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Medicare Part D - Insurer WellCare's 1st-quarter earnings soar, helped in part by Medicare


Insurer WellCare's 1st-quarter earnings soar, helped in part by Medicare Part D gains
TAMPA, Fla. - WellCare Health Plans Inc. said Friday its first-quarter earnings more than tripled as the government health insurance provider saw a big membership gain in Medicare prescription drug plans compared to last year, when enrolment fell mainly due to marketing sanctions from the federal government.

CVS Caremark Receives Subpoena from SEC
CVS Caremark said it received a subpoena from the US Securities and Exchange Commission in February requesting information about public disclosures it made in 2009 on its PBM and Medicare part D businesses and transactions of securities by some of its officers.

New Edition of Best-Selling Book Contains Updated Data on Medicare Advantage, Medicare Part D and Managed Medicaid
Managed Medicare and Medicaid Factbook: 2011, the newest book from the publisher of industry-leading newsletters Medicare Advantage News and Health Plan Week, tracks the enrollment trends, plan design information and market share statistics that are required for an effective strategic planning process.

CVS Caremark to Complete Acquisition of Universal American's Medicare Part D Business
WOONSOCKET, R.I., April 28, 2011 /PRNewswire/ -- CVS Caremark (NYSE: CVS) today announced it expects to complete the acquisition of the Medicare Part D business of Universal American on Friday, April 29, 2011. As previously announced, CVS Caremark will pay Universal American shareholders cash consideration of $1.25 billion plus the excess capital in the entities that operate Universal American's ...

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