||||||||||
2007
|
2006
|
2007
|
2006
|
|||||||||||||
Income
tax expense
|
$ |
34.3
|
$ |
14.2
|
$ |
50.1
|
$ |
25.0
|
||||||||
Effective
tax rate
|
38.5 | % | 39.0 | % | 38.6 | % | 39.1 | % |
Net
Income
|
||||||||||||||||||||||||
Three
Months Ended June 30,
|
Six
Months Ended June 30,
|
|||||||||||||||||||||||
2007
|
2006
|
%
Change
|
2007
|
2006
|
%
Change
|
|||||||||||||||||||
Net
income
|
$ |
54.6
|
$ |
22.2
|
145.9 | % | $ |
79.6
|
$ |
38.9
|
104.6 | % | ||||||||||||
Net
income per diluted share
|
$ |
1.30
|
$ |
0.55
|
136.4 | % | $ |
1.90
|
$ |
0.97
|
95.9 | % |
Six
Months Ended
June
30,
|
||||||||
2007
|
2006
|
|||||||
Net
cash provided by operations
|
$ |
369,176
|
$ |
279,783
|
||||
Net
cash used in investing activities
|
(68,942 | ) | (118,344 | ) | ||||
Net
cash provided by financing activities
|
208,272
|
250,954
|
Proposal
One:
|
The
election of two directors to serve as Class III Directors through
2010. The vote with respect to each nominee was as
follows:
|
|
(a)
|
33,090,189
votes were cast for the election of Alif Hourani as a director; 2,990,597
votes were withheld.
|
|
(b)
|
35,652,276
votes were cast for the election of Neal Moszkowski as a director;
428,510
votes were withheld.
|
|
Proposal
Two:
|
Ratification
of independent registered public accounting firm for
2007. There were 36,019,718 votes cast in favor of this
proposal, 39,062 against and 22,006 abstentions.
|
|
Incorporated
by Reference
|
||||
Exhibit
Number
|
Description
|
Form
|
Filing
Date
with
SEC
|
Exhibit
Number
|
2.1
|
Agreement
and Plan of Merger, dated as of February 12, 2004, between WellCare
Holdings, LLC and WellCare Group, Inc.
|
S-1/A
|
June
8, 2004
|
2.1
|
3.1
|
Amended
and Restated Certificate of Incorporation
|
10-Q
|
August
13, 2004
|
3.1
|
3.2
|
Amended
and Restated Bylaws of WellCare Health Plans, Inc.
|
10-Q
|
August
13, 2004
|
3.2
|
4.1
|
Specimen
common stock certificate
|
S-1/A
|
June
29, 2004
|
4.1
|
10.1
|
Amendment
to Medicaid Managed Care and Family Health Plus Model Contract, between
the City of New York Department of Health and Mental Hygiene and
WellCare
of New York, Inc.
|
8-K
|
April
11, 2007
|
10.1
|
10.2
|
Amendment
number 1 to the Department of Community Health Contract No. 651,
between
the Georgia Department of Community Health and WellCare of Georgia,
Inc.
|
8-K
|
April
24, 2007
|
10.1
|
10.3
|
Amendment
number 4 to the Medicaid Managed Care – Eastern Region contract between
the State of Missouri Office of Administration Division of Purchasing
and
Materials Management and Harmony Health Plan of Illinois,
Inc.
|
8-K
|
May
4, 2007
|
10.1
|
10.4
|
Amendment
number 4 to the Medicaid Managed Care and Family Health Plus Model
Contract between the New York State Department of Health and WellCare
of
New York, Inc.
|
8-K
|
May
17, 2007
|
10.1
|
10.5
|
Amendment
to Medicaid Advantage Model Contract between the City of New York
Department of Health and Mental Hygiene and WellCare of New York,
Inc.
|
8-K
|
June
8, 2007
|
10.1
|
10-Q
|
August
3, 2007
|
10.6
|
||
10-Q
|
August
3, 2007
|
10.7
|
||
10.8
|
Amendment
number 3 to Contract No. FAR001, between the State of Florida, Agency
for
Healthcare Administration and HealthEase of Florida, Inc. (Medicaid
Reform
2006-2009).
|
8-K
|
June
22, 2007
|
10.1
|
10.9
|
Amendment
number 3 to Contract No. FAR009, between the State of Florida, Agency
for
Healthcare Administration and WellCare of Florida, Inc. d/b/a Staywell
Health Plan of Florida (Medicaid Reform 2006-2009).
|
8-K
|
June
22, 2007
|
10.2
|
10.10
|
2008
Managed Care Plan for the Northeast Region Provider Agreement between
the
Ohio Department of Job and Family Services and WellCare of Ohio,
Inc.
(ABD).
|
8-K
|
June
29, 2007
|
10.1
|
10.11
|
2008
Managed Care Plan for the Northeast Region Provider Agreement between
the
Ohio Department of Job and Family Services and WellCare of Ohio,
Inc.
(CFC).
|
8-K
|
June
29, 2007
|
10.2
|
10.12
|
Amendment
number 1 to Contract No. FA615, between the State of Florida, Agency
for
Healthcare Administration and WellCare of Florida, Inc. d/b/a Staywell
Health Plan of Florida (Medicaid 2006-2009).
|
8-K
|
June
29, 2007
|
10.3
|
*
Filed herewith
|
WELLCARE
HEALTH PLANS, INC.
|
|||
By:
|
/
s / Paul L. Behrens
|
||
Paul
L. Behrens, Senior Vice President and Chief Financial
Officer
|
|||
(Principal
Financial and Accounting Officer and duly authorized
officer)
|
Incorporated
by Reference
|
||||
Exhibit
Number
|
Description
|
Form
|
Filing
Date
with
SEC
|
Exhibit
Number
|
2.1
|
Agreement
and Plan of Merger, dated as of February 12, 2004, between WellCare
Holdings, LLC and WellCare Group, Inc.
|
S-1/A
|
June
8, 2004
|
2.1
|
3.1
|
Amended
and Restated Certificate of Incorporation
|
10-Q
|
August
13, 2004
|
3.1
|
3.2
|
Amended
and Restated Bylaws of WellCare Health Plans, Inc.
|
10-Q
|
August
13, 2004
|
3.2
|
4.1
|
Specimen
common stock certificate
|
S-1/A
|
June
29, 2004
|
4.1
|
10.1
|
Amendment
to Medicaid Managed Care and Family Health Plus Model Contract,
between
the City of New York Department of Health and Mental Hygiene and
WellCare
of New York, Inc.
|
8-K
|
April
11, 2007
|
10.1
|
10.2
|
Amendment
number 1 to the Department of Community Health Contract No. 651,
between
the Georgia Department of Community Health and WellCare of Georgia,
Inc.
|
8-K
|
April
24, 2007
|
10.1
|
10.3
|
Amendment
number 4 to the Medicaid Managed Care – Eastern Region contract between
the State of Missouri Office of Administration Division of Purchasing
and
Materials Management and Harmony Health Plan of Illinois,
Inc.
|
8-K
|
May
4, 2007
|
10.1
|
10.4
|
Amendment
number 4 to the Medicaid Managed Care and Family Health Plus Model
Contract between the New York State Department of Health and WellCare
of
New York, Inc.
|
8-K
|
May
17, 2007
|
10.1
|
10.5
|
Amendment
to Medicaid Advantage Model Contract between the City of New York
Department of Health and Mental Hygiene and WellCare of New York,
Inc.
|
8-K
|
June
8, 2007
|
10.1
|
10-Q
|
August
3, 2007
|
10.6
|
||
10-Q
|
August
3, 2007
|
10.7
|
||
10.8
|
Amendment
number 3 to Contract No. FAR001, between the State of Florida,
Agency for
Healthcare Administration and HealthEase of Florida, Inc. (Medicaid
Reform
2006-2009).
|
8-K
|
June
22, 2007
|
10.1
|
10.9
|
Amendment
number 3 to Contract No. FAR009, between the State of Florida,
Agency for
Healthcare Administration and WellCare of Florida, Inc. d/b/a Staywell
Health Plan of Florida (Medicaid Reform 2006-2009).
|
8-K
|
June
22, 2007
|
10.2
|
10.10
|
2008
Managed Care Plan for the Northeast Region Provider Agreement between
the
Ohio Department of Job and Family Services and WellCare of Ohio,
Inc.
(ABD).
|
8-K
|
June
29, 2007
|
10.1
|
10.11
|
2008
Managed Care Plan for the Northeast Region Provider Agreement between
the
Ohio Department of Job and Family Services and WellCare of Ohio,
Inc.
(CFC).
|
8-K
|
June
29, 2007
|
10.2
|
10.12
|
Amendment
number 1 to Contract No. FA615, between the State of Florida, Agency
for
Healthcare Administration and WellCare of Florida, Inc. d/b/a Staywell
Health Plan of Florida (Medicaid 2006-2009).
|
8-K
|
June
29, 2007
|
10.3
|
*
Filed herewith
|