WellCare Sells Life Insurance Company

Client Type: Public Company

We represented WellCare Health Plans, Inc. in the sale of its wholly owned subsidiary, Sterling Life Insurance Company to Cigna. Sterling serves more than 44,000 Medicare supplement customers in 39 states along with critical condition and life insurance policies.

Headquartered in Tampa, Florida, WellCare Health Plans, Inc. (NYSE: WCG) focuses exclusively on providing government-sponsored managed care services, primarily through Medicaid, Medicare Advantage and Medicare Prescription Drug Plans, to families, children, seniors and individuals with complex medical needs. WellCare serves approximately 3.8 million members nationwide as of March 31, 2015.

We represented WellCare Health Plans, Inc. in the sale of its wholly owned subsidiary, Sterling Life Insurance Company to Cigna. Sterling serves more than 44,000 Medicare supplement customers in 39 states along with critical condition and life insurance policies.

Headquartered in Tampa, Florida, WellCare Health Plans, Inc. (NYSE: WCG) focuses exclusively on providing government-sponsored managed care services, primarily through Medicaid, Medicare Advantage and Medicare Prescription Drug Plans, to families, children, seniors and individuals with complex medical needs. WellCare serves approximately 3.8 million members nationwide as of March 31, 2015.