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Centene completes purchase of WellCare

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Centene Corp. closed on its roughly $17 billion purchase of WellCare Health Plans late last week.

The combined company's health insurance plans will now have 24 million members in all U.S. states. That equates to 1 in 15 people living in the United States.

WellCare is now a wholly owned subsidiary of Centene. WellCare's shares ceased trading late last week.

Read more from the Tampa Bay Times.

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