On March 27, 2019, Centene Corporation (Centene) and WellCare Health Plans, Inc. (WellCare) announced that Centene will acquire WellCare in a cash and stock transaction for $17.3 billion. The transaction is expected to be completed in the first half of 2020. The combined company will serve approximately 22 million members, with 12 million enrolled in Medicaid managed care plans, about 5 million enrolled in Medicare Advantage plans or Medicare Part D Prescription Drug Plans, and the remaining 5 million individuals served in the Health Insurance Marketplace or the TRICARE program. With the addition of WellCare's markets, and its . . .
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