Life & Health Insurance M&A » By The Online Investor Staff, updated Fri., Jun. 9, 6:59 AM
Recent mergers and acquisitions in the Life & Health Insurance M&A category.
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Slide #34. WellCare Health Plans, Inc. — Aetna's Missouri Care
Acquirer:
WellCare Health Plans, Inc. (WCG)
Acquiree:
Aetna's Missouri Care (AET)
Details:
Aetna announced that it has agreed to sell its Missouri Medicaid business, called Missouri Care, to WellCare Health Plans, Inc. (NYSE:,WCG). Financial terms were not disclosed.
WellCare Health Plans is a holding company. Through its subsidiaries, Co. is a managed care company and focuses primarily on providing government-sponsored managed care services to families, children, seniors and individuals with complex medical needs primarily through Medicaid, Medicare Advantage and Medicare Prescription Drug Plans, as well as individuals in the Health Insurance Marketplace. Medicaid provides medical assistance to elderly, disabled, children and their families. The Medicare program provides health care coverage primarily to individuals age 65 or older as well as to individuals with certain disabilities and consists of four parts, labeled A through D.
Open the WCG Page at The Online Investor »
WellCare Health Plans is a holding company. Through its subsidiaries, Co. is a managed care company and focuses primarily on providing government-sponsored managed care services to families, children, seniors and individuals with complex medical needs primarily through Medicaid, Medicare Advantage and Medicare Prescription Drug Plans, as well as individuals in the Health Insurance Marketplace. Medicaid provides medical assistance to elderly, disabled, children and their families. The Medicare program provides health care coverage primarily to individuals age 65 or older as well as to individuals with certain disabilities and consists of four parts, labeled A through D.
Open the AET Page at The Online Investor »
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