WellCare Health to buy Meridian Health Plans for $2.5 billion

CNBC Health Reports: WellCare Health Plans said on Tuesday it would buy Meridian Health Plans of Michigan and Illinois for $2.5 billion in cash to become the top Medicaid provider in those states. The deal will help WellCare add about 1.07 million Medicaid members in Michigan and Illinois and includes the acquisition of pharmacy benefit […]