WellCare to Hire Hundreds to Support Transition to Medicaid Managed Care in North Carolina

RALEIGH, N.C. and TAMPA, Fla., July 31, 2019 /PRNewswire/ -- WellCare of North Carolina, a WellCare Health Plans, Inc. (NYSE: WCG) company, ("WellCare") is seeking to fill 300 full-time positions to support the state's transition to Medicaid managed care.

WellCare was one of four health plans selected by the North Carolina Department of Health and Human Services (DHHS) to serve North Carolina's Medicaid beneficiaries on a statewide basis. One additional health plan led by providers was selected to operate in certain regions. The state is expected to implement the new Medicaid managed care program in 27 counties beginning Nov. 1, 2019, and the remaining counties on Feb. 1, 2020.

To support its growth in the state, WellCare is seeking to hire more than 300 full-time associates. New positions will support clinical functions including care managers, social workers and behavioral health professionals as well as operational functions including member and provider outreach, network development, finance, and operations professionals. The majority of positions will be located in the Raleigh metro area.

WellCare will participate in the WRAL Capital Area Career Expo, located at the McKimmon Center at North Carolina State University, 1101 Gorman Street, Raleigh, from 10 a.m.-1 p.m. on Aug. 1. Interested candidates are encouraged to attend or to visit WellCare's current list of openings on the company's website.

"As our company grows, we are looking for talented, driven individuals to join us in our mission to provide quality care and services that help our members in North Carolina live better, healthier lives," said Troy Hildreth, WellCare's state president in North Carolina.

For a complete list of open positions in North Carolina, visit https://jobs.wellcare.com/.

About WellCare Health Plans, Inc.
Headquartered in Tampa, Fla., WellCare Health Plans, Inc. (NYSE: WCG) 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. WellCare serves approximately 6.3 million members nationwide as of June 30, 2019. For more information about WellCare, please visit the company's website at www.wellcare.com.

Cautionary Statement Regarding Forward-Looking Statements
This news release contains "forward-looking" statements that are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Statements that are predictive in nature, that depend upon or refer to future events or conditions, or that include words such as "expects," "will," "anticipates," "intends," "plans," "believes," "estimates," and similar expressions are forward-looking statements. For example, statements regarding the date for commencement of services under the new program contain forward-looking statements. Forward-looking statements involve known and unknown risks and uncertainties that may cause WellCare's actual future results to differ materially from those projected or contemplated in the forward-looking statements. These risks and uncertainties include, but are not limited to, the outcome of any protests and litigation related to the Medicaid awards, the approval of the contract by the Centers for Medicare & Medicaid Services, any changes to the program or contract, WellCare's ability to address operational challenges relating to the implementation of the contract requirements, including, but not limited to, meeting the requirements of readiness reviews, WellCare's progress on top priorities such as integrating care management, advocating for our members, building advanced relationships with providers and government partners, ensuring a competitive cost position, and delivering prudent, profitable growth, WellCare's ability to effectively estimate and manage growth, WellCare's ability to meet the requirements of readiness reviews, potential reductions in Medicaid revenue, WellCare's ability to estimate and manage medical benefits expense effectively, including through its vendors, WellCare's ability to improve healthcare quality and access, and its ability to negotiate actuarially sound rates, especially in new programs with limited experience. Given the risks and uncertainties inherent in forward-looking statements, any of WellCare's forward-looking statements could be incorrect and investors are cautioned not to place undue reliance on any of our forward-looking statements.

Additional information concerning these and other important risks and uncertainties can be found in the Company's filings with the U.S. Securities and Exchange Commission ("SEC"), included under the captions "Forward-Looking Statements" and "Risk Factors" in the Company's Annual Report on Form 10-­K for the year ended December 31, 2018, the Quarterly Report on Form 10-Q for the quarter ended March 31, 2019 and other filings by WellCare with the SEC, which contain discussions of WellCare's business and the various factors that may affect it. Subsequent events and developments may cause actual results to differ, perhaps materially, from WellCare's forward-looking statements. WellCare undertakes no duty to update these forward-looking statements to reflect any future events, developments, or otherwise.

Any reference in this press release to any person, organization, activity, or services related to North Carolina Medicaid does not constitute or imply the endorsement, recommendation, or favoring by North Carolina Department of Health and Human Services.

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SOURCE WellCare Health Plans, Inc.