WellCare Responds to Government Investigation

WellCare Health Plans, Inc. (NYSE: WCG) today announced actions it is taking in response to the search warrant executed by federal and state agencies at the Company’s headquarters on October 24, 2007.

“We are responding to yesterday’s developments in a direct, prompt and orderly manner,” said Todd Farha, chairman and chief executive officer. “We are committed to cooperating with the government throughout this process.”

Consistent with the statement of the U.S. Attorney’s Office yesterday, this investigation has not impacted the Company’s ability to serve the best interest of its members, providers and business partners.

Simultaneous with its efforts to ensure that the business continues to operate smoothly, the Company has undertaken a series of actions to respond to the government investigation. Specifically, the Company has:

* Been in direct contact with its Board of Directors, including members of the audit committee;
* Committed to cooperating with the federal and state authorities involved in the investigation;
* Retained the law firms of King & Spalding and Greenburg Traurig to assist the Company with responding to the investigation;
* Engaged with the Company’s auditors, Deloitte & Touche LLP;
* Been in contact with key constituents, including state and federal regulators in each of the Company’s markets.

“Our primary focus is to make sure that our operations are running smoothly and that we are continuing to pay provider claims timely, answer our customers’ calls and provide access to covered health care services for our members,” said Farha.

About WellCare Health Plans, Inc.

WellCare Health Plans, Inc. provides managed care services exclusively for government-sponsored healthcare programs, focusing on Medicaid and Medicare. Headquartered in Tampa, Florida, WellCare offers a variety of health plans for families, children, the aged, blind and disabled and prescription drug plans, currently serving more than 2.3 million members nationwide.

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For more information visit www.wellcare.com.

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