WellCare, Centene Medicaid Winners

With the multi-billion-dollar, four-month enroll-a-thon for Florida’s Statewide Medicaid Managed Care program now complete, totals show WellCare Health Plans still on top.

 

 

The Tampa company’s Staywell plan now has more than 600,000 Florida Medicaid members. That’s 23 percent of the state’s roughly 3.3 million residents with Medicaid coverage, according to calculations by Citigroup Global Markets’ analyst Carl McDonald.

Coming in second is Sunshine Health Plan, a subsidiary of St. Louis-based Centene Corp.  With 372,000 people enrolled, it holds 15 percent of the Florida Medicaid market.

“We expected to double in size,” so the success is no surprise, said Sunshine spokeswoman Beth Nunnally. She predicted the company will have achieved that when the long-term-care enrollment is counted.

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