November 06, 2007
WellCare Health Plan’s Tampa, Florida, headquarters were searched by state and federal agents investigating allegations brought in a whistleblower suit.
The whistleblower, a former employee of a WellCare subsidiary, claimed that the company inflated the amount it spent on mental health care in order to keep money it should have refunded to Florida’s Medicaid program. The fraudulent practices allegedly resulted in over $35 million in overcharges, according to an article in the November 3, 2007 issue of the Wall Street Journal.