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FBI Raids Offices of Huge Medicare Provider
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ShareOctober 24, 2007 4:05 PM
Federal and state agents executed a search warrant today at the corporate offices of WellCare Health Plans in Tampa, Fla.
The health care giant provides managed care services for more than two million people nationwide through Medicare and Medicaid.
The U.S. Attorney's Office, which is leading the investigation, refused to comment on why the raid was conducted, saying only that "the ongoing investigation does not concern...the delivery of any health care service to any person." Agents from the Medicaid Fraud Unit of the Florida Attorney General's Office also took part in the raid.
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Business has boomed for WellCare in recent years through its administration of Medicare's prescription drug program. The company has more than two million members nationwide and has projected revenues of almost $5 billion for 2007. Trading in the company's shares was halted today in the wake of the search warrant.
WellCare did not return the Blotter's request for a comment on the raid.
The company, however, did issue a statement, reading, "Today federal and state officials executed a search warrant at our Tampa headquarters. We are cooperating with the authorities. Our number one priority is making sure that our members have access to needed care and services. Our essential services are operational and will remain uninterrupted."
Photo courtesy of WFTS ABC Action News.
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October 24, 2007 | Permalink | User Comments (3)
The medicare 'fraud' office has
caused hardships to many providers
in recent years, usually they use
their unlimited
allegations(usually from competitors)
of wrong doing. Medicare fraud should
go after medicare carriers due to the
dishonest manner they cheat the
providers and withhold life
threatening services. Texas has many
examples in recent years.
Injustice in Texas
Posted by: larry hernandez | Oct 24, 2007 5:38:09 PM
Why are they evan telling us this?
What is the point if the artical dosn't evan say why they raided Well Care!
Posted by: Dan Redenbocker | Oct 25, 2007 3:07:36 PM
A big problem also exist with the drug problem "Extra Help." Many people were enrolled by these drug providers without even knowing they were enrolled. Medicare even paid some of these companies for over a year even though the person was not enrolled and or dis-enrolled. This is just a large paragraph in the book "The Largest Robbery In History" by a political party that turned to crime through contractors, thereby legalizing their fraud and crimes.
Posted by: jjrousseau55 | Oct 25, 2007 4:48:40 PM
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