This item is part of Stockwatch's value added news feed and is only available to Stockwatch subscribers.Here is a sample of this item:WellCare To Resume Medicare Marketing and Sales 2009-11-04 06:30 ET - News Release  Company Website:
http://www.wellcare.com TAMPA, Fla. -- (Business Wire)
WellCare Health Plans, Inc. (NYSE: WCG) today announced that the Centers
for Medicare & Medicaid Services (“CMS”) released the Company from the
previously disclosed sanctions, except as noted below. The Company will
resume marketing its Medicare Prescription Drug Plans and Medicare
Advantage coordinated care plans over the coming days. The enrollments
will be effective beginning January 1, 2010. The Company intends to
reinitiate marketing over the next several months in a measured fashion
and has been notified by CMS that it will be subject to heightened
regulatory monitoring during the upcoming open enrollment periods.
“We are pleased that CMS has recognized the significant improvements we
have made across the Company,” said Heath Schiesser, WellCare’s
president and chief executive officer. “Providing Medicare beneficiaries
access to quality health care and ensuring the satisfaction of the
members, providers and government clients we serve are top priorities
for WellCare.”
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