WellCare Health Plans Competitors and Similar CompaniesClear all
WellCare Health Plans's competitors and similar companies include Blue Shield of California, VSP Global, Aetna, CVS Health, Magellan Health, Molina Healthcare, Cigna and Amerigroup.
 WellCare Health Plans WellCare Health Plans (also known as WCG Health Management) is a provider of government-sponsored managed care services. |  Blue Shield of California Blue Shield of California (also known as California Physicians' Service) is a provider of health insurance services. |  VSP Global VSP Global (also known as Vision Service Plan) is a group of companies providing visual care and business solutions. |  Molina Healthcare Molina Healthcare is a healthcare organization that delivers healthcare services and offers health information management solutions. |  Amerigroup Amerigroup is a provider of healthcare solutions for public programs that serves seniors, people with disabilities, low-income families, and other state and federally sponsored beneficiaries. | |||||
Founding Date | Founding Date 1985 | Founding Date 1939 | Founding Date 1955 | Founding Date 1853 | Founding Date 1963 | Founding Date 1969 | Founding Date 1980 | Founding Date 1981 | Founding Date 1994 |
Type | Type Subsidiary | Type Private | Type Private | Type Subsidiary | Type Public | Type Subsidiary | Type Public | Type Public | Type Subsidiary |
Tags | |||||||||
Locations | Locations Clayton, US HQ Tampa, US | Locations Oakland, US HQ Chico, US Long Beach, US | Locations Rancho Cordova, US HQ Hong Kong, HK Hong Kong, HK Hong Kong, HK London, GB Reading, GB Atlanta, US see more | Locations Hartford, US HQ Shanghai, CN Hong Kong, HK Hong Kong, HK Jakarta, ID Dublin, IE Singapore, SG see more | Locations Woonsocket, US HQ Irving, US Northbrook, US Pittsburgh, US Scottsdale, US | Locations Frisco, US HQ Maryland Heights, US | Locations Long Beach, US HQ Albuquerque, US Bothell, US Columbus, US Doral, US Irving, US Jackson, US see more | Locations Bloomfield, US HQ Antwerpen, BE Hong Kong, HK Hong Kong, HK Hong Kong, HK Denpasar, ID Jakarta, ID see more | Locations Virginia Beach, US HQ |
Employees | Employees 5,481 | Employees 7,8271% increase | Employees 9,717 | Employees 39,364 | Employees 300,000 | Employees 5,335 | Employees 14,00033% increase | Employees 71,3003% decrease | Employees 2,348 |
Valuation ($) | Valuation ($) N/A | Valuation ($) N/A | Valuation ($) N/A | Valuation ($) N/A | Valuation ($) 70.8 b | Valuation ($) N/A | Valuation ($) 18.5 b | Valuation ($) 98.9 b | Valuation ($) N/A |
Financial | |||||||||
Revenue (est.) | Revenue (est.) $20.4b (FY, 2018) | Revenue (est.) $23.9b (Y, 2022) | Revenue (est.) N/A | Revenue (est.) N/A | Revenue (est.) $372.8b (FY, 2024) | Revenue (est.) $4.6b (FY, 2020) | Revenue (est.) $40.7b (FY, 2024) | Revenue (est.) $247.1b (FY, 2024) | Revenue (est.) $6.3b (FY, 2011) |
Cost of goods | Cost of goods $17.3b (FY, 2018) | Cost of goods $22.1b (Y, 2022) | Cost of goods N/A | Cost of goods N/A | Cost of goods $206.3b (FY, 2024) | Cost of goods $3.6b (FY, 2020) | Cost of goods $34.4b (FY, 2024) | Cost of goods $182.5b (FY, 2024) | Cost of goods $5.3b (FY, 2011) |
Gross profit | Gross profit $3.1b (FY, 2018) | Gross profit $1.7b (Y, 2022) | Gross profit N/A | Gross profit N/A | Gross profit $166.5b (FY, 2024) | Gross profit $999m (FY, 2020) | Gross profit $6.2b (FY, 2024) | Gross profit $64.6b (FY, 2024) | Gross profit $1b (FY, 2011) |
Net income | Net income $439.8m (FY, 2018) | Net income ($910m) (Y, 2022) | Net income N/A | Net income N/A | Net income $4.6b (FY, 2024) | Net income $382.3m (FY, 2020) | Net income $1.2b (FY, 2024) | Net income $3.8b (FY, 2024) | Net income $195.6m (FY, 2011) |
Operating ⚠ | |||||||||
Customers | Customers N/A | Customers N/A | Customers N/A | Customers N/A | Customers 35 m (FY, 2022) | Customers N/A | Customers N/A | Customers 2.9 m (FY, 2020) | Customers N/A |
States | States 50 (Nov, 2022) | States N/A | States N/A | States N/A | States N/A | States N/A | States N/A | States N/A | States 12 (Apr, 2019) |
Trademarks (US) | Trademarks (US) N/A | Trademarks (US) 6 (Apr, 2024) | Trademarks (US) N/A | Trademarks (US) 108 (Jan, 2024) | Trademarks (US) N/A | Trademarks (US) N/A | Trademarks (US) N/A | Trademarks (US) N/A | Trademarks (US) N/A |
Funding | |||||||||
Total funding raised | Total funding raised N/A | Total funding raised N/A | Total funding raised N/A | Total funding raised N/A | Total funding raised N/A | Total funding raised $ 101m | Total funding raised $ 3.1m | Total funding raised N/A | Total funding raised N/A |
For sources of this data, please see the company profile
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Blue Shield of California
HQ
Oakland, US
Employees
7,827↑ 1% increase
Blue Shield of California (also known as California Physicians' Service) is a provider of health insurance services.
View companyVSP Global
HQ
Rancho Cordova, US
Employees
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VSP Global (also known as Vision Service Plan) is a group of companies providing visual care and business solutions.
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HQ
Woonsocket, US
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