WellCare Health Plans is cutting 208 jobs, or 5% of its workforce, mostly in Florida and New York Medicaid sales operations.
The Tampa, Fla.-based managed-care company said it has 200 open positions to fill and remains committed to both those states markets.
WellCare has been the target of federal and state probes since last October, when about 200 agents raided company headquarters and seized files. The investigations are ongoing. In January, the board of directors replaced the chief executive officer, chief financial officer and general counsel.
Making personnel changes such as weve done today is difficult, said Heath Schiesser, president and chief executive officer of WellCare, in a news statement. However, it is our obligation to deploy our resources as efficiently and effectively as possible.
WellCare has more than 2.4 million members nationwide in mostly government-sponsored healthcare programs. -- by Rebecca Vesely