WellCare of North Carolina Receives NCQA Health Equity Accreditation Ahead of 2025 Requirement

Rhea-AI Summary

WellCare of North Carolina, a Medicaid health plan under Centene (NYSE: CNC), has achieved the National Committee for Quality Assurance (NCQA) Health Equity Accreditation one year ahead of the 2025 deadline. This accreditation, awarded for three years, reflects WellCare's commitment to health equity and improving care quality for its diverse membership. The NCQA Health Equity Accreditation provides a framework for healthcare organizations to enhance health equity, and WellCare aims to eliminate health disparities across North Carolina. Plan President & CEO Troy Hildreth emphasized the company's dedication to supporting the health and wellbeing of its members.

Positive

• WellCare of North Carolina achieved NCQA Health Equity Accreditation a year ahead of the 2025 mandate.
• The accreditation reflects WellCare's commitment to high-quality, equitable healthcare.
• A three-year accreditation demonstrates WellCare's ongoing efforts to improve health outcomes and reduce disparities.

Negative

• None.

RALEIGH, N.C., July 10, 2024 /PRNewswire/ -- Today WellCare of North Carolina (WellCare), a Medicaid health plan and subsidiary of Centene Corporation (NYSE: CNC) has received Health Equity Accreditation Status by the National Committee for Quality Assurance (NCQA). Originally mandated for completion by mid-year 2025, WellCare achieved this milestone in mid-year 2024, showcasing its strong commitment to health equity.

"Achieving the NCQA Health Equity Accreditation demonstrates our commitment to health equity and our aim to support health and wellbeing within our membership and their lived communities," said Plan President & CEO for WellCare of North Carolina, Troy Hildreth. "We are dedicated to cultivating a culture that supports our efforts to reduce health inequities and improve care quality for our diverse member population."

The NCQA Health Equity Accreditation gives healthcare organizations an actionable framework for improving health equity. This accreditation recognizes WellCare for its commitment to delivering high-quality, equitable healthcare to its members and its ongoing commitment to eliminating health disparities to support better health outcomes across the state. WellCare has proactively secured this accreditation a year ahead of the required timeline set by the North Carolina Department of Health and Human Services (NC DHHS). Health Equity Accreditation is awarded for three years and WellCare will continue to work toward renewing its accreditation status in the future.

NCQA is an independent, not-for-profit organization dedicated to improving healthcare quality. The NCQA Health Plan Accreditation shows members and providers that a health plan is well managed and delivers high-quality care and services, while demonstrating their commitment to advancing health equity.

About WellCare of North Carolina
Headquartered in Raleigh, WellCare of North Carolina provides government-sponsored managed care services to families, children, seniors, and individuals with complex needs primarily through Medicaid as one of the state's Medicaid Prepaid Health Plans (WellCare of North Carolina), Marketplace (WellCare of North Carolina by Celtic Insurance Company), Medicare Advantage (Wellcare), and Medicare Prescription Drug Plans (Wellcare). WellCare of North Carolina is a wholly owned subsidiary of Centene Corporation, a leading healthcare enterprise committed to helping people live healthier lives. For more information, visit www.WellCareNC.com.

About Centene Corporation
Centene Corporation, a Fortune 500 company, is a leading healthcare enterprise that is committed to helping people live healthier lives. The Company takes a local approach – with local brands and local teams – to provide fully integrated, high-quality and cost-effective services to government-sponsored and commercial healthcare programs, focusing on under- insured and uninsured individuals. Centene offers affordable and high-quality products to nearly 1 in 15 individuals across the nation, including Medicaid and Medicare members (including Medicare Prescription Drug Plans) as well as individuals and families served by the Health Insurance Marketplace and the TRICARE program. The Company also contracts with other healthcare and commercial organizations to provide a variety of specialty services focused on treating the whole person. Centene focuses on long-term growth and value creation as well as the development of its people, systems and capabilities so that it can better serve its members, providers, local communities and government partners. Centene uses its investor relations website to publish important information about the Company, including information that may be deemed material to investors. Financial and other information about Centene is routinely posted and is accessible on Centene's investor relations website, http://investors.centene.com.

 

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SOURCE WellCare of North Carolina

FAQ

What is the significance of WellCare of North Carolina's NCQA Health Equity Accreditation?

The NCQA Health Equity Accreditation showcases WellCare's commitment to delivering high-quality, equitable healthcare and reducing health disparities among its members.

When did WellCare of North Carolina receive the NCQA Health Equity Accreditation?

WellCare of North Carolina received the NCQA Health Equity Accreditation in mid-2024, a year ahead of the mandated 2025 deadline.

How long is the NCQA Health Equity Accreditation valid for WellCare of North Carolina?

The NCQA Health Equity Accreditation is valid for three years.

What does the NCQA Health Equity Accreditation mean for Centene 's (NYSE: CNC) shareholders?

The accreditation can potentially enhance the reputation of Centene (NYSE: CNC), reflecting a strong commitment to health equity and potentially improving member satisfaction and retention.