Connecticut officials are keeping a close eye on a federal raid Wednesday at the headquarters of WellCare Health Plans, Inc. in Tampa, Florida. WellCare is one of the four HMO’s the state contracts with to administer its HUSKY health insurance for low-income families.
“We need to closely monitor this situation,” Rep. Chris Donovan, D-Meriden, said Wednesday in a press release. “I have advised the DSS of the Florida raid on WellCare and have asked for the Department to review our contract with the company. We must make sure the interests of our state and our children are protected.”
WellCare’s stock briefly stopped trading Wednesday as a result of the raid.
Click here for an audio message from WellCare’s Chairman and CEO Todd Farha.