WeliCare Health Insurance of Illinois, Inc.

Transcription

1 ANNUAL STATEMENT OF THE WeliCare Health nsurance f llinis, nc. \.) ~ OF Chicag N THE STATE OF llinis TO THE NSURANCE DEPARTMENT OFTHE STATE OF llinis FOR THE YEAR ENDED DECEMBER 31, 2007 HEALTH 2007

2 a a HEALTH ANNUAL STATEMENT FOR THE YEAR ENDNG DECEMBER 31, 2007 OF THE CONDTON AND AFFARS OF THE WellCare Health nsurance f llinis, nc. NAC Grup Cde 1199, 1199 NAC Cmpany Cde Emplyer's D Number (Current Perid) (Prir Perid) Organized under the Laws f llinis, State f Dmicile r Prt f Entry llinis Cuntry f Dmicile United States Licensed as business type: Life, Accident & Health [ X ] Prperty/Casualty [ ] Dental Service Crpratin [ ] Visin Service Crpratin [ ] Other [ ] Health Maintenance Organizatin [ ] Hspital, Medical & Dental Service r ndemnity [ ] s HMO, Federally Qualified? Yes [ ] N [ ] ncrprated/organized 03/27/1962 Cmmenced Business 08/31/1962 Statutry Hme Office 200 W. Adams Street, Suite 800, Chica, L (Street and Number) (City r Twn, State and Zip Cde) Main Administrative Office 8735 Hendersn Rad, Ren 2 (Street and Number) Tampa, FL (City r Twn, State and Zip Cde) (Area Cde) (Telephne Number) Mail Address P.O. Bx 31391, Tampa, FL (Street and Number r P.O. Bx) (City r Twn, State and Zip Cde) Primary Lcatin f Bks and Recrds 8735 Hendersn Rad, Ren 2 (Street and Number) Tampa, FL (City r Twn, State and Zip Cde) (Area Cde) (Telephne Number) nternet Website Address Statutry Statement Cntact Brian Keith Ollech (Name) (Area Cde) (Telephne Number) (Extensin) brian.llech@wellcare.cm ( Address) (FAX Number) OFFCERS Name Title Name Title Heath Glenn Schiesser #, President, CEO and Treasurer Karen Williams Mulre #, Secretarv, OTHER OFFCERS Tdd Suhayl Farha, Paul Luther Behrens, Thaddeus Matthew Sigmund Bereday, David Kelsey Smith, DRECTORS OR TRUSTEES Heath Glenn Schiesser # Keith Alan Kudla Karen Williams Mulre # Edwin Earl Brks Tina Rae Gallagher State f...flrida... Cunty f...hillsbrugh... ss The fficers f this reprting entity, being duly swrn, each depse and say that they are the described fficers f said reprting entity, and that n the reprting perid state d abve, all f the herein described assets were the abslute prperty f the said reprting entity, free and clear frm any liens r claims theren, except as herein stated, and th t this statement, tgether with related exhibits, schedules and explanatins therein cntained, annexed r referred t is a full and true statement f all the assets and liabilities ar d f the cnditin and affairs f the said reprting entity as f the reprting perid stated abve, and f its incme and deductins therefrm fr the perid ended, and have be n cmpleted in accrdance with the NAC Annual Statement nstructins and Accunting Practices and Prcedures manual except t the extent that: (1) state law may differ; r, ( ) that state rules r regulatins require differences in reprting nt related t accunting practices and prcedures, accrding t the best f their infrmatin, knwledge and beli f, respectively. Furthermre, the scpe f this attestatin by the described fficers als includes the related crrespnding electrnic filing with the NAC, when required, that is n exact cpy (except fr frmatting differences due t electrnic filing) f the enclsed statement. The electrnic filing may be requested by varius regulatrs in lieu f r in additic n t the enclsed statement. H~ kll< President, CEO and Treasurer W icg H#DDe794~g' " Karen V\7iitiaffis: Mulre Secretary NOTARY PUBUC-STATE ~FLORD~ a. s this an riginal filing? Yes [ X ] N [ SUb~~ and~t~~ rggw t S b. f n, 1. State the amendment number 2. Date filed ~""...,,$ Expires: JULy 13, /1 (}1»:: 3. Number f pages attached B Nl)b'P THUll AU ANTC BONDNG c me ', VV.' ', '.yr- # See ftntes fr further infrmatin regarding fficer and directr changes made subsequent t December 31,2007,

3 ANNUAL STATEMENT FOR THE YEAR 2007 OF THE WellCare Health nsurance f llinis, nc. ASSETS Current Year 2 3 Prir Year 4 Assets Nnadmitted Assets Net Admitted Assets Net Admitted (Cs. 1-2) Assets 1. Bnds (Schedule D).....2,053,724..2,053,724 L...2, 120, Stcks (Schedule D): ~:: ~~:;:~ :::~:: ::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::. :::::::::::::::::::::::::::::::::::~ ::::::::::::::::::::::::::::::::::::::.::::::::::::::::::::::::::::::::::~ t::::::::::::::::::::::::::::::::::~ 3. Mrtgage lans n real estate (Schedule B): ::: ~;~:~i~~:~.~~~;.;;~~~.::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::.:::::::::::::::::::::::::::::::::::::: :::::::::::::::::::::::::::::::::::::: :::::::::::::::::::::::::::::::::::~ t:::::::::::::::::::::::::::::::j 4. Real estate (Schedule A): 4.1 Prperties ccupied by the cmpany (less $ encumbrances) 0 r ~ 4.2 Prperties held fr the prductin f incme (less $ encumbrances) 0 t ~ 4.3 Prperties held fr sale (less $ encumbrances) 0 1 l.j 5. Cash ($.73,478,060, Schedule E, Part 1), cash equivalents ($ 0,Schedule E, Part 2) and shrt-term j investments ($ 0, Schedule DA).73,478,060 73,478, ,552,64 6. Cntract lans, (including $ premium ntes) 0 :=:::::;~:!:::::.;=,;:::::::_=:::...:::::.:..: :::: :: -:-: 10. Subttals, cash and invested assets (Lines 1 t 9).75,531, ,531, ,672, Title plants less $ charged ff (fr Title ~.. t t t ~ nsurers nly) 12. nvestment incme due and accrued + 10,974 10,974 84, Premiums and cnsideratins: 13.1 Uncllected premiums and agents' balances in the curse f cllectin ~ 5,215,673 ~ j 5,215,673 ~ lf 13.2 Deferred premiums, agents' balances and installments bked but deferred and nt yet due (including $ earned ~~~3u::~::~r;;;~s:~~;;~~ ~~~~;~~:::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::: ::::::::::::::::::::::::::::::::::::::: ::::::::::::::::::::::::::::::::::::::: :::::::::::::::::::::::::::::::::::~ r:::::::::::::::::::::::::::::::::l 14. Reinsurance: 15. i~~~~~:~i~;?~~~~:~~:_~;~:~~.:.._~~ :~.~~~~:~:.:~:~~~._::.. ~~~~~--~ =1 _~~~~:: Current federal and freign incme tax recverable and interest theren. 0.9,37 ~;2~,:=%=::;:~:P::~~;~=;,~_:_:_=:_..:.=.:_:.2.5:0.6~ :=.;~.:.:~.;'0 ~.::=~_=_1 19. Furniture and equipment, including health care delivery assets :: ::::::;:::~.:~~:;:::,~:,~::;;,;;;";;=~......:;;;~.. ;;.~;... ~:_:.:~ 22. Health care ($ 3,315 ) and ther amunts receivable 5,800,784 5,797,469 3, Aggregate write-ins fr ther than invested assets 10,289 10, Ttal assets excluding Separate Accunts, Segregated Accunts and Prtected Cell Accunts (Lines 10 t 23) 89,136, Frm Separate Accunts, Segregated Accunts and Prtected...5,864,063 L.. 83, 271,946 L.. 5, 766,361 Cell Accunts Ttal(Lines24and25) 89,136,009 5,864,063 83,271,946 5,766,3E DETALS OF WRTE-NS ~:~:: :::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::r::::::::::::::::::::::::::::::::::::l::::::::::::::::::::::::::::::::::::l::::::::::::::::::::::::::::::::::::l::::::::::::::::::::::::::::::: ~~::;~n~sr~;a~~~~:~~e;:;3f:;u~::::~~:n:v::~:v~~ge 1 ~ ~ t ~ t fa Olher nn admi led assels ,289 L.. 10, ~ t- -t- -t t t ~~::;~n~:r;;:~nt~~:;~e;~n;3f:;u~~:::) f~~~eo~;:~:v~~ge t ; : 28~ t ; ~: 28~.. ~.. l~ 2

4 ANNUAL STATEMENT FOR THE YEAR 2007 OF THE WellCare Health nsurance f llinis, nc. LABLTES, CAPTAL AND SURPLUS Current Year Cvered Uncvered Ttal Prir Year 4 Ttal 1. Claims unpaid (less $ 0 reinsurance ceded) 67,526, ,526, Accrued medical incentive pl and bnus amunts Unpaid claims adjustment expenses 322, , Aggregate health plicy reserves, Aggregate life plicy reserves Prperty/casualty uneamed premium reserves Aggregate health claim reserves Premiums received in advance General expenses due r accrued 531, , Current federal and freign incme tax payable and interest theren (including $ n realized capital gains (lsses».2,404,298.2,404, ,27 ~~2 ~~~~~~~l~:~::~":t:f~~:;:~:::=::::::~~ ~~-~~~~~;=;_: -::::::~;~~~~:; :;-;~~-:~:~j -~~-;~-:~1 14. Brrwed mney (including $ current) and interest theren $ (including $ """"""""""""""""" current) 1 0 t 1 ::: ;:::~sf:~:e:u~:~:n.t,..~.~.~~i~~~ri~~.~~~..~:.i~.t~~ :::::::::::::::::::::::::~~:.~.:.~.. ::::::::::::::::::::::::::::::::::::::: :::::::::::::::::::::::::~~.:.~.:~ ':::::::::::::::::::::::::~:':'~'~f 17. Funds held under reinsurance treaties with ($ :: ~~~~~~~:~~:~~~:;:;g:;~,~~;;:;:; ~-:::~:=~J56:~7 -~~~~:;:;;:;: ::::::;::~~=37i ::;~~:J authrized reinsurers and $ unauthrized 21. Aggregate write-ins fr ther liabilities (including $. current) f 22 Ttal liabilities (Lines 1 t 21).70,981, ,981, , Aggregate write-ins fr special surplus funds XXX XXX 0 f 24. Cmmn capital stck. XXX XXX.2,500,000 2,500,00 25 Preferred capital stck XXX XXX.... f 26. Grss paid in and cntributed surplus XXX xxx 10,548,516.3,048,51 ::: ~~:~:a~::~t:~;~~ ;~~ ~~~~~ ;~:~ ~~~:;:; ~:~~;:~ ;~ ~ ~~~..~.-- ~ ~ ~ ~..~.-- ~.~. :::::::::::::::::::::::::::::::.::::::::::::::::::::::::::::::: ::::::::::::::::::::::::::::::::::~.. ::::::::::::::::::::::::::::::::::f 29. Unassigned funds (surplus) XXX XXX {757,631) 91, Less treasury stck, at cst 30.1 shares cmmn (value included in Line 24 $...J XXX ~ XXX ~ 1- p 30.2 shares preferred (value included in Line 25 $...5,639,51 :; ~::: ::::~::::::":"~u~:,::;~::~:i;;:);;)...l....~: ~::l ::::::::::t... r 5,766.36' DETALS OF WRTE-NS ::::: ~~::~~n::r:~:~~~~:;~e;~:3f:~u~:~::)f~::eo~~:::v:~ge t ~ t ~ t ~t b ~~ ~";;~~f,~;,;";"g~,'~~f"l1"';~;~~~"'g.s::;:2:;;:;:;:::d-;:=:;} Ttals (Lines 2301 thruqh 2303 plus 2398) (Line 23 abve) XXX XXX 0 fa 2801 xxx t- xxx -1 1 ::::: ::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::: :::::::::::::::::::::::::::::1:::::::::::::::::::::::::::::: :::::::::::::::::::::::::::::::::::::: ::::::::::::::::::::::::::::::::: ::::: ~~::~~n:sr:;:~~~r~:;~:~n:3f:~u~::::) f~::eo~::::v;age t : t : t ~ t l~ 3

5 ANNUAL STATEMENT FOR THE YEAR 2007 OF THE WellCare Health nsurance f llinis, nc. STATEMENT OF REVENUE AND EXPENSES Current Year 1 2 Uncvered Ttal Prir Year 3 Ttal 1. Member Mnths L. XXX L. 219, 130 ~ lj 2. Net premium incme (including $ 0 nn-health premium incme) XXX 213,395, Change in unearned premium reserves and reserve fr rate credits XXX Fee-fr-service (net f $ medical expenses) XXX.. 5. Risk revenue XXX Aggregate write-ins fr ther health care related revenues XXX Aggregate write-ins fr ther nn-health revenues XXX Ttal revenues (Lines 2 t 7) XXX 213,395,691 Hspital and Medical: 9. Hspital/medical benefits.. ~;~~f~~~~~:li~~::~~;;~~==.=.:-~=~;~:~t:::.::~/==.:;:::::: j 167,756,177 t d ~~: ~::~::~:~:~::~~.:::~:::.:::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::: :::::::::::::::::::::::::::::::::::::: ::::::::::::::::::::~.~.:.~.:.~~~..r:::::::::::::::::::::::::::::::::q :=-:~7;:~t~:~~:::;:::~],270,288l Less: 17. Net reinsurance recveries + J- J-!J 18. Ttal hspital and medical (Lines 16 minus 17) d :~: ~1:~:Se::~u::::~t ~:;:~~: ~:..i~ ~;~~ i~ ~..;.. ::::::::::::::::::::; :~;~:.~~~ ~~~;.~~~;~;~~.~~;.~:~~~~:~::::::: ::::::::::::::::::::::::::::::::::::::.:::::::::::::::::::~.:~~~:.;~~.. ::::::::::::::::::::::::::::::::::q 21. General administrative expenses 29, 180, , ncrease in reserves fr life and accident and health cntracts (including $ increase in reserves fr life nly) ) ) 0 ~ ~ 23. Ttal underwriting deductins (Lines 18 thrugh 22) 0 211,784, , Net underwriting gain r (lss) (Lines 8 minus 23) XXX 1,611,490...(134,04$) 25. Net investment incme earned (Exhibit f Net nvestment ncme, Line 17) ,897, , Net realized capital gains (lsses) less capital gains tax f $ 27. Net investment gains (lsses) (Lines 25 plus 26) ,897,130 L. 304, Net gain r (lss) frm agents' r premium balances charged ff [(amunt recvered 29. :g~ ;~~~;;:;i~~~;~~ ;~;~~~~r(~n::~: :~:~~:dn::s~...:::.:.:::.:.:::.:.:.::::::::::::..:::..:..:.:~.:::::::::::::::::::::::::::::::::::.::::::::::::::::::::::::::::::::::~.. ::::::::::::::::::::::::::::::::::~l:::::::::::::::::::::::::::::::::l 30. Net incme r (lss) after capital gains tax and befre all ther federal incme taxes (Lines 24 plus 27 plus 28 plus 29) Federal and freign incme taxes incurred Nelincme (lss) (Lines 30 minus 31) XXX XXX XXX.4,508,620 2,005,164 2,503, , ,00 98,23 DETALS OF WRTE-NS l~l~ ~"~~~~~~;";~9~~,~~~'~"'6~~~~~g,~;~::;;:=;; :;~;;~[;;:;A Ttals (Lines 0601 thrugh 0603 plus 0698) (Line 6 abve) XXX 0 ~li ~"~~Of~~;"~:~;;"'~;~~~~~;O~~~,:;:;;;;;::::;;;;;;;- _;:;--=::_--=;-:~l;;:---::j Ttals (Lines 0701 thruh 0703 plus 0798) (Line 7 abve) XXX ~:::: ~~::~~n::r~:~nt~~:~e1-~~3f:~u~~:::) f;::eo~::~:v:;ge ~ ~ ~ ~ ~ ~ ::::: ~~::~~n::r;;:~~~~:;~e;~n:3f:~u~~:::) f;::eo~::~:v:~ge t ~ t ~t.. ~ 4

6 ANNUAL STATEMENT FOR THE YEAR 2007 OF THE WellCare Health nsurance f llinis, nc. STATEMENT OF REVENUE AND EXPENSES (cntinued) 1 2 Current Year Prir Year CAPTAL AND SURPLUS ACCOUNT: 33. Capital and surplus prir-reprting perid..._ _......_. 5,639,519..._....5,548, Net incme r (lss) frm Line _... _.._..._...._ ,503, , Change in valuatin basis f aggregate plicy and claim reserves Change in net unrealized capital gains (lsses) less capital gains tax f $ (1,10 ) 37. Change in net unrealized freign exchange capital gain r (lss) Change in net deferred incme tax ,510, Change in nnadmitted assets (5,863,803)...(26 ) 40. Change in unauthrized reinsurance Change in treasury stck Change in surplus ntes Cumulative effect f changes in accunting principles..._..._..._... _...._..._..._.. _._...._... _ Capital Changes: 44.1 Paid in..._..._.._..._.._.._... _._.._...._..._._._..._ Transferred frm surplus (Stck Dividend) _..._..._ Transferred t surplus..._......_..._.._..._...._..._ Surplus adjustments: 45.1 Paid in..._......_...._..._.._...._.._ ,500, Transferred t capital (Stck Dividend)..._... _...._...._..._...._..._ n 45.3 Transferred frm capital..._... _.._... _._.._..._.._... _._..._._..._... _...._..._...._...._ Dividends t stckhlders..._...._...._... _._......_..._..._ _..._.(12, 17 ) 47. Aggregate write-ins fr gains r (lsses) in surplus... _._._..._ _._ ,103..._...6, Net change in capital & surplus (Lines 34 t 47) _..._..._..._._..._...._......_...6,651,366..._...91,0(3 49. Capital and surplus end f reprtinq perid (Line 33 plus 48) 12,290,885 5,639,519 DETALS OF WRTE NS Prir per id ad j us tmen L......_... _._..._.._..._._.._..._..._ _._...1, , _ Summary f remaining write-ins fr Line 47 frm verflw page..._... _._._...._.._ _..._..._......_.._... _0..._ Ttals (Lines 4701 thruqh 4703 plus 4798) (Line 47 abve) 1,103 6,3 6 5

7 ANNUAL STATEMENT FOR THE YEAR 2007 OF THE WellCare Health nsurance f llinis, nc. CASH FLOW 1 Current Year T Date 2 Prir Year Ended December 31 Cash frm Operatins 1. Premiums cllected net freinsurance 208, 180, Net investment incme.2,987, , Miscellaneus incme Ttal (Lines 1 thrugh 3) 211,167, , Benefit and lss related payments 107,747, , Net transfers t Separate Accunts, Segregated Accunts and Prtected Cell Accunts Cmmissins, expenses paid and aggregate write-ins fr deductins 35,660, , Dividends paid t plicyhlders Federal and freign incme taxes paid (recvered) net f$ tax n capital gains (lsses)... 2, 177,374 67,590' 10. Ttal (Lines 5 thrugh 9) 145,584, ,815! 11. Net cash frm peratins (Line 4 minus Line 10) 65,582,803 (122,18 Cash frm nvestments 12. Prceeds frm investments sld, matured r repaid: 1~! ~~~~:2.J;:;;;;;;;;;;:;\ ;_; - ::-_=:_;-;;::_;_;_-;: '~':~E;:_:=~: ~ J 12.6 Net gains r (lsses) n cash, cash equivalents and shrt-term investments Miscellaneus prceeds Ttal investment prceeds (Lines 12.1 t 12.7) 1,600,000 ~ J..t 13. Cst finvestments acquired (lng-term nly): j!! ~2~~t2~1,,~:-_;-;:;;_;-_;--_-::;_-_;_;;; ;;-:;==_-;:=;; ;:;+5~]_;: ::_; Miscellaneus applicatins Ttal investments acquired (Lines 13.1 t 13.6) 1,550, Net increase (decrease) in cntract lans and premium ntes Net cash frm investments (Line 12.8 minus Line 13.7 minus Line 14) 49,070 Cash frm Financing and Miscellaneus Surces 16. Cash provided (applied): 16.1 Surplus ntes, capital ntes 0 lj 16.2 Capital and paid in surplus, less treasury stck...7,500,000 5,20 ~~:: ~~~J:ii:~~n~~::~~~~~%~~:~~~~~~~~~:~~~:~~~:~~:~~~~~~~~~~ ~~:~i~~~~~::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::: ::::::::::::::::::::::::::::::::::~.-.:::::::::::::::::::::::::i:~~:i:; Other cash prvided (applied)... 13,206,4621 2,551,44, 17. Net cash frm financing and miscellaneus surces (Line 16.1 t Line 16.4 minus Line 16.5 plus Line 16.6) 4,293,538 2,544,48 RECONCLATON OF CASH, CASH EQUVALENTS AND SHORT-TERM NVESTMENTS 18. Net change in cash, cash equivalents and shrt-term investments (Line 11, plus Lines 15 and 17) 69,925,411.2,430, Cash, cash equivalents and shrt-term investments: ~ ::~ ~~~i:~~ega~~~i~:r ; 8 ~i~~ Li~~ ; i.... 7~: ~~~:~:~ ~ ~: ~~~:~~, (8,94 8,34 6

8

9 STATEMENT AS OF ANNUAL STATEMENT FOR THE YEAR 2007 OF THE WellCare Health nsurance f llinis, nc. UNDERWRTNG AND NVESTMENT EXHBT PART 1 - PREMUMS Line f Business Direct Business Reinsurance Assumed Reinsurance Ceded Net Premium ncme rcls \ 1. Cmprehensive (hspital and medical) D 2. Supplement.. L. _ 1..._..._._ D 3. Dental Only _ L. _._._. 1.. _ _. _._ D 4. Visin Only _.._.... _._.. _._._.. _..... L. 1..._.. _._..._ _. D 5. Federal Emplyees Health Benefits Plan _.. _..._ _._._.._..._ L. _._ 1.. _. _ _D 6. Title XV -._._._.._.... _. _. _...._._.! _ 213,579,240 L _._ D L , 549 L ,395,691 ex> 7. Title XX - Medicaid _.._._... _. L _ 1.. _ 1.. _. D 8. Other health... _._._ _.... _. _._ L..._ 1... _ _ D 9. Health subttal (Lines 1 thrugh B).. _.._...._ ~ 213, 579,240 L.. _._.._._ D L.. 183,549 L.. 213, 395, Life _...._..._._..... _...L 1.. _.. _ _._.._._ D 11. Prperty/casually._. _.. _... L _.1.._.._...D 12. Ttals (Lines 9t 11) 213,579, , ,395,691

10 STATEMENT AS OF ANNUAL STATEMENT FOR THE YEAR 2007 OF THE WellCare Health nsurance f llinis, nc. UNDERWRTNG AND NVESTMENT EXHBT 2 PART 2 - Claims ncurred Durinq the Year Federal Emplyees Health Benefits Plan Cmprehensive Title (Hspital & Dental Visin XV Ttal Medical) Supplement Onlv Onlv 1. Payments during the year: 1.1 Direct 1 107,747, ~ ~ 107,747, Reinsurance assumed Title XX Medicaid 9 Other Health 10 Other Nn-Health ~:~ ~::~~~~~.:~~.~~~~~.:::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::: :::::::::::::j07j47j~ 1 0 ~ O ~ O ~ O ~ O ~ 107,747,301 l.. 0 L.. O Paid medical incentive pls and bnuses Claim liability December 31, current year frm Part 2A: 3.1 Direct fi7,526 ' fi7,526, l O <0 4. Claim reserve December 31, current year frm Part 2D: 4.1 DirecL 0, ~ ~ ~ ~ ~ ~ ~ Reinsurance assumed Reinsurance ceded NeL 0 ::::::::::::::::::::::::::::::::::~ t::::::::::::::::::::::::::::::::::~t::::::::::::::::::::::::::::::::::~t::::::::::::::::::::::::::::::::::~t::::::::::::::::::::::::::::::::::~t::::::::::::::::::::::::::::::::::~l::::::::::::::::::::::::::::::::::~ l::::::::::::::::::::::::::::::::::~[::::::::::::::::::::::::::::::::::0 5. Accrued medical incentive pls and bnuses, current year 0, ~ ~ ~ ~ ~ Net healthcare receivables (a) 3, ,315.._ Amunts recverable frm reinsurers December 31, current year 0 8. Claim liability December 31, prir year frm Part 2A: l; ~~~:~~~~t~d:;:~;;;~~~~-:;;-:-:j:~;::;;!;;:;;:!~:::11:::;~~;;:!...;;1 ~~;-:_;:;!:~ ;;;~:;=:J...J 9. Claim reserve December 31, prir year frm Part 2D: 9.1 Direct " 0 0 '.."" Reinsurance assumed Reinsurance ceded Net 10. Accrued medical incentive pls and bnuses, prir year Amunts recverable frm reinsurers December 31, priryear ncurred Benefits: 12.1 Direct 175,270, ,270, Reinsurance assumed Reinsurance ceded NeL ,270, ,270, ncurred medical incentive pls and bnuses (a) Excludes $ lans r advances t prviders nt yet expensed.

11 STATEMENT AS OF ANNUAL STATEMENT FOR THE YEAR 2007 OF THE WellCare Health nsurance f llinis, nc. Ttal UNDERWRTNG AND NVESTMENT EXHBT 2 Cmprehensive (Hspital & Medical) PART 2A - Claims Liability End f Current Year Supplement Dental Only Visin Only 6 Federal Emplyees Health Benefits Plan Premium 7 Title XV 8 Title XX Medicaid 9 Other Health 10 Other Nn-Health 1. Reprted in Prcess f Adjustment: 1.1. Direct L..?,339,625 L L L L L L..?,339, :::: :::~:~~:~: :::~;:~.:::::::::::::::::::::::::::::::::::::::::::::::::::::t::::::::::::::::::::::::::::::::::~ 1.4. Net L ,625/ [ 0 [ 0 [ ?339, L OL O 2. ncurred but Unreprted: 2.1. Direct L 60, 186,677 L. L. l. L L. L. 60, 186, :::: :::~:~:~:: :::~;:~.:::::::::::::::::::::::::::::::::::::::::::::::::::::t::::::::::::::::::::::::::::::::::~ 2.4. Net L / 0 L O1 0 [ L , L O Amunts Withheld frm Paid Claims and Capitatins: 3.1. Direct Reinsurance assumed Reinsurance ceded Net L 0 L OL O L O1 0 L O L OL O 4. TOTALS: 4.1. Direct , , ,526,302 :::: :::~:~~:~:: :::~;:~.:::::::::::::::::::::::::::::::::::::::::::::::::::::t::::::::::::::::::::::::::::::::::~ 4.4. Net 67,526, , 0, 0...0,

12 STATEMENT AS OF ANNUAL STATEMENT FOR THE YEAR 2007 OF THE WellCare Health nsurance f llinis, nc. Line f Business UNDERWRTNG AND NVESTMENT EXHBT PART 28 - ANALYSS OF CLAMS UNPAD - PROR YEAR - NET OF RENSURANCE Claim Reserve and Claim Liability Dec. 31 f Claims Paid During the Year Current Year On Claims ncurred On Claims Unpaid Prir t January 1 On Claims ncurred December 31 f On Claims ncurred f Current Year Durinq the Year Prir Year Durinq the Year 5 6 Claims ncurred in Prir Years (Clumns 1 + 3) Estimated Claim Reserve and Claim Liability December 31 f Prir Year F Cmprehensive (hspital and medical) 1 ~ ~ l. 1.. D l.. D Supplemenl Dl.. D Dental Only L. : D l.. D Visin Only D 1.. D 5. Federal Emplyees Health Benefits Plan Premiums L D. D Tille XV- L j. 107,743,986 L. t 67,526,302 l.. D l.. D Title XX - Medicaid L D... D Other health L D D Health subttal (Lines 1t 8) L D l 107, 743,986 L. D l 67,526,302 L D L. D Healthcare receivables (a) D 11. Other nn-health D 1.. D 12. Medical incentive pls and bnus amunts ! 1.. D 1.. D 13. Ttals (Lines ) 107,743,986 67,526,302 (a) Excludes $ ans r advances t prviders nt yet expensed.

13 STATEMENT AS OF ANNUAL STATEMENT FOR THE YEAR 2007 OF THE WellCare Health nsurance f llinis, nc. UNDERWRTNG AND NVESTMENT EXHBT PART 2C - DEVELOPMENT OF PAD AND NCURRED HEALTH CLAMS (000 Omitted) Sectin A - Paid Health Claims - Cumulative Net Amunts Paid Year in Which Lsses Were ncurred Prir =.= XXx XXx.... XXx. 0 0, XXX.... XXx.... XXx XXX XXX XXX XXX 107, N Sectin B - ncurred Health Claims - Sum fcumulative Net Amunt Paid and Claim Liability. Claim Reserve and Medical ncentive Pl and Bnuses Outstanding at End f Year Year in Which Lsses Were ncurred Prir , XXx XXx. XXx , XXx. XXx. XXx XXX XXX XXX XXX 175, Years in which Premiums were Earned and Claims were ncurred Premiums Earned Sectin C -ncurred Year Health Claims and Claims Adiustment Expense Rati Claim and Claim Claims Pavments ,744 Claim Adjustment Expense Pavments , ,011 Cl. (3/2) Percent 6.5 Adjustment Expense Payments Cl ,755 Cl. (5/1) Percent, Claims Unaid ,526 8 Unpaid Claims Adjustment Exenses Ttal Claims and Claims Adjustment Expense ncurred Cl , Cl. (9/1) Percent,

14 STATEMENT AS OF ANNUAL STATEMENT FOR THE YEAR 2007 OF THE WellCare Health nsurance f llinis, nc. UNDERWRTNG AND NVESTMENT EXHBT PART 2C - DEVELOPMENT OF PAD AND NCURRED HEALTH CLAMS (000 Omitted) Sectin A - Paid Health Claims - Grand Ttal Cumulative Net Amunts Paid Year in Which Lsses Were ncurred Prir XXx XXX.... XXx D XXx.... XXx.... XXx.... D XXX XXX XXX XXX D...D , N Sectin B -ncurred Health Claims - Grand Ttal Sum f Cumulative Net Amunt Paid and Claim Liability, Claim Reserve and Medical ncentive Pl and Bnuses Outstandin~ at End f Year Year in Which Lsses Were ncurred Prir D 0 D D D D XXx. 0 D D XXx.... XXx.... D D XXx. XXx. XXx. 0 ~~ ill ill ill ill D...D 175,270 Years in which Premiums were Earned and Claims were ncurred Premiums Earned D D D ,396 Sectin C -ncurred Year Health Claims and Claims Adiustment Expense Rati - Grand Ttal Claim and Claim Claims Pavrnents...D...D, ,744 Claim Adjustment Expense Pavments D 7,011 Cl. (3/2) Percent...D.O 6.5 Adjustment Expense Payments (Cl. 2+3)...0, D 114,755 Cl. (5/1) Percent 53.8 Claims Unpaid...D...D...D D 67,526 8 Unpaid Claims Adjustment Expenses D...D Ttal Claims and Claims Adjustment Expense ncurred (Cl )...D D 182, Cl. (9/1) Percent. 85.6

15 ANNUAL STATEMENT FOR THE YEAR 2007 OF THE WellCare Health nsurance f llinis, nc. UNDERWRTNG AND NVESTMENT EXHBT PART 2D - AGGREGATE RESERVE FOR ACCDENT AND HEALTH CONTRACTS ONLY CJ,) ::::~~::::~t=;=~_--_:::-_:-----_---_l:=::::::~ 4. Reserve fr rate credits r experience rating refunds (including $ fr investment incme). 0 DETALS OF WRTE-NS Ttal Cmprehensive (Hspital & Medical) Supplement DentalOnlv Visin Only Federal Emplyees Health Benefit Plan 5. Aggregate write-ins fr ther plicy reserves Ttals (Grss) Reinsurance ceded Present value f amunts nt yet due n claims.. 0 Reserve fr future cntingent benefits 0 Aggregate write-ins fr ther claim reserves 0 Ttals (Grss) 0 Reinsurance ceded 0 Ttals (Nell (Paqe 3, Line 7) 0 Title XV Title XX Medicaid ::::::::::::::::::::::::::::::::::.~ t:::::::::::::::::::::::::::::::::::~ t:::::::::::::::::::::::::::::::::::~ t:::::::::::::::::::::::::::::::::::~ t:::::::::::::::::::::::::::::::::::~ t:::::::::::::::::::::::::::::::::::~ t:::::::::::::::::::::::::::::::::::~ t:::::::::::::::::::::::::::::::::::~ ~~~::;(:;:::::~~h:~::~n::~~ ~il:: ~;~087 (~~:::::~~: t ~ t ~ t.... ~ t......~ ~ t.. ~ t ~ t....~ t ~ Other ~ Summary f remaining write-ins fr Line 11 frm verflw page

16 STATEMENT AS OF ANNUAL STATEMENT FOR THE YEAR 2007 OF THE WellCare Health nsurance f llinis, nc. UNDERWRTNG AND NVESTMENT EXHBT PART 3 - ANALYSS OF EXPENSES Claim Adjustment Expenses Cst 1 Other2 Claim Cntainment Adjustment Expenses Expenses General Administrative Expenses nvestment Expenses Ttal 1. Rent ($ 0 fr ccupancy f wn buildin g } + 57,779 t t t t ( 2. Salaries, wages and ther benefits L ,965.2,034, Cmmissins (less $ 0 ceded plus $ 0 assumed , , 1 4. Legal fees and expenses , , Certificatins and accreditatin fees Auditing. actuarial and ther cnsulting services , Traveling expenses Marketing and advertising Pstage, express and telephne , Printing and ffice supplies 120, ,654, , Occupancy. depreciatin and amrtizatin Equipment Cst r depreciatin f EDP equipment and sftware Outsurced services including EDP. claims, and ther services Bards. bureaus and assciatin fees , nsurance, except n real estate , Cllectin and bank service charges , Grup service and administratin fees Reimbursements by uninsured plans Reimbursements frm fiscal intermediaries Real estate expenses Real estate taxes Taxes, licenses and fees: 23.1 State and lcal insurance taxes l State premium taxes , ~ Regulatry authrity licenses and fees Payrll taxes Other (excluding federal incme and real estate taxes} , nvestment expenses nt included elsewhere Aggregate write-ins fr expenses Ttal expenses incurred (Lines 1 t 25}.. t t A 704, 143l l O tlal 3fi Less expenses unpaid December 31. current year 322, , d Add expenses unpaid December 31. prir year Amunts receivable relating t uninsured plans, prir year Amunts receivable relating t uninsured plans. current year Ttal expenses paid (Lines 26 minus 27 plus 28 minus 29 plus 30) , , 45 DETAL OF WRTE-NS Ot her - Misee aneus -l- t t ~ t 16, Summary f remaining write-ins fr Line 25 frm verfiw page + O~ O1 0 ~ O ~~..t;~ Ttals (Line 2501 thruqh 2503 plus 2598)(Line 25 abve) (a) ncludes management fees f $ ,716 t affiliates and $...0 t nn-affiliates

17 ANNUAL STATEMENT FOR THE YEAR 2007 OF THE WellCare Health nsurance f llinis, nc EXHBT OF NET NVESTMENT NCOME 1 Cllected Durin Year U.S. Gvernrnent bnds (a) Bnds exernpt frrn U.S. tax (a). Other bnds (unaffiliated) (a). Bnds f affiliates (a). Preferred stcks (unaffiliated) (b). Preferred stcks f affiliates (b) Crnmn stcks (unaffiliated). 0 Cmmn stcks f affiliates. 0 Mrtgage lans (e). Real estate (d) Cntractlans..... Cash. cash equivalents and shrt-term investments (e) Derivative instruments () Earned Durin Year...B Other invested assets.. Aggregate write-ins fr investment incrne Ttal rss investment incme nvestment expenses (9) '. nvestment taxes. licenses and fees. excluding federal incme taxes (9) nterest expense (h) Depreciatin n real estate and ther invested assets (i). Aggregate write-ins fr deductins frm investment incme 0 Ttal (Lines 11 thrugh 15). Net nvestment ncme - (Line 10 minus Line 16) ( DETALS OF WRTE-NS Summary f remaining write-ins fr Line 9 frm verflw page. Ttals (Lines 0901 thrugh 0903) plus 0998 (Line 9. abve). 0 ( Summary f remaining write-ins fr Line 15 frm verflw page 1 Ttal (Lines 1501 thruh 1503 plus 1598) (Line 15. abve) ( (a) ncludes $ accrual fdiscunt less $ amrtizatin f premium and less $ 0 paid fr accrued interest n purchases. (b) ncludes $ accrual f discunt less $ amrtizatin f premium and less $ 0 paid fr accrued dividends n purchases. (c) ncludes $ 0 accrual f discunt less $ 0 amrtizatin f premium and less $ paid fr accrued interest n purchases. (d) ncludes $.fr cmpany's ccupancy f its wn buildings; and excludes $ interest n encumbrances. (e) ncludes $ accrual f discunt less $ amrtizatin f premium and less $ paid fr accrued interest n purchases. (f) ncludes $ accrual f discunt less $ amrtizatin f premium. (g) ncludes $.investment expenses and $ investment taxes. licenses and fees. excluding federal incme taxes. attributable t segregated and Separate Accunts. (h) ncludes $.interest n surplus ntes and $ interest n capital ntes. () ncludes $ depreciatin n real estate and $ depreciatin n ther invested assets EXHBT OF CAPTAL GANS (LOSSES) 1 Realized Gain (Lss) On Sales r Maturity 2 Other Realized Adiustments ~~~~~;~:;_~;~;;-;_/;;:;- =H~~~~;N! Ttal Realized Capital Gain (Lss) Change in Unrealized (Clumns 1 + 2) Capital Gain (Lss) Change in Unrealize Freign Exchange Capital Gain (Lss ~:~:=~;;:~;~;r:==:~::j...0, Cmmn stcks f affiliates Mrtgage lans. 0. Real estate 0 0. Cntract lans 0. Cash. cash equivalents and shrt-term investments 0. Derivative instruments 0. Other invested assets 0. Aggregate write-ins fr capital gains (lsses) Ttal capital ains (lsses) DETALS OF WRTE-NS Summary f remaining write-ins fr Line 9 frm verflw page [ [ 0 ~ O ~ t' Ttals (Lines 0901 thrugh 0903 plus 0998) (Line 9. abve) 0 b 15

18 ANNUAL STATEMENT FOR THE YEAR 2007 OF THE WellCare Health nsurance f llinis, nc. EXHBT OF NONADMTTED ASSETS Current Year Ttal Prir Year Nnadmitted Assets Nnadmitted Assets 2 3 Change in Ttal Nnadmitted Assets (Cl. 2 - Cl. 1) 1. Bnds (Schedule D) Stcks (Schedule D): 2.1 Preferred stcks Cmmn stcks Mrtgage lans n real estate (Schedule B): 3.1 First liens Other than first liens 0.0. ::::: ::::::?d~~'~=;=~-:~--:-:-:--:-:-:-:::::1::::::h::::~ 4. Real estate (Schedule A): 5. Cash, (Schedule-E, Part 1), cash equivalents (Schedule-E, Part 2) and shrt-term investments (Schedule DA).0 _ Cntract lans _ Other invested assets (Schedule BA).0 _ Receivables fr securities _ Aggregate write-ins fr invested assets "'.'."'.'.'_'"'' O. Subttals, cash and invested assets (Lines 1 t 9) Title plants (fr Title insurers nly) nvestment incme due and accrued Premiums and cnsideratins: 13.1 Uncllected premiums and agents' balances in the curse f cllectin _._ _..0 1_ _..0 1 _ Deferred premiums, agents' balances and installments bked but deferred ~~: ~~:r~~~u:;~~.~.~~~;;~.~.~~~~-;~-~::- - :: ::.-..: -:.-..:..::_.:::: ::::::..: -:::::..:..:. :::::::::.. :. :. ::::_ :::.. :::1::::::::::::::::::::::::::::::::::::::::::::::~ ~:::::::::::::::::::::::::::::::::::::::::::::~ t::::::::::::::::::::::::::::::::::::::::::::~ 14. Reinsurance: 14.1 Amunts recverable frm reinsurers _ Funds held by r depsited with reinsured cmpanies Other amunts receivable under reinsurance cntracts.0 _ Amunts receivable relating t uninsured plans Current federal and freign incme tax recverable and interest theren Net deferred tax assel (4 7) 17. Guaranty funds receivable r n depsit.0 _ Electrnic data prcessing equipment and sftware _._ 0 _._ Furniture and equipment, including health care deiivery assets _... _....0._.0 _ Net adjustment in assets and liabilities due t freign exchange rates.... _....._ 0 _ Receivables frm parent, subsidiaries and affiliates 55, (55,c 8) 22. Health care and ther amunts receivable 5,797,469 _.0 (5,797, 9) 23. Aggregate write-ins fr ther than invested assets 10, (10,( 9) 24. Ttal assets excluding Separate Accunts, Segregated Accunts and Prtected Cell Accunts (Lines 10 t 23) 5,864, (5,863, cp3) 25. Frm Separate Accunts, Segregated Accunts and Prtected Cell Accunts Ttal (Lines 24 and 25) 5,864, (5,863,cP3 DETALS OF WRTE NS ~:~:: ::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::l::::::::::::::::::::::::::::::::::::::::::::::l:::::::::::::::::::::::::::::::::::::::::::::l:::::::::::::::::::::::::::::::::::::::: ~~::~~n~sr~;oa~nt~~:;~e~~n;3f:~u~~:::~~l::vge~:;;age -, ~ ~ ~ t.. y~ Other rece i vab e5 _ ,289 L 260 L (10, Q29) ::~:: :::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::t::::::::::::::::::::::::::::::::::::::::::::::::j:::::::::::::::::::::::::::::::::::::::::::::::::t::::::::::::::::::::::::::::::::::::::::l ~~t::~~n::r;;;i~~r~:;~:~nos3f:~u~::::);~~: ::e:b::;age t ~ : ;~~.. ;~~ t.. (~ :J;~

19 ANNUAL STATEMENT FOR THE YEAR 2007 OF THE WellCare Health nsurance f llinis, nc. EXHBT 1 - ENROLLMENT BY PRODUCT TYPE FOR HEALTH BUSNESS ONLY Surce f Enrllment 1 Prir Year 1. Health Maintenance Organizatins. D 2. Prvider Service Organizatins D 3. Preferred Prvider Organizatins D 4. Pint f Service L D Ttal Members at End f First Quarter Secnd Quarter Third Quarter 5 Current Year 6 Current Year Member Mnths 5. ndemnity Only l D 6. AOQreate write-ins fr ther lines f business 7. Ttal 14,522 14,522 21,359 21,359 21,016 21,016 20,093 20, , , DETALS OF WRTE-NS Private Fee fr Service L D L 14,522l....21,359 L.21,016 L.20,093 L.219, Summary f remaining write-ins fr Line 6 frm verflw page L D L D L D L D L D L D Ttals (Lines 0601 thruh 0603 plus 0698) (Line 6 abve) 14,522 21,359 21,016 20, ,130

20 ANNUAL STATEMENT FOR THE YEAR 2007 OF THE WellCare Health nsurance f llinis, nc. EXHBT 2 - ACCDENT AND HEALTH PREMUMS DUE AND UNPAD Name f Debtr 1-30 Days Days Davs Over 90 Davs Nnadmitted Admitted Ttal individuals. Grup subscribers:... (Xl iffi~~~~~~~~~~~~~~~~~~~~~~~~~~~ Premiums due and unpaid frm Medicaid entities Accident and health premiums due and unpald(page2,lfne 13) 1 3,150, , ,9371 1,223, ,215,673

21 ANNUAL STATEMENT FOR THE YEAR 2007 OF THE WellCare Health nsurance f llinis, nc. 1 Name f Debtr 'ndividuallv Listed Receivables: ~Aqqreqatef amunts nl individual v isled a60ve Ttals Pharmaceut ical rebate receivables EXHBT 3 - HEALTH CARE RECEVABLES Davs Davs Davs 5 Over 90 Davs 6 Nnadmitted 7 Admitted :::::..:..1,703[..[.:: 240 L 240 L.3, ,61n:.:::..::.:::.:..1,703[. C.::.:.: 240 L 240 L..3, < Grss health care receivables 1,612 1, ,315

22 ANNUAL STATEMENT FOR THE YEAR 2007 OF THE WellCare Health nsurance f llinis, nc. EXHBT 4 - CLAMS UNPAD AND NCENTVE POOL, WTHHOLD AND BONUS (Reprted and Unreprted) AQinQ Analvsis f Unpaid Claims Accunt 1-30 Davs Davs Davs Davs Over 120 Davs Ttal Claims Unpaid (Reprted) N individual balance greater than 100/...L D N ndividually listed claims unpaid D D D D D D Aggregate accunts nt individually listed-uncvered Areate accunts nt individuallv listed-cvered 7,339,625. D 7,339, Subttals 7,339, ,339, Unreprted claims and ther claim reserves 60,186, Ttal amunts withheld Ttal claims unpaid Accrued medical incentive pl and bnus amunts 67,526,302

23 ANNUAL STATEMENT FOR THE YEAR 2007 OF THE WellCare Health nsurance f llinis, nc. EXHBT 5 - AMOUNTS DUE FROM PARENT, SUBSDARES AND AFFLATES Admitted Name f Affiliate 1-30 Davs Davs Davs Over 90 Davs Nnadmitted 7 Current ndividually Listed Receivables: ~~~~~:~~n~ ~~~c~t~i1~n Mf~;~;:~~~: :~~ ::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::t::::::::::::::::::::::::::::::j~:~~~ t:::::::::::::::::::::::::::::::::::::::::::::t::::::::::::::::::::::::::::::::::::::::::::::1::::::::::::::::: :::::::::::::::::::::::::::::t:::::::::::::::::::::::: :::::::::~~:~~~ L::::::::::::::::::::::::::::::::::::::::g 8 Nn-Current Ṇ ndividually listed receivables J ~ D ~ DL D L L D L D Receivables nt individuallv listed Ttal grss amunts receivable

24 ANNUAL STATEMENT FOR THE YEAR 2007 OF THE WellCare Health nsurance f llinis, nc. EXHBT 6 - AMOUNTS DUE TO PARENT, SUBSDARES AND AFFLATES Affiliate Descriptin Amunt ~~::~:~:.~~a~: ~r:~~~ r~~~~: ~ i Neii..y~r(..i:::::::::::::::::::::::::::=:::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::~n: :::: ~::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::: L::::::::::::::::::::::::~ :~~1 4 5 Current Nn-Current ::::::::::::::::::::::::::~ :~~~ L:::::::::::::::::::::::::::::::~ g~~~~~~ ~~~~~~~~~~s~~i~~~:~~e~~t~d"""""""""""'" 1.40 '~~~ F.40, ~~~ D Ttalgrsspayables 1 40, ,412' 0 N N

25 ANNUAL STATEMENT FOR THE YEAR 2007 OF THE WellCare Health nsurance f llinis; nc. EXHBT 8 - FURNTURE, EQUPMENT AND SUPPLES OWNED Descriptin mprvements Accumulated Depreciatin Bk Value Less Encumbrances Assets Nt Admitted Net Admitted Assets 1. Administrative furniture and equipment.. 2. Medical furniture, equipment and fixtures ~ ~ ~. 3. Pharmaceuticals and surgical supplies ~ ~ ~. 4. Durable medical equipment ~ ~ ~ ~ ~.. 5. Other 6. Ttal N ~

26 ANNUAL STATEMENT FOR THE YEAR 2007 OF THE WellCare Health nsurance f llinis, nc. NOTES TO FNANCAL STATEMENTS 1. Summary f Significant Accunting Plicies la. Accunting Practices The fmancial statements f WellCare Health nsurance f llinis, nc. (the "Cmpany"), dmiciled in tq.e state f llinis, are presented n the basis f accunting practices prescribed r permitted by the llin[s Department fnsurance. The llinis Department f nsurance recgnizes nly statutry accunting practices prescribed r permittdd by the state f llinis fr determining and reprting the financial cnditin and results f peratins f insurance cmpany fr determining its slvency under llinis insurance law. The Natinal Assciatin if nsurance Cmmissiners' (''NArC'') Accunting Practices and Prcedures manual, (NArC SAP) has be n adpted as a cmpnent f prescribed r permitted practices by the state f llinis. The state has adpt d certain prescribed accunting practices that differ frm thse fund in NArC SAP. These mdificatins h d n affect n statutry surplus. B. Uses festimates inthe Preparatin fthe Financial Statements. The preparatin f fmancial statements in accrdance with statutry accunting principles requir s management t make estimates and assumptins that affect the reprted amunts f assets and liabilities. t als requires disclsures f cntingent assets and liabilities at the date f the financial statements and t e reprted amunts f revenues and expenses during the reprting perid. The primary use f estimates e related t the Cmpany's reserve fr claims unpaid. Actual results culd differ significantly frm th e estimates. 1C. Accunting Plicy Premiums frm subscribers are recgnized in the mnth that the members are entitled t health care servic~e. Premiums paid by subscribers in advance are recrded n the balance sheet as premiums received in adv e and are subsequently credited t incme as earned during the cverage perid. Expenses incurred in cnnectin with acquiring new insurance business are charged t peratins as incurred. All ther csts e charged t peratins as incurred. 1. Shrt Term nvestments - Nne 2. Bnds nt backed by ther lans are stated at amrtized cst using a straight line methd famrtizatin (accretin) fdiscunts r premiums. 3. Cmmn Stcks - Nne 4. Preferred Stcks - Nne 5. Mrtgage Lans - Nne 6. Lan Backed Securities Nne 7. nvestments in Subsidiaries, Cntrlled and Affiliated Cmpanies - Nne 8. nvestments in Jint Ventures, Partnerships and Limited Liability Cmpanies - Nne 9. Derivatives Nne 10. t is the Cmpany's plicy t evaluate all cntracts and recgnize lsses n cntracts when estima ed future healthcare csts and maintenance csts under a grup f existing cntracts will exceed anticipa ed future premiums, investment incme and stp-lss insurance recveries. Such liabilities are based u n assumptins and estimates, and these methds fr establishing a liability, if any, are cntinually reviewed by management. Adjustments are recrded in the perid such liabilities are determined t exist. The Cmp y recrded n premium deficiency reserves in Claims unpaid represents management's best estimate fthe ultimate net cst f all unpaid reprted d unreprted claims incurred thrugh December 31 st. The reserve fr claims unpaid is estimated us ng individual case-basis valuatins and statistical analyses. These estimates are subject t the effects ftrend in lss severity and frequency. Althugh cnsiderable variability is inherent in such estimates, managem nt believes the reserve fr claims unpaid is adequate. These estimates are cntinually reviewed and adjuste as experience develps r new infrmatin becmes knwn; such adjustments are included in curr nt peratins. 12. The Cmpany has nt mdified it's capitalizatin plicy frm the prir perid. 13. Pharmacy rebates are recrded n an accrual basis and are estimated based n invices that have b~en prepared using actual prescriptins filled. 25

27 ANNUAL STATEMENT FOR THE YEAR 2007 OF THE WellCare Health nsurance f llinis, nc. NOTES TO FNANCAL STATEMENTS 2. Accunting Changes and Crrectin ferrrs Nne 3. Business Cmbinatins and Gdwill Nne 4. Discntinued Operatins Nne 5. nvestments Nne 6. Jint Ventures, Partnerships and Limited Liability Cmpanies Nne 7. nvestment ncme A. All investment incme due and accrued with amunts that are ver 90 days past due is cnsidered nnadmitted. B. At December 31, 2007 and 2006 there was n nn-admitted accrued interest incme 8. Derivative nstruments Nne 9. ncme Taxes 9A. The cmpnents fthe net deferred tax asset at December 31 are as fllws: Change Deferred tax asset: Lss reserves and lss adjustment expense $ 457,795 $ - $ 457,795 Due frm affiliates 19,564-19,564 Other 2,033,247-2,033,247 Grss deferred tax assets 2,510, ,510,606 Deferred tax assets nn-admitted (407) (407) Ttal deferred tax asset 2,510, $ 2,510,199 9B. Nne 9C andd. The Cmpany's prvisin fr federal incme taxes incurred fr the year ended December 31, 2007 differs frm the amunt btained by applying the federal statutry rate f35% t net incme befre federal incm : taxes. The significant items causing this difference are as fllws: 2007 Prvisin cmputed at statutry rate $ 1,578,018 Change in nn-tax nn-admitted assets (2,052,279) Nn-deductable expense 2,258 (33,439) Other - Ttal 1$ (505,442) The cmpnents fcurrent incme tax expense and the net change in deferred taxes fr the year ended December 31, 2007 are as fllws: 25.1

28 ANNUAL STATEMENT FOR THE YEAR 2007 OF THE WellCare Health nsurance f llinis, nc. NOTES TO FNANCAL STATEMENTS Current incme tax expense $ 2,005,164 $ 72,009 Net change in deferred taxes (2,510,606) - Federal incme taxes incurred $ (505,442)1 $ 72,009 9E 1. At December 31, 2007, the Cmpany had n federal perating lss carryfrwards. 2. The fllwing are incme taxes incurred in the current and prir years that will be available fr recupment in the event ffuture net lsses: 12/31/2007 (current year) $1,922,112 12/31/2006 (frst prir year) $ 39,446 9F. The Cmpany and its affiliated entities (as listed n Schedule Y, Part 1) are included in the cnslidated federal incme tax return fwellcare Health Plans, nc. ("WHP"). The methd ffederal tax allcatin between WHP and its affiliated cmpanies is subject t a written tax allcatin agreement. Allcatins are based upn separate cmpany tax cmputatins with current year credit given fr lsses and credits used in the cnslidated returns. At December 31, 2007 there was $2,404,298 due frm WHP fr current federal incme taxes. The amunt recvered under the federal tax allcatin agreement was $333,234 fr the year ended December 31, nfrmatin Cncerning Parent, Subsidiaries, and Mfiliates 10 A.B. and C. The Cmpany received capital cntributins ttaling $7,500,000 during the year ended December 31, 2007 frm its Parent Cmpany, The WellCare Management Grup, nc. The Cmpany has an affiliated management agreement with Cmprehensive Health Management.LL., ("CHM") t prvide certain management, administrative services and claims prcessing services. Duri g September 2006, the Cmpany executed a five-year management agreement with CHM t perfrm cla' s prcessing services, utilizatin review, payrll services and the majrity fthe administrative functins f e Cmpany, excluding certain sales and marketing functins and ther prfessinal cnsulting expens s. CHM is respnsible fr all f the administrative emplyees' payrll and business expenses. Additinal y, CHM is respnsible fr maintaining the claims related data prcessing equipment and sftware. The management agreement prvides fr charges f 9.5% t 11% f grss premium revenue e depending n the Cmpany's membership. Based n the current membership level f the Cmp y, management fees charged fr the year ended December 31, 2007 were 11% f grss premiums earn d. Management believes this established range t be an apprximatin f current market rates; hwe er, adjustments t these rates may be necessary as changes in regulatins, scpes f services and mar et dynamics ccur r as a result f the nvestigatins and the Special Cmmittee's investigatin described in Nte 14E. t is unknwn at this time if any changes in the management fee rates wuld have a mate ial impact n the Cmpany's financial cnditin, results f peratins and cash flws in past, current and fu e perids reprted. During 2007 the Cmpany incurred $23,493,716 fr services under the management agreement with CHM[. Fr the year ended December 31, 2006, n management fees were incurred by the Cmpany under the agreement. At December 31, 2007 the Cmpany wed CHM $5,520 related t the management fee agreement. n additin t the management services agreement, CHM als prcesses and pays: salary related expenses related t the Cmpany's sales and marketing persnnel, trade payables and ther direct expenses incurred the Cmpany. The Cmpany reimburses CHM fr these expenses prcessed and paid n the Cmpany's behalf. Amunts due frm CHM related t these transactins were $35,215 as fdecember 31, 2007 an±e cmbined with the liability due t CHM related t the management fee agreement. Any balances resultin in a net amunt due frm CHM are nn-admitted in accrdance with statutry accunting principles. Am ts due t (frm) CHM are nrmally settled within 30 days 25.2

29 ANNUAL STATEMENT FOR THE YEAR 2007 OF THE WellCare Health nsurance f llinis, nc. NOTES TO FNANCAL STATEMENTS 10D. At December 31, 2007, the Cmpany nn-admitted a $55,898 receivable frm parent, subsidiaries arid affiliates and reprted a $40,412 payable t parent, subsidiaries and affiliates 10 E. Nne. 10F. See Nte loa, B, and C abve. log. All utstanding shares fthe Cmpany are wned by the Parent Cmpany, The WellCare Management Grup, nc. which is wned by WCG Health Management, nc. which is in turned wned by WellCare Healt Plans, ;nc., an insurance hlding cmpany dmiciled in the State fdelaware. The Cmpany was sld t WellCare Health Plans nc. by Old Republic nternatinal Crp. in July Th Cmpany changed its name frm Hme Owners Life nsurance Cmpany t WellCare Health nsurance f llinis nc. in September H.. J. and K. Nne. 11. Debt Nne. 12. Retirement Plans, Deferred Cmpensatin, Etc. Nne. 13. Capital and Surplus, Sharehlder' Dividend Restrictins and Quasi- Rerganizatins. 1. The Cmpany has 2,500,000 shares f$1 par value cmmn stck issued and utstanding. 2. Nne 3. Withut prir apprval fits dmicilary cmmissiner r insurance, dividends t sharehlder are limite by the laws fthe Cmpany's state fincrpratin, llinis. 4. Within the limitatins f(3) abve, there are n restrictins placed n the prtin fcmpany prfits that may be paid as rdinary dividends t stckhlder. 5. llinis Statutes require that each llinis Health entity maintain a minimum surplus equal t the greater df the Cmpany Actin Level Risk Based Capital ("RBC") Calculatin r $1,500,000. At December 31,2007, the Cmpany's required minimum capital and surplus was $16,800,786 and the ttal actual capital and surplus was $12,290,885. Subsequent t year-end, the Parent Cmpany made a capital cntributin f $4,750,000 t ensure cmpliance with the minimum capital and surplus requirement applicable t the Cmpany. 6. Nne 7. Nne 8. Nne 9. The prtin funassigned funds (surplus) reduced by nn-admitted assets was $5,864,062. There are n cumulative unrealized gains r lsses included in unassigned funds (surplus). 10. Nne 11. Nne 12. Nne 14. Cntingencies A. Nne B. Nne C. Nne D. The Cmpany's prfitability depends in large part n accurately predicting and effectively manal1g medical expenses. The liability fr claims unpaid is impacted by varius factrs, including changes in healthcare utilizatin practices, medical cst inflatin and new medical technlgies, which culd adver ly affect the Cmpany's ability t accurately predict and effectively cntrl healthcare csts. Csts in exces f thse anticipated culd have a material adverse effect n the Cmpany's results fperatins. Claims unpaid represents management's best estimate fthe ultimate net cst fall unpaid reprted and 25.3

30 ANNUAL STATEMENT FOR THE YEAR 2007 OF THE WellCare Health nsurance f llinis, nc. NOTES TO FNANCAL STATEMENTS unreprted claims incurred thrugh December 31. The reserve fr claims unpaid is estimated using individual case-basis valuatins and statistical analysis. These estimates are subject t the effects ftrends in lss severity and frequency. Althugh cnsiderable variability is inherent in such estimates, management believe the reserve fr claims unpaid is adequate. These estimates are cntinually reviewed and adjusted as experience develps r new infrmatin becmes knwn; such adjustments are included in current peratins. The Cmpany is subject t substantial federal and state gvernment regulatins, including licensing and th requirements relating t the ffering fthe Cmpany's existing prducts in new markets and fferings fne prducts, bth fwhich may restrict the Cmpany's ability t expand its business. The Cmpany's revenues were 100% fttal revenues. The Cmpany expects that its cntract, which expires n December 31, 2008 will be renewed. The Cmpany's perating results culd be significantly cnstrained in the event that the cmpensatin prvided under its cntracts is adjuste r ifthe cntracts are nt renewed. E. On Octber 24,2007, certain federal and state agencies executed a search warrant at the headquarters f WellCare Health Plans, nc. ("WellCare") in Tampa, Flrida. WellCare is the ultimate crprate parent ft.lb.e Cmpany. The investigatin, we understand, is being cnducted by the U.S. Department f Justice, the U.S. Federal Bureau fnvestigatin, the U.S. Department fhealth and Human Services Office fnspectr General and the Flrida Attrney General's Medicaid Fraud Cntrl Unit.. n additin, WellCare is respnding t requests fr infrmatin frm the Securities and Exchange Cmmissin. WellCare is als respnding t subpenas issued by the State fcnnecticut Attrney General's Office invlving transactin between the Cmpany and its affiliated cmpanies and their ptential impact n the csts fcnnecticut's Medicaid prgram. All fthe freging inquiries and investigatins are referred t herein as the "nvestigatins". WellCare is cperating with the gvernment agencies in cnnectin with the nvestigatins. T date, neither WellCare, nr any fits subsidiaries, including the Cmpany, has been advised by these federal and state agencies as t the full scpe fthe nvestigatins, and neither WellCare n<br any fits subsidiaries, including the Cmpany, knws whether r the extent t which such nvestigatins might lead t fines, penalties, perating restrictins r impacts n the histrical fmancial statements fthe Cmpany r any fits subsidiaries. Hwever, the U.S. Department fjustice said in a press release dated Octber 24,2007, that "The nging investigatin des nt directly cncern, nr shuld it have any impact upn, the delivery fany health care service t any persn." A Special Cmmittee fthe Bard fdirectrs fwellcare is cnducting an independent investigatin int, matters raised as partfthe nging nvestigatins as well as ther gvernmental r private party prceedinl:!s that may cmmence. The Special Cmmittee's investigatin includes, amng ther matters, an inquiry int intercmpany transactins. WellCare and the Cmpany are unable t predict when the Special Cmmittee will cmplete its wrk. At this time, it is uncertain whether the utcme fthe nvestigatins r the Special Cmmittee's investigatin will result in a material impact n the Cmpany's financial statements as fdecember 31, 20Q7, Putative class actin cmplaints were filed n Octber 26,2007 and n Nvember 2,2007. These putative class actins, entitled Eastwd Enterprises, L.L.C. v. Farha, et al. and Huttn v. Wellcare Health Plans, n~ et al., respectively, were filed in the United States District Curt fr the Middle District fflrida against t e Cmpany, Tdd Farha, WellCare's frmer chairman and chiefexecutive fficer, and Paul Behrens, WellCare's frmer senir vice president and chieffinancial fficer. Messrs. Farha and Behrens were als fficers fvarius subsidiaries fwellcare. The Eastwd Enterprises cmplaint alleges that the defend materially misstated WellCare's reprted fmancial cnditin by, amng ther things, purprtedly verstati revenue and understating expenses in amunts unspecified in the pleading in vilatin fthe Securities Exchange Act f 1934, as amended. The Huttn cmplaint alleges that varius public statements suppsed~y issued by defendants were materially misleading because they failed t disclse that WellCare was purprtedly perating its business in a ptentially illegal and imprper manner in vilatin fapplicable federal guidelines and regulatins. The cmplaint asserts claims under the Securities Exchange Act f 19~3" as amended. Bth cmplaints seek, amng ther things, certificatin as a class actin and damages. The 0 actins have been cnslidated, and varius parties and law firms have filed mtins seeking t be designa ed as Lead Plaintiff and Lead Cunsel. Fllwing the appintment by the Curt fa Lead Plaintiff, that party will file a Cnslidated Amended Cmplaint, which will becme the perative pleading in the case. WellCare intends t vigrusly defend itselfagainst these claims. At this time, neither WellCare nr the Cmpany can predict the prbable utcme fthese claims. 25.4

31 ANNUAL STATEMENT FOR THE YEAR 2007 OF THE WellCare Health nsurance f llinis, nc. NOTES TO FNANCAL STATEMENTS Five putative sharehlder derivative actins were filed between Octber 29,2007 and Nvember 15,2007. The first tw fthese putative sharehlder derivative actins, entitled Rsky v. Farha, et a. and Rney v. Farha, et al., respectively, are suppsedly brught n behalffwellcare and were filed in the United States District Curt fr the Middle District fflrida. Tw additinal actins, entitled ntermuntain rnwrkers Trust Fund v. Farha, et a., and Myra Kahn Trust v. Farha. et a., were filed in Circuit Curt fr Hillsbrug Cunty, Flrida. All fur fthese actins are asserted against all WellCare directrs (and frmer directr Tdd Farha) except fr D. Rbert Graham, Heath Schiesser and Charles G. Berg and als name WellCare asia nminal defendant. A fifth actin, entitled rvin v. Behrens, et al., was filed in the United States District Curt fr the Middle DistrictfFlrida and asserts claims against all WellCare directrs (and frmer direct Tdd Farha) except Heath Schiesser and Charles G. Berg and against tw frmer WellCare fficers, Paul Behrens and Thaddeus Bereday. All five actins cntend, amng ther things, that the defendants allegedly allwed r caused WellCare t misrepresent its reprted financial results, in amunts unspecified in the pleadings, and seek damages and equitable relieffr, amng ther things, the defendants' suppsed breach 0 fiduciary duty, waste and unjust enrichment. The three actins in federal curt have been cnslidated. Subsequent t that cnslidatin, an additinal derivative cmplaint entitled City fphiladelphia Bard f Pensins and Retirement Fund v. Farha. et a. was filed in the same federal curt, but thereafter was cnslidated int the existing cnslidated actin. A mtin t cnslidate the tw state curt actins, t which all parties have cnsented, is pending. WellCare intends t cntest, amng ther things, the standing bf the plaintiffin all fthe derivative actins t prsecute the purprted claims in WellCare's name. At this time, neither WellCare nr the Cmpany can predict the prbable utcme fthese claims. Other: The Cmpany is invlved in ther legal actins in the nrmal curse f business, sme f which seek mnetary damages, including claims fr punitive damages, which are ntcveredby insurance. 15. Leases Nne. 16. nfrmatin Abut Financial nstruments With Off-Balance Sheet Risk Nne. 17. Sale, Transfer and Servicing ffinancial Assets Nne. 18. Gain r Lss t the Reprting Entity Frm Uninsured Plans. Nne. 19. Direct Premium Written by Managing General Agents. Nne. 20. Other tems Nne. 21. Events Subsequent On January 25, 2008, WellCare annunced that Tdd Farha, Paul Behrens and Thaddeus Bereday (fotr fficers and directrs fthe Cmpany), had resigned frm their fficer and directr psitins with WellC e and its subsidiaries, effective immediately. Since that date, the Cmpany has elected new fficers d directrs fthe Cmpany t replace these individuals (see listing included n the Cmpany's Jurat Page). 22. Reinsurance. The Cmpany enters int reinsurance agreements with nn-affiliated cmpanies t limit the net lss aris~ng frm large risks and t maintain its expsure t lss within its capital resurces. Reinsurance premi expense incurred by the Cmpany is accunted fr as a reductin f net premium revenue ea.rqed. Reinsurance recveries are ffset against medical expense in the perid f such recveries. The Cmp ny remains liable t its plicyhlders t the extent that its reinsurers d nt meet their bligatins. The Cmpany's reinsurance agreement with a nn-affiliated cmpany had a retentin limit f $500,000fr the year ended December 31, Premiums paid under this nn-affiliated reinsurance agreement Were 25.5

32 ANNUAL STATEMENT FOR THE YEAR 2007 OF THE WellCare Health nsurance f llinis, nc. NOTES TO FNANCAL STATEMENTS $183,549 in Recveries under this plicy were $0 in 2007 and are included as a reductin t medicml expenses (reinsurance recveries) in the accmpanying statements frevenues and expenses. B. Nne C. Nne 23. Retrspectively Rated Cntracts Nne. 24. Change in ncurred Claims and Claim Adjustment Expenses Statement fstatutry Accunting Principles ("SSAP") N. 85 requires that claim adjustment expenses, including legal expenses, be subdivided int cst cntainment expenses and ther claim adjustment expense... Cst cntainment expenses are intended t reduce the number fhealth services prvided r the cst f such services. Other claim adjustment expenses are all ther csts which d nt meet the defnitin fcst cntainment expenses. The impact fthis statement fr the years ended December 31, 2007 and 2006 were reclassifcatins frm general administrative expenses t claims adjustment expenses f$2,629,055 and $ ntercmpany Pling. Nne. 26. Structured Settlements Nne. 27. Healthcare Receivables Healthcare receivables principally represent pharmacy rebates. Healthcare receivables are subject t varius limits based n the nature fthe receivable balance. Pharmacy rebates are recrded n an accrual basis and estimated using invices that have been prepared using actual prescriptins flled. Pharmacy rebates receivable at December 31, 2007 ttal $3,555 fwhich $240 were nn-admitted. The fllwing is a summary fpharmacy rebates receivable by quarter: Estimated Cllected Within Cllected Within Cllected Mre Quarter Ending Rebates 90 days 91 t 180 days than 180 days 31-Dec , Sep , Jun ,552 1, Mar Participating Plicies Nne. 29. Premium Deficiency Reserves Nne. 30. Anticipated Salvage and Subrgatin. Nne. 25.6

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34 ANNUAL STATEMENT FOR THE YEAR 2007 OF THE WellCare Health nsurance f llinis, nc. 1. Bnds: SUMMARY NVESTMENT SCHEDULE nvestment Categries Grss nvestment Hldings 1 2 Amunt Percentage Admitted Assets as Reprted in the Annual Statement 3 Amunt 4 Percentage 1.1 U.S. treasury securities ~ L l U.S. gvernment agency bligatins (excluding mrtgage-backed securities): ~ :~: :::~:: :~ ~::: :::::::~: :::~:::~.:~~~~;~:.::::::::::::::::::::::::::1::::::::::::::::::::::::::::::::::::::L:::::::::::::::::::::::::~:~~~ t::::::::::::::::::::::::::::::::::::::t:::::::::::::::::::::::::::~:~~~ 1.3 Freign gvernment (including Canada. excluding mrtgaged-backed securities) ~ Securities issued by states. territries. and pssessins and plitical subdivisins in the U.S.: 1.41 States. territries and pssessins general bligatins [ Plitical SUbdivisins f states. territries and pssessins and ~:: :::;':::::::.:~~~:::;;;;-:-:::::::~ :::::::_::::_ ::::::::~:: 1.5 Mrtgage-backed securities (includes residential and cmmercial MBS): 1.51 Pass-thrugh securities: ssued r guaranteed by GNMA.. 1 \ ~.. l ~ ::~: ~~~::e~~.~~:~~::::~..~~.~~.:.:.~.~.. ::~:~.:::::::::::::::::::::: :::::::::::::::::::::::::::::::::::::: :::::::::::::::::::::::::::~: ~~~ t::::::::::::::::::::::::::::::::::::::.:::::::::::::::::::::::::::~: ~~~ 1.52 CMOs and REMCs: ssued r guaranteed by GNMA. FNMA. FHLMC rva.. t.... t ~ t ssued by nn-u.s. Gvernment issuers and cllateralized by mrtgage-backed securities issued r A~lu:t~aenrt::~..b.~..~.~.:::i:~.~::::.i~.~i~:..:...~~:.::::::::::::::::::::t::::::::::::::::::::::::::::::::::::::t:::::::::::::::::::::::::::~ :~~~ :::::::::::::::::::::::::::::::::::::::t:::::::::::::::::::::::::::~:~~~ 2. Other debt and ther fixed incme securities (excluding shrt-term): 2.1 Unaffiliated dmestic securities (includes credit tenant lans rated by the :: ~:::;~=:::~~~;-_-:::_-::-:::.-::.-_:_-::. :::::::::::.-::::::.~ :::: t-:::::::::j::::-:::-::: 3. EqUity interests: 3.1 nvestments in mutual funds Preferred stcks: 3.21 Affiliated Unaffiliated Publicly traded equity securities (excluding preferred stcks): 3.31 Affiliated Unaffiliated : :::: ~::;~~:t~ ~.... ~ ::::::::::::::::::::::::::::::::::::::.:::::::::::::::::::::::::::~:~~~ L:::::::::::::::::::::::::::::::::::L:::::::::::::::::::::::::~:~~~ 3.4 Other equity securities: 3.5 Other equity interests including tangible persnal prperty under lease: 4. Mrtgage lans: :::: ~::;~~;~.~ ~ :::::::::::::::::::::::::::::::::::::: :::::::::::::::::::::::::::~: ~~~ L::::::::::::::::::::::::::::::::::::L:::::::::::::::::::::::::~ :~~~ 4.1 Cnstructin and land develpment O.OOC 4.2 Agricultural DOC 4.3 Single family residential prperties Multifamily residential prperties Cmmercial lans Mezzanine real estate lans Real estate investments: 5.1 Prperty ccupied by the cmpany L. L O Prperty held fr the prductin f incme (including $ f prperty acquired in satisfactin f debt) L O Prperty held fr sale (including $ prperty acquired in satisfactin f debt) Cntract lans Receivables fr securities Cash. cash equivalents and shrt-term investments Other invested assets Ttal invested assets , , , : 26

35 ANNUAL STATEMENT FOR THE YEAR 2007 OF THE WellCare Health nsurance f llinis, nc. GENERAL NTERROGATORES PART 1 - COMMON NTERROGATORES GENERAL 1.1 s the reprting entity a member f an nsurance Hlding Cmpany System cnsisting f tw r mre affiliated persns, ne r mre f which is an insurer?... Yes [ X J N [ J 1.2 f yes, did the reprting entity register and file with its dmiciliary State nsurance Cmmissiner, Directr r Superintendent, r with such regulatry fficial f the state f dmicile f the principal insurer in the Hlding Cmpany System, a registratin statement prviding disclsure substantial, similar t the standards adpted by the Natinal Assciatin f nsurance Cmmissiners (NAC) in its Mdel nsurance Hlding C npany System Regulatry Act and mdel regulatins pertaining theret, r is the reprting entity subject t standards and disclsure requirements substantially similar t thse required by such Act and regulatins?... Yes [ X 1 N [ J NA [ J 1.3 State Regulating? inls Has any change been made during the year f this statement in the charter, by-laws, articles f incrpratin, r deed f settlement f the reprting entity? Yes [ J N [ X 2.2 f yes, date f change: State as f what date t e latest financial examinatin f the reprting entity was made r is being made...12/31/ State the as f date th date shuld be the dat, 3.3 State as f what date the reprting entity. T date). 3.4 By what department During the perid cv, cmbinatin theref u a substantial part (m 4.2 During the perid cve receive credit r cm premiums) f: t the latest financial examinatin reprt became available frm either the state f dmicile r the reprting entity. This f the examined balance sheet and nt the date the reprt was cmpleted r released...12/31/200 e latest financial examinatin reprt became available t ther states r the public frm either the state f dmicile r is is the release date r cmpletin date f the examinatin reprt and nt the date f the examinatin (balance sheet...03/26/200 Jepartments? llinis Department f nsurance...!fed by this statement, did any agent, brker, sales representative, nn-affiliated sales/service rganizatin r any ler cmmn cntrl (ther than salaried emplyees f the reprting entity), receive credit r cmmissins fr r cntrl than 20 percent f any majr line f business measured n direct premiums) f: 4.11 sales f new business?... Yes [ 1 N [ X 4.12 renewals?... Yes [ 1 N [ X ed by this statement, did any sales/service rganizatin wned in whle r in part by the reprting entity r an affiliate, lissins fr r cntrl a substantial part (mre than 20 percent f any majr line f business measured n direct 4.21 sales f new business?... Yes [ J N [ X 4.22 renewals?... Yes [ 1 N [ X 5.1 Has the reprting entity been a party t a merger r cnslidatin during the perid cvered by this statement?... Yes [ J N [ X 5.2 f yes, prvide the na e f the entity, NAC Cmpany Cde, and state f dmicile (use tw letter state abbreviatin) fr any entity that has ceased t exist as a re ult f the merger r cnslidatin Name f Entity NAC Cmpany Cde State f Dmicile Has the reprting enti, had any Certificates f Authrity, licenses r registratins (including crprate registratin, if applicable) suspended r revked by any gvernmental entity during the reprting perid? f yes, give full infrm,tin... Yes [ 1 N [ X Des any freign (nn United States) persn r entity directly r indirectly cntrl 10% r mre f the reprting entity?... Yes [ 1 N [ X J 7.2 f yes, State the percentage f freign cntrl;.... State the natinality(s) f the freign persn(s) r entity(s) r if the entity is a mutual r reciprcal, the natinality f its manager r attrney in fact; and identify the type f entity(s) (e.g., individual, crpratin r gvernment, manager r attrney in fact). 1 2 Natinality Type f Entity ~----_._._-----_._ _.

36 ANNUAL STATEMENT FOR THE YEAR 2007 OF THE WellCare Health nsurance f llinis, nc. GENERAL NTERROGATORES 8.1 s the cmpany a subsidiary f a bank hlding cmpany regulated by the Federal Reserve Bard?. 8.2 f respnse t 8.1 is yes, please identify the name f the bank hlding cmpany. 8.3 s the cmpany affiliated with ne r mre banks, thrifts r securities firms?. 8.4 f respnse t 8.3 is yes, please prvide the names and lcatin (city and state f the main ffice) f any affiliates regulated by a federal financial regulatry services agency [i.e. the Federal Reserve Bard (FRB), the Office f the Cmptrller f the Currency (OCC), the Office f Thrift Supervisin (OTS), the Federal Depsit nsurance Crpratin (FDC) and the Securities Exchange Cmmissin (SEC) and identify the affiliate's primary federal regulatr.] Yes [ ] N [ X 11 Yes [ ] N [ X Affiliate Name 2 Lcatin (City, State) 3 FRB 4 OCC 5 OTS 6 FDC 7 SEC 9. What is the name and address f the independent certified public accuntant r accunting firm retained t cnduct the annual audit? Delitte & Tuche LLP, 201 E. Kennedy Blvd, Suite 1200, Tampa FL What is the name, address and affiliatin (fficer/emplyee f the reprting entity r actuary/cnsultant assciated with an actuarial cnsulting firm) f the individual prviding the statement f actuarial pinin/certificatin?. Dn Zhang (Emplyee) WeliCare Health Plans nc, 8735 Hendersn Rad, Tampa FL Des the reprting entity wn any securities f a real estate hlding cmpany r therwise hld real estate indirectly? Yes [ J N [ X 11.2 f yes, prvide explanatin Name f real estate hlding cmpany Number f parcels involved ' Ttal bk/adjusted carrying value... $. 12. FOR UNTED STATES BRANCHES OF ALEN REPORTNG ENTTES ONLY: 12.1 What changes have been made during the year in the United States Manager r the United States Trustees f the reprting entity? 12.2 Des this statement cntain all business transacted fr the reprting entity thrugh its United States Branch n risks wherever lcated? Have there been any changes made t any f the trust indentures during the year? f answer t (12.3) is yes, has the dmiciliary r entry state apprved the changes? Yes [ 13.1 Are the senir fficers (principal executive fficer, principal financial fficer, principal accunting fficer r cntrller, r persns perfrming similar functins) f the reprting entity SUbject t a cde f ethics, which includes the fllwing standards?. Hnest and ethical cnduct, including the ethical handling f actual r apparent cnflicts f interest between persnal and a. prfessinal relatinships; b. Full, fair, accurate, timely and understandable disclsure in the peridic reprts required t be filed by the reprting entity; c. Cmpliance with applicable gvernmental laws, rules and regulatins; d. The prmpt internal reprting f vilatins t an apprpriate persn r persns identified in the cde; and e. Accuntability fr adherence t the cde f the respnse t 13.1 is N, please explain: 13.2 Has the cde f ethics fr senir managers been amended? f the respnse t 13.2 is Yes, prvide infrmatin related t amendment(s) Have any prvisins f the cde f ethics been waived fr any f the specified fficers? f the respnse t 13.3 is Yes, prvide the nature f any waiver(s). Yes [ Yes [ J N [ ] N [ J N [ ] NA [ Yes [ X ] N [ Yes [ ] N [ X J Yes [ ] N [ X J BOARD OF DRECTORS 14. s the purchase r sale f all investments f the reprting entity passed upn either by the bard f directrs r a SUbrdinate cmmittee theref?. 15. Des the reprting entity keep a cmplete permanent recrd f the prceedings f its bard f directrs and all subrdinate cmmittees theref?. 16. Has the reprting entity an established prcedure fr disclsure t its bard f directrs r trustees f any material interest r affiliatin n the part f any f its fficers, directrs, trustees r respnsible emplyees that is in cnflict r likely t cnflict with the fficial duties f such n~rc::.nn? Yes [ X J N [ ] Yes [ X ] N [ ] Yes [ X ] N [ J 27.1

37 ANNUAL STATEMENT FOR THE YEAR 2007 OF THE WellCare Health nsurance f llinis, nc. GENERAL NTERROGATORES FNANCAL 17. Has this statement been prepared using a basis f accunting ther than Statutry Accunting Principles (e.g., Generally Accepted Accunting Principles)? Yes [ J N [ X 18.1 Ttal amunt laned during the year (inclusive f Separate Accunts, exclusive fplicy lans): T directrs r ther fficers.. $ T stckhlders nt fficers... $ Trustees, supreme r grand (Fraternal nly) $ Ttal amunt flans utstanding at end fyear (inclusive fseparate Accunts, exclusive fplicy lans): T directrs r ther fficers T stckhlders nt fficers Trustees, supreme r grand (Fraternal nly) Were any fthe assets reprted in this statement subject t a cntractual bligatin t transfer t anther party withut the liability fr such bligatin being reprted in this statement? f yes, state the amunt theref at December 31 f the current year: Rented frm thers Brrwed frm thers Leased frm thers Other. $ 0 $ 0 $ 0 Yes [ J N [ X 20.1 Des this statement include payments fr assessments as described in the Annual Statement nstructins ther than guaranty fund r guaranty assciatin assessments? Yes [ J N [ X 20.2 f answer is yes: Amunt paid as lsses r risk adjustment $ Amunt paid as expenses $ Other amunts paid $ Des the reprting entity reprt any amunts due frm the parent, subsidiaries r affiliates n Page 2 fthis statement? Yes [ J N [ X 21.2 f yes, indicated any amunts receivable frm parent included in the Page 2 amunl: $ 0 NVESTMENT 22.1 Were all the stcks, bnds and ther securities wned December 31 fcurrent year, ver which the reprting entity has exclusive cntrl, in the actual pssessin fthe reprting entity n said date? Yes [ ] N [ X 22.2 f n, give full and cmplete infrmatin relating theret: All stcks and bnds wned by the Cmpany at December 31, 2007 except thse held n depsit pursuant t regulatry requirements (Schedule E, Pt 3) are under exclusive cntrl fthe Cmpany Were any fthe stcks, bnds r ther assets fthe reprting entity wned at December 31 fthe current year nt exclusively under the cntrl fthe reprting entity, r has the reprting entity sld r transferred any assets SUbject t a put ptin cntract that is currently in frce? (Exclude securities subject t nterrgatry 19.1) :... Yes [ X] N [ 1] 23.2 f yes, state the amunt theref at December 31 f the current year Laned t thers $ SUbject t repurchase agreements $ ~ Subject t reverse repurchase agreements $ ~ SUbject t dllar repurchase agreements $ ~ Subject t reverse dllar repurchase agreements $ ~ Fr categry (23.28) prvide the fllwing: Pledged as cllateral... $ ~ Placed under ptin agreements $ Letter stck r ther securities restricted as t sale On depsit with state r ther regulatry bdy... $ 2,106, Other $ Nature f Restrictin Descriptin Amunt _-_ _-_._._ _--_.._-_..._-_..._-_..._-_ _ _-_..._._--_. -_ Des the reprting entity have any hedging transactins reprted n Schedule DB?. Yes [ ] N 24.2 f yes, has a cmprehensive descriptin fthe hedging prgram been made available t the dmiciliary state?. f n, attach a descriptin with this statement. Yes [ J N [ ] NA Were any preferred stcks r bnds wned as f December 31 f the current year mandatrily cnvertible int equity, r, at the ptin f the issuer, cnvertible int equity?.. f yes, state the amunt theref at December 31 f the current year. Yes [ ] N [ ~ ] $

38 ANNUAL STATEMENT FOR THE YEAR 2007 OF THE WellCare Health nsurance f llinis, nc. GENERAL NTERROGATORES 26. Excluding items in Schedule E, real estate, mrtgage lans and investments held physically in the reprting entity's ffices, vaults r safety depsit bxes, were all stcks, bnds and ther securities, wned thrughut the current year held pursuant t a custdial agreement with a qualified bank r trust cmpany in accrdance with Sectin 3, Cnducting Examinatins, G - Custdial r Safekeeping Agreements fthe NAC Financial Cnditin Examiners Handbk?... Yes [ J N [ X Fr agreements that cmply with the requirements fthe NAC Financial Cnditin Examiners Handbk, cmplete the fllwing: 1 2 Name f Custdian(s) Custdian's Address _ _-_ _-_......_ Fr all agreements that d nt cmply with the requirements fthe NAC Financial Cnditin Examiners Handbk, prvide the name, lcatin and a cmplete explanatin: Name(sl Lcatin(sl Cmlete Exlanatin(sl Have there been any changes, including name changes, in the custdian(s) identified in during the current year?... Yes [ J N [ X ] f yes, give full and cmplete infrmatin relating theret: Date f Old Custdian New Custdian Chane Reasn dentify all investment advisrs, brkers/dealers r individuals acting n behalf f brker/dealers that have access t the investment accunts, handle securities and have authrity t make investments n behalf fthe reprting entity: Central Reistratin Desitrv Number(sl Name Address Des the reprting entity have any diversified mutual funds reprted in Schedule 0, Part 2 (diversified accrding t the Securities and Exchange Cmmissin (SEC) in the nvestment Cmpany Act f 1940 [Sectin 5 (b) (1 )])?... Yes [ J N [ X J 27.2 fyes, cmplete the fllwing schedule: TOTAL CUSP# Name f Mutual Fund Bk/Adiusted CarrvinQ Value Fr each mutual fund listed in the table abve, cmplete the fllwing schedule: Amunt f Mutual Fund's Name f Mutual Fund Name f Significant Hlding Bk/Adjusted Carrying Value (frm abve table) Of the Mutual Fund Attributable t the Hlding Date f Valuatin

39 ANNUAL STATEMENT FOR THE YEAR 2007 OF THE WellCare Health nsurance f llinis, nc. GENERAL NTERROGATORES 28. Prvide the fllwing infrmatin fr all shrt-term and lng-term bnds and all preferred stcks. D nt substitute amrtized value r statement value fr fair value Ttals Statement (Admitted) Value 2,053,724 2 Fair Value 3 Excess f Statement ver Fair Value (-) r Fair Value ver Statement (+y :~;::~~~ ~~~ ~~ ~:::::::::::::::::::t:::::::::::::::::::::::::::::::::::::::~.:~~~.:~~~ ~:::::::::::::::::::::::::::::::::::::::~.'.~~.~.:.~.~.~ ::::::::::::::::::::::::::~.~.:~~~ 28.4 Describe the surces r methds utilized in determining fair values: 2,117,350 63,626 Fair values were btained frm a third party pricing surce Have all the filing requirements fthe Purpses and Prcedures Manual fthe NAC Securities Valuatin Office been fllwed? f n, list the exceptins: Yes [ X J N [ OTHER 30.1 Amunt f payments t trade assciatins, service rganizatins and statistical r rating bureaus, if any? $ 30.2 List the name f the rganizatin and the amunt paid if any such payment represented 25% r mre fthe ttal payments t trade assciatins, service rganizatins and statistical r rating bureaus during the perid cvered by this statement. N",mmmmmmmmm N '='mmmmmmmmmmmmmmml::;\p"d mm! 31.1 Amunt fpayments fr legal expenses, if any? $ 31.2 List the name fthe firm and the amunt paid ifany such payment represented 25% r mre fthe ttal payments fr legal expenses during the perid cvered by this statement. N"mmN ='mmmm[a:,,;\p.mmj 32.1 Amunt fpayments fr expenditures in cnnectin with matters befre legislative bdies, fficers r departments fgvemment, if any?.$ 32.2 List the name fthe firm and the amunt paid ifany such payment represented 25% r mre fthe ttal payment expenditures in cnnectin with matters befre legislative bdies, fficers r departments fgvernment during the perid cvered by this statement. N.mmmmmmmmmm: =:mmmmmmmmm1-m~:";~p: mml h 27.4

40 ANNUAL STATEMENT FOR THE YEAR 2007 OF THE WellCare Health nsurance f llinis, nc. GENERAL NTERROGATORES PART 2 - HEALTH NTERROGATORES 1.1 Des the reprting entity have any direct Supplement nsurance in frce?. Yes [ J N [ X 1.2 fyes, indicate premium eamed n U. S. business $ What prtin f tem (1.2) is nt reprted n the Supplement nsurance Experience Exhibit?. $ 1.31 Reasn fr excluding. 1.4 ndicate amunt f earned premium attributable t Canadian andlr Other Alien nt included in tem (1.2) abve. 1.5 ndicate ttal incurred claims n all Supplement insurance. 1.6 ndividual plicies: Mst current three years: 1.61 Ttal premium earned Ttal incurred claims Number f cvered lives. All years prir t mst current three years: 1.64 Ttal premium earned Ttal incurred claims Number f cvered lives. 1.7 Grup plicies: Mst current three years: 1.71 Ttal premium earned Ttal incurred claims Number f cvered lives. All years prir t mst current three years: 1.74 Ttal premiurn earned Ttal incurred claims Number f cvered lives. 2. Health Test:!i $ 0 $ 0 $ 0. 0 ::::::::::::::::::::::::::::::::::::.::::::::~ $ 0 $ 0 n ::::::::::::::::::::::::::::::::::::'::::::J 1 2 Current Year Prir Year 2.1 Premium Numeratr $...213,395,691 $ Premium Denminatr $ $ Premium Rati ( ) Reserve Numeratr $ $ Reserve Denminatr $...67,526,302 $ Reserve Rati ( ) Has the reprting entity received any endwment r gift frm cntracting hspitals, physicians. dentists, r thers that is agreed will be returned when, as and if the earnings f the reprting entity permits?. 3.2 f yes, give particulars: Yes [ J N [ XJ 4.1 Have cpies f all agreements stating the perid and nature f hspitals'. physicians'. and dentists' care ffered t subscribers and dependents been filed with the apprpriate regulatry agency?. 4.2 f nt previusly filed. furnish herewith a cpy(ies) f such agreement(s). D these agreements include additinal benefits ffered?. 5.1 Des the reprting entity have stp-lss reinsurance?. 5.2 f n. explain: Yes [ X J N Yes [ X] N Yes [ X] N 5.3 Maximum retained risk (see instructins) 5.31 Cmprehensive Medical... $ Medical Only $ 500, Supplement... $ Dental... $. :::: ~:~:~ ~~=~~.~.~..~~.~.~~:~.:~~.~.::::::::::::::::::::::::::::::::::: ::::::::::::::::::::::::::::::::::::::::::::::: 6. Describe arrangement which the reprting entity may have t prtect subscribers and their dependents against the risk f inslvency including hld harmless prvisins, cnversin privileges with ther carriers. agreements with prviders t cntinue rendering services. and any ther agreements: The Cmpany is required by the Department f nsurance t have a restricted bank accunt funded fr the specific event f inslvency. Additiinally. all prvider cntracts include prvisins fr cntinuity f care t it's subscribers. 7.1 Des the reprting entity set up its claim liability fr prvider services n a service date base? Yes [ X] N [ 7.2 f n. give details: 8. Prvide the fllwing infrmatin regarding participating prviders: 8.1 Number f prviders at start f reprting year. 8.2 Number f prviders at end f reprting year. 9.1 Des the reprting entity have business subject t premium rate guarantees?. 9.2 f yes. direct premium earned: Yes [ J N [ xl ] 9.21 Business with rate guarantees between mnths Business with rate guarantees ver 36 mnths

41 ANNUAL STATEMENT FOR THE YEAR 2007 OF THE WellCare Health nsurance f llinis, nc. GENERAL NTERROGATORES 10.1 Des the reprting entity have ncentive Pl, Withhld r Bnus Arrangements in its prvider cntract?. Yes [ ] N [ X 10.2 f yes: Maximum amunt payable bnuses Amunt actually paid fr year bnuses Maximum amunt payable withhlds Amunt actually paid fr year withhlds. $ s the reprting entity rganized as: A Medical Grup/Staff Mdel,.. Yes [ ] N [ X An ndividual Practice Assciatin (PA), r,.. Yes [ ] N [ X A Mixed Mdel (cmbinatin f abve)?. Yes [ ] N [ X 11.2 s the reprting entity subject t Minimum Net Wrth Requirements? Yes [ X] N [ 11.3 f yes, shw the name f the state requiring such net wrth _ n 11.4 f yes, shw the amunt required. $..16,800, s this amunt included as part f a cntingency reserve in stckhlder's equity? Yes [ ] N [ X 11.6 f the amunt is calculated, shw the calculatin. Required Net Wrth =Greater f $1,500,000 r Cmpany Actin Level Risk Based Capital ("RBC") Calculatin. 12. List service areas in Which reprting entity is licensed t perate: 1 Name f Service Area Alabama. Alaska.. Arizna.. Arkansas :.. Cal frnia. Clrad. Cnnect cut.. Delaware. District f Clumbia. ~~~~~~~ 1.~ Hawal i 1 lrl~hn nls. ndiana. lwr Kansas.. Kentucky. Luisiana. Maryland.. Massachuse t ts 1 Minnesta. Mississippi. Missur 1 Mntana. Nebraska.. Nevada. New Jersey.. New Mexic. Nrth Dakta. Ohin Oklahma. Oregn.. Pennsy van a. Rhde sand. Suth Carl ina 1 Suth Dakta.. Tennessee. lt~h V rglnla Washingtn.. West Virginia... 1 Wi scans in. Wyming. 28.1

42 ANNUAL STATEMENT FOR THE YEAR 2007 OF THE WellCare Health nsurance f llinis, nc. FVE-YEAR HSTORCAL DATA Balance Sheet (Pages 2 and 3) 1. Ttal admitted assets (Page 2. Line 26) B3.271,946 5,766,367 5, ,069, Ttal liabilities (Page 3, Line 22).70, Statutry surplus ,786 1,500, Ttal capital and surplus (Page 3. Line 31) 12,290,885 5, ,548,516 9,437, , ,065, ncme Statement (Page 4) 5. Ttal revenues (Line 8) 213, ,139, Ttal medical and hspital expenses (Line 18) 175,270, Claims adjustment expenses (Line 20).7, Ttal administrative expenses (Line 21) , Net underwriting gain (lss) (Line 24) 1, (134,043) ( ) (1,339,954) ( Net investment gain (lss) (Line27) 2, , Ttal ther incme (Lines 28 plus 29) Net incme (lss) (Line 32) ( ) (1.428,528) (719,698 Cash Flw (Page 6) 13. Net cash frm peratins (Line 11) (122, 183) ( ) (36.975) L Risk - Based Capital Analysis 14. Ttal adjusted capital ,636, L..11, Authrized cntrl level risk-based capital B, L Enrllment (Exhibit 1) 16. Ttal members at end f perid (Clumn 5. Line7) J L ~ O 17. Ttal member mnths (Clumn 6. Line 7) L L O L. O L. O Operating Percentage (Page 4) (tem divided by Page 4. sum f Lines 2, 3 and 5) x Premiums earned plus risk revenue (Line 2 pius Lines 3 and 5) t ( 19. Ttal hspital and medical plus ther nn-health (Lines 18 plus 19) ( 20. Cst cntainment expenses Other claims adjustment expenses Ttal underwriting deductins (Line 23) Ttal underwriting gain (lss) (Line 24) xxx. ~ , Unpaid Claims Analysis (U& EXhibit. Part 2B) :: ::;;,;,::,~:f;":;:::;:'~:~ :;~~~;;t~~::~:::~~:: t~~::: :~~:: ~-:~::~ nvestments n Parent, Subsidiaries And Affiliates :: ;~;) :;~;;:~;'; s~;~:;,~:;)~. - -:::~::: t:::::_: l:~:-::: t:-:::~:: ~.~:-::; 28. Affiliated cmmn stcks (Sch. D Summary, Line 53, Cl. 1) Affiliated shrt-term investments (SUbttal included in Sch. DA. Part 2, Cl. 5. Line 7) Affiliated mrtgage lans n real estate All ther affiliated Ttal f abve Lines 26 t :::::::::::::::::::::::::::::::::~ ::::::::::::::::::::::::::::::::t b 29

43 REPORT FOR: 1. CORPORATON NAC Grup Cde 1199 Ttal Members at end f: ANNUAL STATEMENT FOR THE YEAR 2007 OF THE WeliCare Health nsurance f llinis, nc. EXHBT OF PREMUMS, ENROLLMENT AND UTLZATON (a) WeliCare Health nsurance f llinis, nc. 2. ~==~ _ BUSNESS N THE STATE OF Alabama 1. Prir Year t- 0 (LOCATON) DURNG THE YEAR 2007 NAC Cmpanv Cde Cmprehensive (Hspital & Medical) Ttal ndividual Grup Medicere Supplement Visin Onlv Dental Onv Federal Emplyees Health Benefit Plan Title XV Title XX Medicaid Other v.:>» r :=;~::~,-_~::-=:-_:::-:-----:-[:::::::,-, rl----,--' Current Year 6 Current Year Member Mnths TOr ::y~:i:n ~=~.~~:~.~~..~:~.~~:~::..~~~.~~.a.~: j ~! Nn Physician 9. Ttal Hspital Patient Davs ncurred Number f npatient Admissins Health Premiums Written (b) " f j..' j.f _ Life Premiums Direct Prperty/Casualty Premiums Written Health Premiums Earned Prperty/Casualty Premiums Earned Amunt Paid fr Prvisin f Health Care Services Amunt ncurred fr Prvisin f Health Care Services 0 (a) Fr health business: number f persns insured under PPO managed care prducts and numberf persns under indemnity nly prducts (b) Fr health premiums written: amuntf Title XV exemptfrm state taxes ffees $

44 ANNUAL STATEMENT FOR THE YEAR 2007 OF THE WellCare Health nsurance f llinis, nc. CJ.)» :::'\ REPORT FOR: 1. CORPORATON NAC Grup Cde 1199 Ttal Members at end f: EXHBT OF PREMUMS, ENROLLMENT AND UTLZATON (a) WellCare Health nsurance f llinis, nc "..==:-=::--- _ BUSNESS N THE STATE OF Alaska (LOCATON) DURNG THE YEAR 2007 NAC Cmpanv Cde Cmprehensive (Hspital & Medical) Ttal ndividual Grup Supplement Visin Onlv Dental Onlv Federal Emplyees Health Benefit Plan i~~~~~,---~_~:--~:~~i::-=_:i:-:j~_:-~:~!,-,----,-' '---'---,-----'-- 5. Current Year 6 Current Year Member Mnths T;al ::y~i::n~=.~.~~~~~~..~~~.~~~.~~~.~..~~:.~~.a.r: j ~ j Nn Physician --:::..c.._--_ _-----j_---_------j f Ttal Hspital Patient Davs ncurred Number f npatient Admissins Health Premiums Written (b) 0 Title XV Title XX Medicaid Other 13. Life Premiums Direct Prperly/Casualty Premiums Writterl.. 0, Health Premiums Earned Prperly/Casualty Premiums Earned Amunt Paid fr Prvisin f Health Care Services. 0, , Amunt ncurred fr Prvisin f Health Care Services 0 (a) Fr health business: number f persns insured under PPO managed care prducts and number f persns under indemnity nly prducts _ (b) Fr health premiums written: amunt f Title XV exempt frm state taxes f fees $ _

45 ANNUAL STATEMENT FOR THE YEAR 2007 OF THE WellCare Health nsurance f llinis, nc. REPORT FOR: 1. CORPORATON NAC Grup Cde 1199 Ttal Members at end f: EXHBT OF PREMUMS, ENROLLMENT AND UTLZATON (a) WeliCare Health nsurance f llinis, nc ".~="""',,---_-_-_- BUSNESS N THE STATE OF Arizna (LOCATON) DURNG THE YEAR 2007 NAC Cmpany Cde Cmprehensive (Hspital & Medical) Ttal ndividual Grup SUPplement Visin Onlv Dental Onlv Federal Emplyees Health Benefit Plan Title XV Title XX Medicaid Other ~ ~~~~~~c--;:~~-~~:=:-~~t~-~j u.:>» N 5. Current Year 6 Current Year Member Mnths Tt ~:::~2:":~~~=~::"::~:":'.':"C ::_m_m: 9. Ttal Hspital Patient Davs ncurred Number f npatient Admissins 0 rm_tmmmmjml-mmm_-jm_mlm_mm_-jm_tmm j_mmmmj 12. Health Premiums Written (b) J 0, Life Premiums Direct Prperty/Casualty Premiums Writterl.., Health Premiums Earned Prperty/Casualty Premiums Earned Amunt Paid fr Prvisin f Health Care Services Amunt ncurred fr Prvisin f Health Care Services 0 (a) Fr health business: number f persns insured under PPO managed care prducts and number fpersns under indemnity nly prducts _ (b) Frhealth premiums written: amunt f Title XV exempt frm state taxes ffees $ _

46 ANNUAL STATEMENT FOR THE YEAR 2007 OF THE WellCare Health nsurance f llinis, nc. REPORT FOR: 1. CORPORATON NAC Grup Cde 1199 Ttal Members at end f: EXHBT OF PREMUMS, ENROLLMENT AND UTLZATON (a) WeliCare Health nsurance f llinis, nc "..~~, _ BUSNESS N THE STATE OF Arkansas (LOCATON) NAC Cmpanv Cde DURNG THE YEAR Cmprehensive (Hspital & Medical) Ttal ndividual Grup Supplement Visin Onlv Dental Onlv Federal Emplyees Health Benefit Plan Title XV Title XX Medicaid Other c..v» ::0 5. Current Year 1,233 6 Current Year Member Mnths 12,616 12,616 Ttal Member Ambulatry Encunters fr Year: 7. Physician 12,744 12, Nn-Physician 1,275 1, Ttal 14, , Hspital Patient Davs ncurred 1 2, , Numberf npatient Admissins Health Premiums Written (b) 10,157, L L J --. L 10,157, Life Premiums DirecL Prperly/Casualty Premiums Written Health Premiums Earned. 10, 157, Prperly/Casualty Premiums Earned Amunt Paid fr Prvisin f Health Care Services. 3,764, Amunt ncurred fr Prvisin f Health Care Services 6,123, ,157, ,764,357 (a) Fr health business: number f persns insured under PPO managed care prducts 0 and number fpersns under indemnity nly prducts 0 (b) Fr health premiums written: amunt f Tille XV exempt frm state taxes f fees $ 10,157,015 1,233 6,123,402

47 ANNUAL STATEMENT FOR THE YEAR 2007 OF THE WellCare Health nsurance f llinis, nc. c..v a ()» REPORT FOR: 1. CORPORATON NAC Grup Cde 1199 Ttal Members at end f: EXHBT OF PREMUMS, ENROLLMENT AND UTLZATON (a) WeliCare Health nsurance f llinis, nc. 2. ~==: _ BUSNESS N THE STATE OF Califrnia 1. Prir Year 0 2 First Quarter 3,365 3 Secnd Quarter!, Third Quarter!, Current Year 3,873 (LOCATON) DURNG THE YEAR 2007 NAC Cmpanv Cde Cmprehensive (Hspital & Medical) Ttal ndividual Grup Supplement Visin Onlv Dental Onlv Federal Emplyees Health Benefit Plan Title XV , !, !, Current YearMember Mnths 45,213 45,213 Ttal Member AmbUlatry Encunters fr Year: 7. Physician 30,180 30, Nn-Physician 6,872 6, Ttal 37, , Hspital Patient Davs ncurred 8,345 8, Number f npatient Admissins 1,179 1, Health Premiums Written (b).45,214,851 ~ ~ ~ ~ ~ ~.L.45,214, Life Premiums Direct.. 0 3,873 Title XX Medicaid Other 14. Prperly/Casualty Premiums Writtell 0, Health Premiums Earned..45,214, ,214, Prperly/Casualty Premiums Earned. 0,. 17. Amunt Paid fr Prvisin f Health Care Services 18,374, Amunt ncurred fr Prvisin f Health Care Services 29,890, ,374,909 29,890,082 (a) Fr health business: number f persns insured under PPO managed care prducts 0 and number f persns under indemnity nly prducts 0 (b) Fr health premiums written: amunt f Title XV exempt frm state taxes f fees $ 45,214,851

48 ANNUAL STATEMENT FOR THE YEAR 2007 OF THE WellCare Health nsurance f llinis, nc. w () REPORT FOR: 1. CORPORATON NAC Grup Cde 1199 Ttal Members at end f: EXHBT OF PREMUMS, ENROLLMENT AND UTLZATON (a) WeliCare Health nsurance f llinis. nc ::-==:-- _ BUSNESS N THE STATE OF Clrad 1. Prir Year 0 2 First Quarter Secnd Quarter Third Quarter Current Year 615 (LOCATON) DURNG THE YEAR 2007 NAC Cmpanv Cde Cmprehensive (Hspital & Medical) Ttal ndividual Grup Supplement Visin Onv Dental Onlv Federal Emplyees Health Benefit Plan Title XV , r r :::::::=:=::l::r:::!=::::~: Current Year Member Mnths 6, Ttal Member Ambulatry Encunters fr Year: 7. Physician n, Nn-Physician Ttal 7, Hspital Patient Davs ncurred u - _ _ Number f npatient Admissins Health Premiums Written (b) ,449 Title XX Medicaid Other 13. Life Premiums Direct Prperty/Casualty Premiums Written Health Premiums Earned Prperty/Casualty Prerniums Earned Amunt Paid fr Prvisin f Health Care Services.. 3,083, Amunt ncurred fr Prvisin f Health Care Services 5.015,269 (a) Fr health business: number f persns insured under PPO managed care prducts (b) Fr health premiums written: amunt f Title XV exempt frm state taxes f fees $ a and number f persns under indemnity nly prducts a

49 REPORT FOR: 1. CORPORATON WellCare Health nsurance f llinis, nc. NAC Grup Cde 1199 BUSNESS N THE STATE OF Cnnecticut ANNUAL STATEMENT FOR THE YEAR 2007 OF THE WellCare Health nsurance f llinis, nc. EXHBT OF PREMUMS, ENROLLMENT AND UTLZATON (a) DURNG THE YEAR ::-==-::-=c:: Cde VJ () -l Ttal Members at end f: Ttal 1. Prir Year First Quarter. 0 :. ~~~:n~u~~:~~~:::::::::::::::::::::::::::::::::: ::::::::'.: 5. Current Year 6 Current Year Member Mnths TOfl ::y~i::n~~~~~~~~~.~~~.~~~~~r~ NnPhy~aan :.:::::::::::::::::::::::::::::::::::::: ::::::::::::::::::::::::::::.::::~ Federal Emplyees Visin Dental Health Benefit Tille XV Title XX ndividual Grup Supplement Only OnlY Plan Medicaid..f~~.~~~.r: 1 ~, 9. Ttal Hspital Patient Days ncurred Number f npatient Admissins Health Premiums Written (b) L O.~~~"~~~_~~~_~~~.~~~_~~~. ~_~~~_~~~_~~~. Other 13. Life Premiums DirecL 0 -r - t t t t -r t t. 14. Prperty/Casually Premiums Written Health Premiums Earned 0 r r t t r r t Prperty/Casually Premiums Earned " Amunt Paid fr Prvisin f Health Care Services Amunt ncurred fr Prvisin f Health Care Services 0 (a) Fr health business: number fpersns insured under PPO managed care prducts (b) Fr health premiums written: amunt f Title XV exempt frm state taxes f fees $ _...> u _- 0 and number f persns under indemnily nly prducts _

50 ANNUAL STATEMENT FOR THE YEAR 2007 OF THE WellCare Health nsurance f llinis, nc. v:> m REPORT FOR: 1. CORPORATON NAC Grup Cde 1199 Ttal Members at end f: EXHBT OF PREMUMS, ENROLLMENT AND UTLZATON (a) WeliCare Health nsurance f llinis. nc (LOCATON) BUSNESS N THE STATE OF Delaware DURNG THE YEAR 2007 NAC Cmpany Cde Cmprehensive (Hspital & Medical) Ttal ndividual Grup SUPplement Visin OnlY Dental Only Federal Emplyees Health Benefit Plan 1. Prir Year First Quarter Secnd Quarter Third Quarter Current Year Current Year Member Mnths Ttal Member Ambulatry Encunters fr Year: ; ~:'~~:;~~::: ::::- _ J.::: t _[ _-_ t.. m ~ l-- _ - J.~: 9. Ttal Hspital Patient Days ncurred Number f npatient Admissins Health Premiums Written (b) ~ L.. J L...L.L L.. L Life Premiums DirecL 0,......, Prperty/Casualty Premiums Written Health Premiums Earned Title XV Prperty/Casualty Premiums Earned 0, Amunt Paid fr Prvisin f Health Care Services Amunt ncurred fr Prvisin f Health Care Services 842,409 (a) Fr health business: number f persns insured under PPO managed care prducts (b) Fr health premiums written: amunt f Title XV exempt frm state taxes ffees $ , and number f persns under indemnity nly prducts 0 Title XX Medicaid Other

51 ANNUAL STATEMENT FOR THE YEAR 2007 OF THE WellCare Health nsurance f llinis, nc. REPORT FOR: 1. CORPORATON EXHBT OF PREMUMS, ENROLLMENT AND UTLZATON (a) WeliCare Health nsurance f llinis, nc :-:-::-:::-=".,.-- _ NAC Grup Cde 1199 BUSNESS N THE STATE OF District f Clumbia DURNG THE YEAR 2007 Cde w () Ttal Members at end f: 1. Prir Year 0 2 First Quarter Secnd Quarter Third Quarter Current Year Ttal 265 Federal Emplyees Visin Dental Health Benefit Tille XV Tille XX ndividual Grup Supplement Onlv Onlv Plan Medicaid ~-~-~ ~:--=~-~~ :~-;~:_:~~::~:;-_::;~ 6 Current Year Member Mnths 2,706 2,706 Ttal Member Ambulatry Encunters fr Year: : :::;::;~;;=::: ::: = J '~: / / J '~:; 9. Ttal 1, O 0 0 1, Hspital Patient Davs ncurred Number f npatient Admissins Health Premiums Written (b) J 3, 119,074..! L! l ~ l 3,119, Life Premiums DirecL Prperty/Casualty Premiums Written Health Premiums Earned 3,119,074 L 1 L. L..L L L. 3,119, Prperty/Casualty Premiums Earned Amunt Paid fr Prvisin f Health Care Services 502, Amunt ncurred fr Prvisin f Health Care Services 818,124 (a) Fr health business: number f persns insured under PPO managed care prducts...502, ,124 a and number fpersns under indemnity nly prducts a Other (b) Fr health premiums written: amunt f Tille XV exempt frm state taxes f fees $ 3,119,074

52 (.V REPORT FOR: 1. CORPORATON NAC Grup Cde 1199 Ttal Members at end f: ANNUAL STATEMENT FOR THE YEAR 2007 OF THE WellCare Health nsurance f llinis, nc. EXHBT OF PREMUMS, ENROLLMENT AND UTLZATON (a) WeliCare Health nsurance f llinis, nc ;;-==;--- _ BUSNESS N THE STATE OF Flrida 1. Prir Year 0 2 First Quarter Secnd Quarter 0 4. Third Quarter 0 5. Current Year 6 Current Year Member Mnths (LOCATON) DURNG THE YEAR 2007 NAC Cmpanv Cde Cmprehensive (Hspital & Medical) Ttal ndividual Grup SUPplement Visin Onlv Dental Onlv Federal Emplyees Health Benefit Plan T;al ::Y~i::n~=.~.~~~~~~.~~~.~~~:~:..f~~.~~.a.r: j ~ i NnPhyffiaan.._.._.._...._.. ".~~~.~.~~_~~~.~~~_~~~_~~_~~~_~~~_~~~.~.~~. " r 10. Hspital Patient Davs ncurred Number f npatient Admissins 0 9. Ttal 0 Tille XV Tille XX Medicaid Other 12. Health Premiums Written (b) L Life Premiums DirecL Prperty/Casualty Premiums Written Health Premiums Earned Prperty/Casualty Premiums Earned Amunt Paid fr Prvisin f Health Care Services Amunt ncurred fr Prvisin f Health Care Services 0 (a) Fr health business: number fpersns insured under PPO managed care prducts and number f persns under indemnity nly prducts _ (b) Fr health premiums written: amunt f Tille XV exempt frm state taxes ffees $ _

53 ANNUAL STATEMENT FOR THE YEAR 2007 OF THE WellCare Health nsurance f llinis, nc. c..v G)» REPORT FOR: 1. CORPORATON NAC Grup Cde 1199 Ttal Members at end f: EXHBT OF PREMUMS, ENROLLMENT AND UTLZATON (a) WellCare Health nsurance f llinis, nc ".-:.-=-:-==::-- _ BUSNESS N THE STATE OF Geria (LOCATON) DURNG THE YEAR 2007 NAC Cmpany Cde Cmprehensive (Hspital & Medical) Ttal ndividual Grup Suplement Visin Only Dental Only Federal Emplyees Health Benefit Plan!;;,~~?~:--~;-_-~::::;;;;:;::~;--_:~--+;:::;l'--'------'-,-,----,,-----,- 5. Current Year 6 Current Year Member Mnths 10. Hspital Patient Days ncurred 0 T;al ::y~::n~=.~.~~~~:~..~:~:~:~~:..~~~.~~.a.r: 1 ~ Nn Physcian 9. Ttal Number f npatient Admissins Health Premiums Written (b) 0 ---=-t f ,.-----i Title XV Title XX Medicaid Other 13. Life Premiums Direct Prperty/Casualty Premiums Written. 0 ~:: ::a~~;:~:~~:~ ~~::i~~~ ~:~~:~:::::::::::::::::::::::::::::::::::::::::::::::::::. :::::::::::::::::::::::::::::::::~ 1:::::::::::::::::::::::::::::::::::1:::::::::::::::::::::::::::::::::::1::::::::::::::::::::::::::::::::::::r::::::::::::::::::::::::::::::::::1::::::::::::::::::::::::::::::::::::r:::::::::::::::::::::::::::::::::::r::::::::::::::::::::::::::::::::::::r:::::::::::::::::::::::::::::::::1::::::::::::::::::::::::::::::::::: 17. Amunt Paid fr Prvisin f Health Care Services Amunt ncurred fr Prvisin f Health Care Services 0 (a) Fr health business: number fpersns insured under PPO managed care prducts (b) Fr health premiums written: amunt f Title XV exemptfrm state taxes ffees $ and number f persns underindemnity nly prducts _

54 REPORT FOR: 1. CORPORATON NAC Grup Cde 1199 Ttal Members at end f: ANNUAL STATEMENT FOR THE YEAR 2007 OF THE WellCare Health nsurance f llinis, nc. EXHBT OF PREMUMS, ENROLLMENT AND UTLZATON (a) WeliCare Health nsurance f llinis, nc ,.,--:::-::-:-=::---- _ BUSNESS N THE STATE OF Hawaii 1. Prir Year 1 0 Cmprehensive (Hspital & Medical) 2 3 Ttal ndividual Grup DURNG THE YEAR SUPPlement 5 Visin Onlv 6 Dental Onlv 7 Federal Emplyees Health Benefit Plan (LOCATON) NAC Cmpanv Cde 8 Title XV 9 Title XX Medicaid Other w 5. Current Year 6 Current Year Member Mnths TO~ ::Y~i::n~=~.~~~~.~~..~~~.~~~.~~r~..f~~.~~.a.r: j ~ Nn Physcian ----= ,-----., Ttal Hspital Patient Davs ncurred Number f npatient Admissins Health Premiums Written (b) Life Premiums Direct Prperly/Casualty Premiums Written Health Premiums Earned Prperly/Casualty Premiums Earned Amunt Paid fr Prvisin f Health Care Services Amunt ncurred fr Prvisin f Health Care Services 0 (a) Fr health business: number f persns insured under PPO managed care prducts and numberfpersns under indemnity nly prducts _ (b) Fr health premiums written: amunt f Title XV exemptfrm state taxes ffees $ _

55 REPORT FOR: 1. CORPORATON NAC Grup Cde 1199 Ttal Members atend f: ANNUAL STATEMENT FOR THE YEAR 2007 OF THE WellCare Health nsurance f llinis, nc. EXHBT OF PREMUMS, ENROLLMENT AND UTLZATON (a) WellCare Health nsurance f llinis, nc ::-~=:: _ BUSNESS N THE STATE OF dah (LOCATON) DURNG THE YEAR 2007 NAC Cmpany Cde Cmprehensive (Hspital & Medical) Ttal ndividual Grup Supplement Visin Only Dental Only Federal Emplyees Health Benefit Plan 1. Prir Year ] 0..._-_,..._--,-_......_-.-_ :=~:~;------_:-:--::::::_:' Tille XV Tille XX Medicaid Other (.V CJ 5. Current Year 6 Current Year Member Mnths TO~ ;:Y~::n~~~.~~:~.~~..~:~.~~::~~~..f~~.~~.a.~: ~ Nn Physcian ---.:: j.f j.f Ttal Hspital Patient Days ncurred Number f npatient Admissins f Health Premiums Written (b) L 0, Life Premiums DirecL Prperty/Casualty Premiums Written Health Premiums Earned Prperty/Casualty Premiums Earned 0, Amunt Paid fr Prvisin f Health Care Services Amunt ncurred fr Prvisin f Health Care Services 0 (a) Fr health business: number f persns insured under PPO managed care prducts and number f persns under indemnity nly prducts _ (b) Fr health premiums written: amunt f Title XV exempt frm state taxes f fees $ _

56 ANNUAL STATEMENT FOR THE YEAR 2007 OF THE WellCare Health nsurance f llinis, nc. w r REPORT FOR: 1. CORPORATON NAC Grup Cde 1199 Ttal Members at end f: 5. Current Year WellCare Health nsurance f llinis, nc. BUSNESS N THE STATE OF llinis EXHBT OF PREMUMS, ENROLLMENT AND UTLZATON (a) ~~c;: (LOCATON) DURNG THE YEAR 2007 NAC Cmpanv Cde Cmprehensive (Hspital & Medical\ Ttal ndividual Grue 409 Supplement Visin Onlv Dental Onlv Federal Emplyees Health Benefit Plan 1. Prir Year First Quarter Secnd Quarter Third Quarter Current Year Mernber Mnths 4,249 4,249 Tt ~::::~:~ ~~~:="'~~'': :'':::1 3': _ _ 1- _ _1,': t ~ 9. Ttal 3, , Hspital Patient Davs ncurred Number f npatient Admissins Health Premiums Written (b) J..4, 143,059 L. L L. l l ~ ,143, Life Premiums DirecL Prperly/Casually Premiums Written Health Premiums Earned.4, 143, , 143, Prperly/Casually Premiums Earned Arnunt Paid fr Prvisin f Health Care Services.. 2,963, Arnunt ncurred fr Prvisin f Health Care Services 4,820,462 Title XV...2,963,376 4,820,462 (a) Fr health business: number f persns insured under PPO managed care prducts 0 and number f persns under indemnily nly prducts Title XX Medicaid Other (b) Fr health premiums written: amunt f Title XV exempt frm state taxes f fees $ 4,143,059

57 ANNUAL STATEMENT FOR THE YEAR 2007 OF THE WellCare Health nsurance f llinis, nc. (J,) z REPORT FOR: 1. CORPORATON NAC Grup Cde 1199 Ttal Members at end f: EXHBT OF PREMUMS, ENROLLMENT AND UTLZATON (a) WeliCare Health nsurance f llinis. nc ::--=-=-:-=,,-- _ BUSNESS N THE STATE OF ndiana 1. Prir Year 0 2 First Quarter.. 0 (LOCATON) DURNG THE YEAR 2007 NAC Cmpany Cde Cmprehensive (Hspital & Medical) Ttal ndividual Grup SUPplement 3 Secnd Quarter Third Quarter 0 5. Current Year 6 Current Year Member Mnths 9. Ttal 10. Hspital Patient Days ncurred Visin Only Dental Only Federal Emplyees Health Benefit Plan TO: :;y~i:;n~=~.~~~~:~.~::~.~:~~r~.~~~.~:.~.~: t ~ ~ ~ ~~~ j Nn Physician 11. Number f npatient Admissins = ~ l~ ~ ~ t~ /.-----_. 12. Health Premiums Written (b) L. 0,,.. Tille XV Title XX Medicaid Other 13. Life Premiums Direct Prperty/Casualty Premiums Written Health Premiums Earned Prperty/Casualty Premiums Earned Amunt Paid fr Prvisin f Health Care Services Amunt ncurred fr Prvisin f Health Care Services 0 (a) Fr health business: number f persns insured under PPO managed care prducts and numberfpersns under indemnity nly prducts _ (b) Fr health premiums written: amunt f Title XV exempt frm state taxes ffees $ _

58 REPORT FOR: 1. CORPORATON NAC Grup Cde 1199 Ttal Members at end f: ANNUAL STATEMENT FOR THE YEAR 2007 OF THE WellCare Health nsurance f llinis, nc. EXHBT OF PREMUMS, ENROLLMENT AND UTLZATON (a) WeliCare Health nsurance f llinis, nc ::-==,..-- _ BUSNESS N THE STATE OF wa 1. Prir Year ) 0 2 First Quarter.. 0 :. ~~~~n~u~~:~:.~ :::..:..::..: :::::::: :::::::::::::::::::::::::::::::::~ 5. Current Year 6 Current Year Member Mnths (LOCATON) DURNG THE YEAR 2007 NAC Cmpany Cde Cmprehensive (Hspital & Medical) Ttal ndividual Grup Supplement Visin Only Dental Only Federal Emplyees Health Benefit Plan T:al ::~i::n~~~.~~~t~.~.~~~.~.~~~~:..~~:.~:~.r: ~ 0.) Nn Physc an ---= i f f..----j j ,..---.» 9. Ttal Hsital Patient Davs ncurred 0 Title XV Title XX Medicaid Other 11. Number f npatient Admissins Health Premiums Written (b) Life Premiums Direct Prperty/Casualty Premiums Written Health Premiums Earned Prperty/Casualty Premiums Earned Amunt Paid fr Prvisin f Health Care Services Amunt ncurred fr Prvisin f Health Care Services 0 (a) Fr health business: number fpersns insured under PPO managed care prducts and number f persns under indemnity nly prducts _ (b) Fr health premiums written: amunt f Title XV exempt frm state taxes f fees $ _

59 ANNUAL STATEMENT FOR THE YEAR 2007 OF THE WellCare Health nsurance f llinis, nc. REPORT FOR: 1. CORPORATON NAC Grup Cde 1199 Ttal Members at end f: EXHBT OF PREMUMS, ENROLLMENT AND UTLZATON (a) WellCare Health nsurance f llinis, nc ::-==-. _ BUSNESS N THE STATE OF Kansas (LOCATON) DURNG THE YEAR 2007 NAC Cmpanv Cde Cmprehensive (Hspital & Medical) Ttal ndividual Grup Suplement Visin Onlv Dental Onlv Federal Emplyees Health Benefit Plan Tille XV Tille XX Medicaid Other i~~~~~~,=-i-ii:_:ii~:~i-:i-;-:j:.j 5. Current Year 6 Current Year Member Mnths VJ A (J) T::' ::~~:~~~'~O~=~O':=~'~: ~:::::::::jmm: 9. Ttal Hspital Patient Davs ncurred Number f npatient Admissins 0 mmmmmmfmmmmmlmmm-jmmmmjmmmfmmmmmjmmmmlmmmmmimmmmmj 12. Health Premiums Written (b) 0,......, , Life Premiums DirecL Prperly/Casualty Premiums Written Health Premiums EarnecL Prperly/Casualty Premiums Earned Amunt Paid fr Prvisin f Health Care Services Amunt ncurred fr Prvisin f Health Care Services 0 (a) Fr health business: number f persns insured under PPO managed care prducts and number fpersns under indemnity nly prducts _ (b) Fr health premiums written: amunt f Tille XV exemptfrm state taxes ffees $ _

60 ANNUAL STATEMENT FOR THE YEAR 2007 OF THE WellCare Health nsurance f llinis, nc. c..v ~ REPORT FOR: 1. CORPORATON NAC Grup Cde 1199 Ttal Members at end f: EXHBT OF PREMUMS, ENROLLMENT AND UTLZATON (a) WeliCare Health nsurance f llinis, nc ,,-~== "', _ BUSNESS N THE STATE OF Kentuckv 1. Prir Year 0 2 First Quarter 0 3 Secnd Quarter 0 4. Third Quarter 0 5. Current Year 6 Current Year Member Mnths 9. Ttal Hspital Patient Days ncurred 0 (LOCATON) DURNG THE YEAR 2007 NAC Cmpany Cde Cmprehensive (Hspital & Medical) Ttal ndividual Grup SUPplement Visin OnlY Dental OnlY Federal Emplyees Health Benefit Plan TOr ::Y~i::n~=~.~~t~~.~~:~.~~~~~:.~:~.~~:.~:.... ~ j. Nn Physcian, ---"--',, ---j,_.-_'f i------i j. 11. Number f npatient Admissins Health Premiums Written (b) Life Premiums DirecL _ Prperty/Casualty Premiums Written._ Health Premiums Earned _ Prperty/Casualty Premiums Earned Amunt Paid fr Prvisin f Health Care Services Amunt ncurred fr Prvisin f Health Care Services 0 (a) Fr health business: number f persns insured under PPO managed care prducts and number f persns under indemnity nly prducts _ Tille XV Tille XX Medicaid Other (b) Fr health premiums written: amunt f Tille XV exemptfrm state taxes ffees $ _

61 ANNUAL STATEMENT FOR THE YEAR 2007 OF THE WellCare Health nsurance f llinis, nc. c..v s;: REPORT FOR: 1. CORPORATON N;A;C-GrulJC'de Ttal Members at end f: EXHBT OF PREMUMS, ENROLLMENT AND UTLZATON (a) WellCare Health nsurance f llinis, nc :-:--::-:::-:-=".-- _ BtlSNESS-N-"FHE-S'FA'FE-0F-l:euisiana 1. Prir Year ) 0 2 First Quarter 0 :. ~~~:n~u~~:~~.~::::::::::::: ::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::. ::::::::::::::::::::::.::::::::::~ 5. Current Year 6 Current Year Member Mnths (LOCATON) DURNG THE YEAR 2007 NAC Cmpanv Cde Cmprehensive (Hspital & Medical) Ttal ndividual Grup SUPPlement Visin Onlv Dental Onlv Federal Emplyees Health Benefit Plan T;al ::y~::n~~~~~~t.~~..~~.c.~~~~~r~..f~~.~~.~.~: j ~ j Nn Physcian -::...j , t----_ Ttal Hspital Patient Davs ncurred Number f npatient Admissins Health Premiums Written (b) Life Premiums Direct Prperly/Casually Premiums Written Health Premiums Earned Prperly/Casually Premiums Earned Amunt Paid fr Prvisin f Health Care Services Amunt ncurred fr Prvisin f Health Care Services 0 (a) Fr health business: number f persns insured under PPO managed care prducts (b) Fr health premiums written: amunt f Tille XV exemptfrm state taxes ffees $ and number f persns under indemnily nly prducts _ Tille XV Tille XX Medicaid Other

62 ANNUAL STATEMENT FOR THE YEAR 2007 OF THE WellCare Health nsurance f llinis, nc. w a ~ REPORT FOR: 1. CORPORATON NAC Grup Cde 1199 Ttal Members at end f: EXHBT OF PREMUMS, ENROLLMENT AND UTLZATON (a) WeliCare Health nsurance f llinis, nc ::-==,,-- _ BUSNESS N THE STATE OF Marvland 1. Prir Year 0 2 First Quarter Secnd Quarter Third Quarter Current Year 586 (LOCATON) DURNG THE YEAR 2007 NAC Cmpanv Cde Cmprehensive (Hspital & Medical) Ttal ndividual Gru Supplement Visin Onlv Dental Onlv Federal Emplyees Health Benefit Plan Title XV ::.::::::::::::::':'::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::,:::::::::::::::::::.:::::::::i:::::::::::::::::::::::::::::::::::i:::::::::::::::::::::::::: ::::: :::F: :::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::~: Current Year Member Mnths 6,310 6,310 TO~ ::Y~i::n ~=~.~~~~~.~.~~~..~~~~r~.~~~.~::.r: j 5, ;:~ ,;:~! 1 Nn PhYSCian ---:.= t ~ t , t :..::.:: t Ttal 5, , Hspital Patient Davs ncurred 1,821 1, Number f npatient Admissins Health Premiums Written (b) 6,505, 493 ~ ~,L. J,L..L 6,505, Life Premiums DirecL Prperly/Casualty Premiums Written Health Premiums Earned 6,505, Prperly/Casualty Premiums Earned Amunt Paid fr Prvisin f Health Care Services.. 5,980, Amunt ncurred fr Prvisin f Health Care Services 9,728, Tille XX Medicaid..., 6,505, ~ 5,980,493 9,728,344 (a) Fr health business: number fpersns insured under PPO managed care prducts 0 and number f persns under indemnity nly prducts 0 Other (b) Fr health premiums written: amunt f Tille XV exempt frm state taxes ffees $ 6,505,493

63 a a a a a ANNUAL STATEMENT FOR THE YEAR 2007 OF THE WellCare Health nsurance f llinis, nc. REPORT FOR: 1. CORPORATON NAC Grup Cde 1199 EXHBT OF PREMUMS, ENROLLMENT AND UTLZATON (a) WellCare Health nsurance f llinis, nc ;;-=~c;: (LOCATON) BUSNESS N THE STATE OF Massachusetts DURNG THE YEAR 2007 NAC Cmpanv Cde w s:» Ttal Members at end f: Ttal 1. Prir Year 0 2 First Quarter 0 3 Secnd Quarter 0 4. Third Quarter 0 5. Current Year 6 Current Year Member Mnths Visin Dental Federal Emplyees Health Benefit Title XV Title XX ndividual Grup SUPplement Onlv Onlv Plan Medicaid TO~ ::Y~i::n~:~.~~t~~.~~~~.~~~~=.~~~.~:~.~: 1 ~ Nn Physcian.:...,_ f f i f , i. _ 9. Ttal Hspital Patient Davs ncurred Number f npatient Admissins Health Premiums Written (b) 0 Other 13. Life Premiums Direct Prperty/Casualty Premiums Written _ Health Premiums Earned Prperty/Casualty Premiums Earned Amunt Paid fr Prvisin f Health Care Services Amunt ncurred fr Prvisin f Health Care Services 0 (a) Fr health business: numberf persns insured under PPO managed care prducts and number f persns underindemnity nly prducts " _..t.. O (b) Fr health premiums written: amunt f Title XV exempt frm state taxes ffees $ _

64 ANNUAL STATEMENT FOR THE YEAR 2007 OF THE WellCare Health nsurance f llinis, nc. REPORT FOR: 1. CORPORATON NAC Grup Cde 1199 Ttal Members at end f: EXHBT OF PREMUMS, ENROLLMENT AND UTLZATON (a) WeliCare Health nsurance f llinis, nc ,,--=-:-:-= BUSNESS N THE STATE OF Michian (LOCATON) NAC Cmpanv Cde DURNG THE YEAR Cmprehensive (Hspital & Medical) Ttal ndividual Grup Supplement Visin Onv Dental Onlv Federal Emplyees Health Benefit Plan Title XV Title XX Medicaid Other w ~ 1. Prir Year :. ;:~:~~rt:~~r:. :'.:":::::::::::"::..:::::':.:':::.:'::"::::':::::..::::':::::::::::.::":::.::::::"::.~:::': :::::::::::::::::::::::::::::::::: 5. Current Year 6 Current Year Member Mnths T;al ::y~::n~=~.~~t~~..~~~.~~~~~~~..~~~.~~.~.~: j ~ Nn Physician ----::~., 9. Ttal Hspital Patient Davs ncurred Number f npatient Admissins Health Premiums Written (b) ~ ~ j Life Premiums Direct Prperty/Casualty Premiums Written Health Premiums Eamed Prperty/Casualty Premiums Earned Amunt Paid fr Prvisin f Health Care Services Amunt ncurred fr Prvisin f Health Care Services 0 (a) Fr health business: number f persns insured under PPO managed care prducts and numberfpersns under indemnity nly prducts _ (b) Fr health premiums written: amunt f Title XV exempt frm state taxes ffees $ _

65 ANNUAL STATEMENT FOR THE YEAR 2007 OF THE WellCare Health nsurance f llinis, nc. REPORT FOR: 1. CORPORATON EXHBT OF PREMUMS, ENROLLMENT AND UTLZATON (a) WeliCare Health nsurance f llinis. nc. 2. ~::-:-==::: _ NAC Grup Cde 1199 BUSNESS N THE STATE OF Minnesta DURNG THE YEAR 2007 Cde u:> s: z Ttal Members at end f: Ttal 1. Prir Year 0 2 First Quarter 63 3 Secnd Quarter Third Quarter Current Year 79 Federal Emplyees Visin Dental Health Benefit Title XV Title XX ndividual 1 Grup 1 SUPplement Onlv Onlv Plan Medicaid...} 0.:::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::: ::::::::::::::::::::::::::::::::::::: :::::::::::::::::::::::::::::::~;...81 TOr ::~:::O"O~~:'::~~f:~':= ~::. _ :: _ _ ::: 1 6 Current Year Member Mnths Ttal Hspital Patient Days ncurred Number f npatient Admissins Health Premiums Written (b) ~ ~ ~ l J ~ L Life Premiums Direct Prperly/Casualty Premiums Written Health Premiums Earned Prperly/Casualty Premiums Earned Amunt Paid fr Prvisin f Health Care Services Amunt ncurred fr Prvisin f Health Care Services Other AOO (a) Fr health business: number fpersns insured under PPO managed care prducts 0 and number f persns underindemnity nly prducts 0 (b) Fr health premiums written: amunt f Title XV exempt frm state taxes f fees $

66 ANNUAL STATEMENT FOR THE YEAR 2007 OF THE WellCare Health nsurance f llinis, nc. REPORT FOR: 1. CORPORATON WeilCare Health nsurance f llinis. nc. EXHBT OF PREMUMS, ENROLLMENT AND UTLZATON (a) ~=-:c: NAC Grup Cde 1199 BUSNESS N THE STATE OF Mississippi DURNG THE YEAR 2007 Cde v:> ~ C/) Ttal Members at end f: 1. Prir Year 0 2 First Quarter Secnd Quarter Third Quarter Current Year Ttal Federal Emplyees Visin Dental Health Benefit Title XV Title XX ndividual Grup Supplement Onlv Onlv Plan Medicaid ::::::::::::::::::::::::::::::::::::r:::::::::::::::::::::::::::::::::::r::::::::::::::::::::::::::::::::::r::::::::::::::::::::::::::::::::::r::::::::::::::::::::::::::::::::::r:::::::::::::::::::::::::::::::::::r::::::::::::::::::::::::;.:;~~ , ,243 1 _._ u 1- ' 2 6 Current Year Member Mnths Ttal Member Ambulatry Encunters fr Year: 7. Physician Nn-Physician Ttal 19, Hspital Patient Davs ncurred Numberf npatientadmissins Health Premiums Written (b) ~ J ~ J l ~ L Life Premiums Direct Prperty/Casualty Premiums Written Health Premiums Earned , Prperty/Casualty Premiums Earned Amunt Paid fr Prvisin f Health Care Services Amunt ncurred fr Prvisin f Health Care Services 14, , ,798,176 (a) Fr health business: number f persns insured under PPO managed care prducts 0 and number f persns under indemnity nly prducts 0, Other (b) Fr health premiums written: amuntf Title XV exempt frm state taxes ffees $

67 REPORT FOR: 1. CORPORATON NAC Grup Cde 1199 Ttal Members at end f: ANNUAL STATEMENT FOR THE YEAR 2007 OF THE WellCare Health nsurance f llinis, nc. EXHBT OF PREMUMS, ENROLLMENT AND UTLZATON (a) WeliCare Health nsurance f llinis, nc ::-==.,-- _ BUSNESS N THE STATE OF Missuri 1. Prir Year 0 2 First Quarter. 0 3 Secnd Quarter 0 4. Third Quarter 0 (LOCATON) DURNG THE YEAR 2007 NAC Cmpanv Cde Cmprehensive (Hspital & Medical) Ttal ndividual Gru Suplement Visin Onlv Dental Onlv Federal Emplyees Health Benefit Plan Title XV Title XX Medicaid Other w s::: 5. Current Year 0 6 Current Year Member Mnths 0 TOr ::y~i::n~~~.~~t~~.~:~~.~:~~~:.~:~.~:~.~: 1 ~ Nn Physician 9. Ttal Hspital Patient Davs ncurred Number f npatient Admissins Health Premiums Written (b) 0 r =...; r r--.--t-..-~ j.-----;._-_.._ Life Premiums Direct Prperty/Casualty Premiums Written Health Premiums Earned Prperty/Casualty Premiums Earned Amunt Paid fr Prvisin f Health Care Services Amunt ncurred fr Prvisin f Health Care Services 0 (a) Fr health business: number f persns insured under PPO managed care prducts and numberfpersns under indemnity nly prducts (b) Fr health premiums written: amunt f Title XV exemptfrm state taxes ffees $

68 ANNUAL STATEMENT FOR THE YEAR 2007 OF THE WellCare Health nsurance f llinis, nc. w a ~ --l REPORT FOR: 1. CORPORATON NAC Grup Cde 1199 Ttal Members at end f: EXHBT OF PREMUMS, ENROLLMENT AND UTLZATON (a) WellCare Health nsurance f llinis, nc. 2. -,.,-::-::-:-::::-=..".- _ (LOCATON) BUSNESS N THE STATE OF Mntana DURNG THE YEAR 2007 NAC Cmpanv Cde Cmprehensive (Hspital & Medical) Prir Year 0 2 First Quarter 5 3 Secnd Quarter 7 4. Third Quarter Ttal ndividual Grup Supplement Visin Onlv Dental Onlv Federal Emplyees Health Benefit Plan Title XV ~~:; ~:~~ ~ ;J~~~.~.:~~~=t ;~~j 5. Current Year Current Year Member Mnths TT' ::::::::"'::~~~=":~~f~~~::'.....mmmmm~ ~ m.mm fm.mm mlmmmmmrm.m m mm m.m r mmm.m~ 9. Ttal Hspital Patient Davs ncurred Number f npatient Admissins Health Premiums Written (b) 37, 177 L L L L l L L 37, Life Premiums DirecL Prperty/Casualty Premiums Written Health Premiums Earned 37, Prperty/Casualty Premiums Earned Amunt Paid fr Prvisin f Health Care Services. 24, Amunt ncurred fr Prvisin f Health Care Services 39,277 (a) Fr health business: number fpersns insured under PPO managed care prducts Title XX Medicaid......, , , ,146 39,277 and numberfpersns under indemnity nly prducts 0 Other (b) Fr health premiums written: amunt f Title XV exempt frm state taxes ffees $ 37,177

69 ANNUAL STATEMENT FOR THE YEAR 2007 OF THE WellCare Health nsurance f llinis, nc. REPORT FOR: 1. CORPORATON NAC Grup Cde 1199 Ttal Members at end f: EXHBT OF PREMUMS, ENROLLMENT AND UTLZATON (a) WeliCare Health nsurance f llinis. nc ,.,...,.."...,.=::- _ BUSNESS N THE STATE OF Nebraska (LOCATON) DURNG THE YEAR 2007 NAC Cmpany Cde Cmprehensive (Hspital & Medical) Ttal ndividual Grup SUPplement Visin Onlv Dental Onlv Federal Emplyees Health Benefit Plan Tille XV Title XX Medicaid Other ~ ~~~;c::~-i~~:=:~_-~il:::;~--~ c..v z m 5. Current Year 6 Current Year Member Mnths Tt :;Y~i::n ~~~.~~:~:~.~~:~.~~~~~:.~:~.~:~.~: ~ ~ Nn Physcian 9. Ttal Hspital Patient Davs ncurred Number f npatient Admissins Health Premiums Written (b) 0 f---.-~.---_._-----_._ f-.. -_-+ -/-- _ 13. Life Premiums Direcl Prperly/Casualty Premiums Writtell Health Premiums Earned Prperly/Casualty Premiums Earned Amunt Paid fr Prvisin f Health Care Services Arnunt ncurred fr Prvisin f Health Care Services 0 (a) Fr health business: nurnber f persns insured under PPO managed care prducts and nurnber f persns under indemnity nly prducts _ (b) Fr health premiums written: amunt f Title XV exemptfrm state taxes ffees $ _

70 ANNUAL STATEMENT FOR THE YEAR 2007 OF THE WellCare Health nsurance f llinis, nc. <..V Z < REPORT FOR: 1. CORPORATON NAC Grup Cde 1199 Ttal Members at end f: EXHBT OF PREMUMS, ENROLLMENT AND UTLZATON (a) WellCare Health nsurance f llinis. nc :-:-=:-:-::::-::-:-=- _ (LOCATON) BUSNESS N THE STATE OF Nevada DURNG THE YEAR 2007 NAC Cmpany Cde Cmprehensive (Hspital & Medical) Federal Emplyees Visin Dental Health Benefit Tille XV Tille XX Ttal ndividual Grup Supplement Only Only Plan Medicaid Other 1. Prir Year 0 2 First Quarter 0 3 Secnd Quarter 0 4. Third Quarter 0 5. Current Year 0 6 Current Year Member Mnths 0 Tt ::y~i::n~=~.~~:~=~.~~:~.~~~:~~.~~:.~:~.~: j ~ ~ ~ ~, Nn Physician ---" f / Ttal Hspital Patient Days ncurred Number f npatient Admissins Health Premiums Written (b) Life Premiums Direcl Prperty/Casualty Premiums Written. '" Health Premiums Earned Prperty/Casualty Premiums Earned Amunt Paid fr Prvisin f Health Care Services Amunt ncurred fr Prvisin f Health Care Services 0 (a) Fr health business: number f persns insured under PPO managed care prducts and number f persns under indemnity nly prducts _ (b) Fr health premiums written: amunt f Tille XV exempt frm state taxes f fees $ _

71 ANNUAL STATEMENT FOR THE YEAR 2007 OF THE WellCare Health nsurance f llinis, nc. REPORT FOR: 1. CORPORATON NAC Grup Cde 1199 EXHBT OF PREMUMS, ENROLLMENT AND UTLZATON (a) WeliCare Health nsurance f llinis. nc ::-=:-:=-::-- _ (LOCATON) BUSNESS N THE STATE OF New Jersev DURNG THE YEAR 2007 NAC Cmpany Cde w Z c... Ttal Members at end f: Ttal 1. Prir Year ( 0 2 First Quarter 221 :. ~~~:n~u~~:~~~::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::: :::::::::::::::::::::::::::::::~ Current Year 380 Visin Dental Federal Emplyees Health Benefit Title XV Title XX ndividual Grup Supplement Onlv Onv Plan Medicaid 6 Current Year Member Mnths TOr ~;y~i:~n ~~~.~~~~.~.~::~.~:~~~~.~::.~~~~: j 2.~~~ : 2.~~~ Nn Physician :::=..: _ :::.::..: , Ttal Hspital Patient Davs ncurred Number f npatient Admissins Health Premiums Written (b) ~ J l J J J Life Premiums DirecL Prperty/Casualty Premiums Written Health Premiums Earned Prperty/Casualty Premiums Earned Amunt Paid fr Prvisin f Health Care Services.1.811, Amunt ncurred fr Prvisin f Health Care Services (a) Fr health business: number f persns insured under PPO managed care prducts 0 and number f persns under indemnity nly prducts 0 Other (b) Fr health premiums written: amunt f Title XV exempt frm state taxes f fees $ 4.544,452

72 ANNUAL STATEMENT FOR THE YEAR 2007 OF THE WellCare Health nsurance f llinis, nc. REPORT FOR: 1. CORPORATON EXHBT OF PREMUMS, ENROLLMENT AND UTLZATON (a) WeliCare Health nsurance f llinis, nc :-::=:-::: NAC Grup Cde 1199 BUSNESS N THE STATE OF New Mexic DURNG THE YEAR 2007 Cde w Z s: Ttal Members at end f: Ttal 1. Prir Year 0 2 First Quarter. 0 3 Secnd Quarter 0 4. Third Quarter 0 5. Current Year 6 Current Year Member Mnths Federal Emplyees Visin Dental Health Benefit Title XV Title XX ndividual Grup Supplement Onlv Onlv Plan Medicaid TOr ;;y~i::n~=~.~~:t:~.~::~.~:~~~:..f~~.~:~.r: j ~ Nn Physician 9. Ttal Hspital Patient Days ncurred Number f npatient Admissins Health Premiums Written (b) Life Premiums DirecL _._ Prperty/Casualty Premiums Writtell Health Premiums Earned Prperty/Casualty Premiums Earned Amunt Paid fr Prvisin f Health Care Services _ Amunt ncurred fr Prvisin f Health Care Services 0 (a) Fr health business: number f persns insured under PPO managed care prducts ---'-' t ' f f f f and numberfpersns under indemnity nly prducts _ Other (b) Frhealth premiums written: amunt f Title XV exemptfrm state taxes ffees $ _

73 ANNUAL STATEMENT FOR THE YEAR 2007 OF THE WellCare Health nsurance f llinis, nc. REPORT FOR: 1. CORPORATON NAC Grup Cde 1199 EXHBT OF PREMUMS, ENROLLMENT AND UTLZATON (a) WeliCare Health nsurance f llinis, nc. 2. ~=-;:----_- (LOCATON) BUSNESS N THE STATE OF Nrth Dakta DURNG THE YEAR 2007 NAC Cmpanv Cde c..v Z Ttal Members at end f: Ttal 1. Prir Year 0 2 First Quarter. 0 3 Secnd Quarter 0 4. Third Quarter 0 5. Current Year 6 Current Year Member Mnths Federal Emplyees Visin Dental Health Benefit Tille XV Tille XX ndividual Grup Supplement Onlv Onlv Plan Medicaid T;al ::y~i:=n~=~.~~:t:~.~~::~~:~~:.~~:.~~~.r: j ~! Nn Physician -----= i j i.' , j Ttal Hspital Patient Davs ncurred Number f npatient Admissins Health Premiums Written (b) Life Premiums Direct Prperty/Casualty Premiums Written Health Premiums Earned Prperty/Casualty Premiums Earned Amunt Paid fr Prvisin f Health Care Services Amunt ncurred fr Prvisin f Health Care Services 0 (a) Fr health business: number f persns insured under PPO managed care prducts and number fpersns underindemnity nly prducts _ Other (b) Fr health premiums written: amunt f Tille XV exempt frm state taxes ffees $ _

74 ANNUAL STATEMENT FOR THE YEAR 2007 OF THE WellCare Health nsurance f llinis, nc. c..v REPORT FOR: 1. CORPORATON NAC Grup Cde 1199 Ttal Members at end f: EXHBT OF PREMUMS, ENROLLMENT AND UTLZATON (a) WeliCare Health nsurance f llinis, nc ::-~=::_:_::----_--- BUSNESS N THE STATE OF Ohi ~ ~~~~~~-~;:;;=;;:;;:_::J;;:'_~~ 5. Current Year 6,851 (LOCATON) DURNG THE YEAR 2007 NAC Cmpany Cde Cmprehensive (Hspital & Medical) Ttal ndividual Grup Supplement Visin Onlv Dental Onlv Federal Emplyees Health Benefit Plan Title XV ::::::::::::::::::::::::::::::::::J:::::::::::::::::::::::::::::::::::1:::::::::::::::::::.:::::::::::::::r::::::::::::::::::::::::::::::::::1:::::::::::::::::::::::::::::::::::r::::::::::::::::::::::::::::::::::::r:::::::::::::::::::::::::~',~~~...6, ,993 6 Current Year Member Mnths 72,637 72,637 Ttal Member Ambulatry Encunters fr Year: 7. Physician.76,413.76, Nn-Physician 22,128 22, Ttal 98, , HspitalPalientDayslncurred 1 23, , NumberflnpatientAdmissins 3, , Health Premiums Written (b).74,151,275 L!,... L. J....L...74, 151, Life Premiums DirecL Prperty/Casualty Premiums Written Health Premiums Eamed..74, 151, ,151, Prperty/Casualty Premiums Eamed, Amunt Paid fr Prvisin f Health Care Services.. 39,088, Amunt ncurred fr Prvisin f Health Care Services 63,584,863 (a) Fr health business: number fpersns insured under PPO managed care prducts (b) Fr health premiums written: amuntf Title XV exempt frm state taxes ffees $ 74,151, ,088,755 63,584,863 and number f persns under indemnity nly prducts 0 6,851 Title XX Medicaid Other

75 ANNUAL STATEMENT FOR THE YEAR 2007 OF THE WellCare Health nsurance f llinis, nc. REPORT FOR: 1. CORPORATON EXHBT OF PREMUMS, ENROLLMENT AND UTLZATON (a) WeliCare Health nsurance f llinis. nc. 2. -::-:::-:::-=:--- _ NAC Grup Cde 1199 BUSNESS N THE STATE OF Oklahma DURNG THE YEAR 2007 Cde Ttal Members at end f: Ttal 1. Prir Year First Quarter. 0. Federal Emplyees Visin Dental Health Benefit Tille XV Title XX ndividual Grup SUPplement Onlv Onlv Plan Medicaid Other c.n A :. ~~~:n~u~~:~~~ :..:..:..:..:..:..:..::..:: :..:..:..::..: :::::::::::::::::::::::::::::::::~, " , ~. 5. Current Year 6 Current Year Member Mnths 10. Hspital Patient Days ncurred 0 T;al :h:~:i:~~=.~~~~:~~..~~~.~~~:~~.~..~~~.~~.a.r: j ~ j Nn Physician -' ' i '.. 9. Ttal Number f npatient Admissins Health Premiums Written (b) Life Premiums DirecL Prperty/Casualty Premiums Written Health Premiums Earned Prperty/Casualty Premiums Earned : Amunt Paid fr Prvisin f Health Care Services Amunt ncurred fr Prvisin f Health Care Services 0 (a) Fr health business: number fpersns insured underppo managed care prducts and number f persns under indemnity nly prducts _ (b) Fr health premiums written: amunt f Tille XV exemptfrm state taxes ffees $ _

76 ANNUAL STATEMENT FOR THE YEAR 2007 OF THE WellCare Health nsurance f llinis, nc. w a :::0 REPORT FOR: 1. CORPORATON NAC Grup Cde 1199 Ttal Members at end f: EXHBT OF PREMUMS, ENROLLMENT AND UTLZATON (a) WeliCare Health nsurance f llinis, nc ;;-==::-- _ BUSNESS N THE STATE OF Oregn 1. Prir Year._ _._._._....._..0 2 First Quarter _._ Secnd Quarter. _.._.. _._ Third Quarter _ 0 5. Current Year 0 6 Current Year Member Mnths 0 (LOCATON) NAC Cmpany Cde DURNG THE YEAR Cmprehensive (Hspital & Medical) Ttal ndividual Grup Supplement Visin Onlv Dental Only Federal Emplyees Health Benefit Plan TO~ ::y~:i:n~~.~.~~:~~~..~~~.~~~.~~~~..f:~.~~.a.~: -j ~ j j Nn Phy~aan 9. Ttal Hspital Patient Days ncurred Number f npatient Admissins Health Premiums Written (b) Life Premiums DirecL _ Prperty/Casualty Premiums Written _ Health Premiums Earned ~~~"~~~.~_ ~~.~_ ~~~_ ~~_~~~_~~~~~~~- ~~ ~~~_ 16. Prperty/Casualty Premiums Eamed. _ _.._..._ _..... _.._ _ Amunt Paid fr Prvisin f Health Care Services _...._ Amunt ncurred fr Prvisin f Health Care Services 0 (a) Fr health business: number fpersns insured under PPO managed care prducts (b) Fr health premiums written: amunt f Title XV exempt frm state taxes f fees $ and number f persns under indemnity nly prducts _ Title XV Title XX Medicaid Other

77 ANNUAL STATEMENT FOR THE YEAR 2007 OF THE WellCare Health nsurance f llinis, nc. REPORT FOR: 1. CORPORATON EXHBT OF PREMUMS, ENROLLMENT AND UTLZATON (a) WeliCare Health nsurance f llinis, nc ;:-::==- _ NAC Grup Cde 1199 BUSNESS N THE STATE OF PennsYlvania DURNG THE YEAR 2007 Cde Ttal Visin Dental Federal Emplyees Health Benefit Tille XV Title XX ndividual Grup Supplement Only Only Plan Medicaid Other c..v J» TO~ ;r~7~::~ ~~.::~..~~: j O ] 0 2 First Quarter :. ~~~:n~u~~:~~~:::::::::::::::::. ::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::: :::::::::::::::::::::::::::::;~~.::::::::::::::::::::::::::::::::::::: ::::::::::::::::::::::::::::::::::::: ::::::::::::::::::::::::::::::::::::: :::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::: ::::::::::::::::::::::::::::::::::::: :::::::::::::::::::::::::::::;~~ 5. Current Year Current Year Member Mnths 7,874 7,874 Ttal Member Ambulatry Encunters fr Year: 7. Physician 9,734 9, Nn-Physician 3,040 3, Ttal 12, , Hspital Patient Days ncurred 4,203 4, NumberflnpalientAdmissins Health Premiums Written (b)..7,578, l 1 1!.L 7,578, Life Premiums Direct Prperly/Casually Premiums Written Health Premiums Earned..7,578,221 "..7,578, Prperly/Casually Premiums Earned 0,, Amunt Paid fr Prvisin f Health Care Services 18. Amunt ncurred fr Prvisin f Health Care Services.7,217,791 11,741, ,217,791 11,741,029 (a) Fr health business: number f persns insured under PPO managed care prducts 0 and number fpersns under indemnily nly prducts (b) Fr health premiums written: amunt f Title XV exemptfrm state taxes ffees $ 7.578,221

78 ANNUAL STATEMENT FOR THE YEAR 2007 OF THE WellCare Health nsurance f llinis, nc. REPORT FOR: 1. CORPORATON EXHBT OF PREMUMS, ENROLLMENT AND UTLZATON (a) WeliCare Health nsurance f llinis, nc ::-::-:::-:-==,.,,- _ NAC Grup Cde 1199 BUSNESS N THE STATE OF Rhde sland DURNG THE YEAR 2007 Cde c.v ::u Ttal Members at end f: Ttal 1. Prir Year 0 2 First Quarter 0 3 Secnd Quarter 0 4. Third Quarter 0 5. Current Year 6 Current Year Member Mnths Ttal Member Ambulatry Encunters fr Year: 7. Physician. 8. Nn-Physician. 9. Ttal 10. Hspital Patient Days ncurred 11. Numberf npatient Admissins Health Premiums Written (b) 0 Federal Emplyees Visin Dental Health Benefit Title XV Title XX ndividual Grup Supplement Only Only Plan Medicaid Other 13. Life Premiums DirecL Prperly/Casualty Premiums Written Health Premiums Eamed Prperly/Casualty Premiums Earned Amunt Paid fr Prvisin f Health Care Services Amunt ncurred fr Prvisin f Health Care Services 0 (a) Fr health business: number f persns insured under PPO managed care prducts and numberfpersns under indemnity nly prducts (b) Fr health premiums written: amunt f Title XV exempt frm state taxes ffees $

79 ANNUAL STATEMENT FOR THE YEAR 2007 OF THE WellCare Health nsurance f llinis, nc. REPORT FOR: 1. CORPORATON WellCare Health nsurance f llinis, nc. EXHBT OF PREMUMS, ENROLLMENT AND UTLZATON (a) ~=:::':c;: NAC Grup Cde 1199 BUSNESS N THE STATE OF Suth Carlina DURNG THE YEAR 2007 Cde w (j) () Ttal Members at end f: Ttal ~ ~~~~;~:~-_~~:-=_~;-::i::i:~_-~d:~:~=~=j 5. Current Year 6 Current Year Member Mnths Visin Dental Federal Emplyees Health Benefit Title XV Title XX ndividual Grup Supplement Onlv Onlv Plan Medicaid T;al :;Y~i::n~~~.~~~~=~.~:~=~:~::.~~~.~~.~.r:.... ~ ~ Nn Physician ---= ' ~.._------' Ttal Hspital Patient Davs ncurred Number f npatient Admissins Health Premiums Written (b) Life Premiums DirecL Prperty/Casualty Premiums Written Health Premiums Earned Prperty/Casualty Premiums Earned Amunt Paid fr Prvisin f Health Care Services Amunt ncurred fr Prvisin f Health Care Services 0 (a) Fr health business: number f persns insured underppo managed care prducts and number fpersns underindemnity nly prducts (b) Fr health premiums written: amuntf Title XV exemptfrm state taxes ffees $ Other

80 ANNUAL STATEMENT FOR THE YEAR 2007 OF THE WellCare Health nsurance f llinis, nc. REPORT FOR: 1. CORPORATON EXHBT OF PREMUMS, ENROLLMENT AND UTLZATON (a) WellCare Health nsurance f llinis, nc. 2. ~::-:-=,.,, ----_- NAC Grup Cde 1199 BUSNESS N THE STATE OF Suth Dakta DURNG THE YEAR 2007 Cde w (J) Ttal Members at end f: Ttal 1. Prir Year 0 2 First Quarter Secnd Quarter 0 4. Third Quarter 0 5. Current Year 6 Current Year Member Mnths Visin Dental Federal Emplyees Health Benefit Title XV Title XX ndividual Grup Supplement Onlv Onlv Plan Medicaid T;al :y~i::n~~~.~~~t.~~.~~~.~.~~~~~:..~::.~~~~:..~ Nn Physician i "-i..--i--..--i-----i--.i _ _--i Ttal Hspital Patient Davs ncurred Number f npatient Admissins Health Premiums Written (b) 0 Other 13. Life Premiums Direct Prperty/Casualty Premiums Written Health Premiums Earned Prperty/Casualty Premiums Earned Amunt Paid fr Prvisin f Health Care Services Amunt ncurred fr Prvisin f Health Care Services 0 (a) Fr health business: number f persns insured under PPO managed care prducts and number fpersns under indemnity nly prducts (b) Fr health premiums written: amunt f Title XV exempt frm state taxes f fees $

81 ANNUAL STATEMENT FOR THE YEAR 2007 OF THE WellCare Health nsurance f llinis, nc. REPORT FOR: 1. CORPORATON NAC Grup Cde 1199 EXHBT OF PREMUMS, ENROLLMENT AND UTLZATON (a) WellCare Health nsurance f llinis. nc ::-=:-:-=-::--- _ (LOCATON) BUSNESS N THE STATE OF Tennessee DURNG THE YEAR 2007 NAC Cmpanv Cde w :.; Z Ttal Members at end f: Ttal 1. Prir Year 0 2 First Quarter Secnd Quarter Third Quarter Current Year 455 Federal Emplyees Visin Dental Health Benefit Title XV Title XX ndividual Grup Supplement Only Only Plan Medicaid Current Year Member Mnths Ttal Member Ambulatry Encunters fr Year: 7. Physician Nn-Physician Ttal Hspital Patient Davs ncurred Number f npatient Admissins Health Premiums Written (b) ~ ~ l ~ J L Life Premiums Direct Prperty/Casualty Premiums Written Health Premiums Earned Prperty/Casualty Premiums Earned Amunt Paid fr Prvisin f Health Care Services Amunt ncurred fr Prvisin f Health Care Services 5.975, ,795 (a) Fr health business: number f persns insured under PPO managed care prducts 0 and number f persns under indemnity nly prducts Other (b) Fr health premiums written: amunt f Title XV exempt frm state taxes ffees $

82 ~.._ a a 743 a ANNUAL STATEMENT FOR THE YEAR 2007 OF THE WellCare Health nsurance f llinis, nc. w C - REPORT FOR: 1. CORPORATON NAC Grup Cde 1199 Ttal Members at end f: EXHBT OF PREMUMS, ENROLLMENT AND UTLZATON (a) WeliCare Health nsurance f llinis, nc ;:-==::-- _ BUSNESS N THE STATE OF Utah 1. Prir Year 0 2 First Quarter Secnd Quarter Third Quarter Current Year 247 (LOCATON) NAC Cmpany Cde DURNG THE YEAR Cmprehensive (Hspital & Medical) Ttal ndividual Grup. Supplement Visin Onv Dental Onlv Federal Emplyees Health Benefit Plan 6 Current Year Member Mnths 2,510 2,510 TT' ~:::~:.':~~::~~?:f"::~::~::=: 2'::[ 1 ' 1 t l r 2':: 9. Ttal 2, , Hspital Patient Days ncurred Number f npatient Admissins Health Premiums Written (b) 2,290,910 l.1. l j 2,290, Life Premiums Direct Prperly/Casualty Premiums Written Health Premiums Earned 2,290, Prperly/Casualty Premiums Earned Arnunt Paid fr Prvisin f Health Care Services B68, Amunt ncurred fr Prvisin f Health Care Services 1,412,999 Title XV Title XX Medicaid ,290, ~...., ~ B68,640 1,412,999 (a) Frhealth business: nurnberfpersns insured under PPO managed care prducts 0 and nurnberfpersns underindernnity nly prducts 0 (b) Fr health premiurns written: amunt f Title XV exemptfrrn state taxes ffees $ 2,290,910 Other

83 REPORT FOR: 1. CORPORATON NAC Grup Cde 1199 Ttal Members at end f: a a 743 a 4 7 a a a ANNUAL STATEMENT FOR THE YEAR 2007 OF THE WellCare Health nsurance f llinis, nc. EXHBT OF PREMUMS, ENROLLMENT AND UTLZATON (a) WeliCare Health nsurance f llinis. nc ;;-==~ _ BUSNESS N THE STATE OF VirQinia 1. Prir Year 0 2 First Quarter 0 3 Secnd Quarter 0 4. Third Quarter 0 5. Current Year 6 Current Year Member Mnths (LOCATON) NAC Cmpanv Cde DURNG THE YEAR Cmprehensive (Hspital & Medical) Ttal ndividual Grup SUPplement Visin Onlv Dental Onlv Federal Emplyees Health Benefit Plan Title XV Tille XX Medicaid Other w ~ TO~ ::y~i::n~~~.~~t~.~.~::~.~:~~~:..~~:.~:~.~: j ~ j Nn Physician -----"-1.i--.-.t i j.i--.--t-.. -_ _ Ttal Hspital Patient Days ncurred Number f npatient Admissins Health Premiums Written (b) Life Premiums Direct PrpertY/Casualty Premiums Writtell Health Premiums Earned PrpertY/Casualty Premiums Earned Arnunt Paid fr Prvisin f Health Care Services Amunt ncurred fr Prvisin f Health Care Services 0 (a) Fr health business: nurnber f persns insured under PPO rnanaged care prducts and number f persns under indemnity nly prducts (b) Fr health premiurns written: arnunt f Tille XV exempt frm state taxes f fees $

84 ANNUAL STATEMENT FOR THE YEAR 2007 OF THE WellCare Health nsurance f llinis, nc. c.v a ~ REPORT FOR: 1. CORPORATON NAC Grup Cde 1199 Ttal Members at end f: WellCare Health nsurance f llinis, nc. BUSNESS N THE STATE OF Washingtn Ttal 1. Prir Year 0 2 First Quarter Secnd Quarter Third Quarter Current Year 825 EXHBT OF PREMUMS, ENROLLMENT AND UTLZATON (a) DURNG THE YEAR 2007 (LOCATON) NAC Cmpany Cde Federal Emplyees Visin Dental Health Benefit Title XV Title XX ndividual Grup Supplement Only Only Plan Medicaid ;;-:::-:-:=c;: Current Year Member Mnths 9,446 9,446 Ttal Member Ambulatry Encunters fr Year: :: ::~~~~::;~i~ ~ ::..:.:.:.::..:.:.:::.:::.: :..::::: ::..:::::: ::..::..: :..::: : : ~: :;~. ~: :;~ Ttal 11, , Hspital Patient Davs ncurred 1,312 1, Number f npatient Admissins Health Premiums Written (b) 7,957,472 L....,L ,957, Life Premiums Direct Prperty/Casualty Premiums Written Health Premiums Earned...7,957, Prperty/Casualty Premiums Eamed Amunt Paid fr Prvisin f Health Care Services 3,440, Amunt ncurred fr Prvisin f Health Care Services 5,595, ,957, ~ 3,440,010 5,595,792 (a) Fr health business: numberf persns insured under PPO managed care prducts 0 and number fpersns under indemnity nly prducts Other (b) Fr health premiums written: amuntf Tille XV exempt frm state taxes f fees $ 7,957,472

85 a a 743 a ANNUAL STATEMENT FOR THE YEAR 2007 OF THE WellCare Health nsurance f llinis, nc. CJ,) ~ REPORT FOR: 1. CORPORATON NAC Grup Cde 1199 Ttal Members at end f: EXHBT OF PREMUMS, ENROLLMENT AND UTLZATON (a) WeliCare Health nsurance f llinis, nc ,,-==,--- _ BUSNESS N THE STATE OF West Virqinia (LOCATON) DURNG THE YEAR 2007 NAC Cmpany Cde Cmprehensive (Hspital & Medical) Ttal ndividual Grup Supplement Visin Onlv Dental Onlv Federal Emplyees Health Benefit Plan ~ t;~~~:~c-::::;-:_:-;::_:--:::,:::::t:::--:t:~ ---:::-:::-~::-:::-:-::::::~::::::::::::;r:-;:::-:=~ 5. Current Year Current Year Member Mnths 7,057 7,057 Ttal Member Ambulatry Encunters fr Year: 7. Physician...7, , Nn-Physician 1,530 1, Ttal 8, , Hspital Patient Davs ncurred J 1,330 1, Number f npatient Admissins Health Premiums Written (b) 6,737, 073 ~ l.. t ~ 6,737, Life Premiums Direct Prperty/Casualty Premiums Writtell Health Premiums Earned 6,737, Prperty/Casualty Premiums Earned Amunt Paid fr Prvisin f Health Care Services.. 2,332, Amunt ncurred fr Prvisin f Health Care Services 3,793,461 Title XV 738 Title XX Medicaid...6,737, , ,793,461 (a) Fr health business: number fpersns insured under PPO managed care prducts 0 and numberfpersns under indemnity nly prducts a Other (b) Fr health premiums written: amunt f Title XV exemptfrm state taxes ffees $ 6,737,073

86 ANNUAL STATEMENT FOR THE YEAR 2007 OF THE WellCare Health nsurance f llinis, nc. REPORT FOR: 1. CORPORATON EXHBT OF PREMUMS, ENROLLMENT AND UTLZATON (a) WeliCare Health nsurance f llinis, nc. 2. ~=; NAC Grup Cde 1199 BUSNESS N THE STATE OF Wiscnsin DURNG THE YEAR 2007 Cde w ~ Ttal Members at end f: 1. Prir Year 0 2 First Quarter Secnd Quarter Third Quarter Current Year Ttal 762 Federal Emplyees Visin Dental Health Benefit Title XV Title XX ndividual Grup Supplement OnlY OnlY Plan Medicaid ~:~::~~~-j-~~:~:;~:::;:~~~~:~_:-;~_::~~:-:.~:_-;~ 6 Current Year Member Mnths ,427 Ttal Member Ambulatry Encunters fr Year: 7. Physician Nn-Physician 2,458 2, Ttal 13, , Hspital Patient Days ncurred Number f npatient Admissins Health Premiums Written (b).8,181,208 ~ J + J ~ ~ , Life Premiums DirecL Prperty/Casualty Premiums Written Health Premiums Earned Prperty/Casualty Premiums Earned Amunt Paid fr Prvisin f Health Care Services.4,605, Amunt ncurred fr Prvisin f Health Care Services ~.4,605,513 (a) Fr health business: number f persns insured under PPO managed care prducts 0 and number f persns under indemnity nly prducts 0 (b) Frhealth premiums written: amunt f Title XV exempt frm state taxes ffees $ Other

87 ANNUAL STATEMENT FOR THE YEAR 2007 OF THE WellCare Health nsurance f llinis, nc. (J.) ~ REPORT FOR: 1. CORPORATON NAC Grup Cde 1199 Ttal Members at end f: EXHBT OF PREMUMS, ENROLLMENT AND UTLZATON (a) WellCare Health nsurance f llinis, nc. (LOCATON) BUSNESS N THE STATE OF Wvmin DURNG THE YEAR 2007 NAC Cmpanv Cde Cmprehensive (Hspital & Medical) ~ ;~~~:~~:_:;~-_:-_:~;:;~t~_--:;-;-j 5. Current Year 6 Current Year Member Mnths TT' :::::::" :~~"=~~::':~~~: ::tm-: 9. Ttal Hspital Patient Davs ncurred Number f npatient Admissins Health Premiums Written (b) Life Premiums Direct Prperly/Casualty Premiums Written Health Premiums Eamed Prperly/Casualty Premiums Earned Amunt Paid fr Prvisin f Health Care Services Amunt ncurred fr Prvisin f Health Care Services Ttal ndividual Grup SUPplement Visin Onlv ;:c=:-:-::=:-:: Dental Onlv Federal Emplyees Health Benefit Plan Title XV Title XX Medicaid t-mlmm-mjmmmmmml--m1--mmmlmfmmmmjmmmjm-m-mmmj (a) Fr health business: number f persns insured under PPO managed care prducts and number f persns under indemnity nly prducts _ Other (b) Fr health premiums written: amunt f Title XV exempt frm state taxes ffees $ _

88 REPORT FOR: 1. CORPORATON WeliCare Health nsurance f llinis, nc. NAC Grup Cde 1199 BUSNESS N THE STATE OF Cnslidated ANNUAL STATEMENT FOR THE YEAR 2007 OF THE WellCare Health nsurance f llinis, nc. EXHBT OF PREMUMS, ENROLLMENT AND UTLZATON (a) DURNG THE YEAR ~:-:==-c Cde w (j) - Ttal Members at end f: 1. Prir Year First Quarter Secnd Quarter 21, Third Quarter Current Year 6 Current Year Member Mnths Ttal Member Ambulatry Encunters fr Year: Ttal ,130 Federal Emplyees Visin Dental Health Benefit Tille XV Tille XX ndividual Grup SUPplement Onlv Onlv Plan Medicaid Other Physician Nn-Physician 49, , Ttal 251, Hsital PatientDavs ncurred Number f npatient Admissins Health Premiums Written (b) , ,579, Life Premiums Direct Prperty/Casualty Premiums Writtefl Health Premiums Earned 213, Prperty/Casualty Premiums Earned Amunt Paid fr Prvisin f Health Care Services 107, , Amuntlncurred fr Prvisin f Health Care Services 175,270, , (a) Fr health business: number f persns insured under PPO managed care prducts 0 and numberf persns under indemnity nly prducts 0 (b) Fr health premiums written: amunt f Title XV exempt frm state taxes f fees $ 213,579,239

89 ANNUAL STATEMENT FOR THE YEAR 2007 OF THE WellCare Health nsurance f llinis, nc. SCHEDULE A - VERFCATON BETWEEN YEARS Real Estate 1. Bk/adjusted carrying value, December 31, prir year 0 2. ncrease (decrease) by adjustment: ~ Tl&,. p,rt. C'm" A ~ _ -._ -, 3. ~:s;;t:~~;::~~~:~:~:~ ;, ~ ~;~~~ ~: ~~; ~; ~~~~~ ~"~U~~X;; ~~~~ ~ ~~; ;~~;~~~~~~~~ (~~ ~ ~~ ~i :::::::::: :::::::::::::::::::::::::::::::::::~ 4. Cst f additins and permanent imprvements: 4.1 Ttals, Part 1, Clumn Ttals, Part 3, Clumn Ttal prfit (lss) n sales, Part 3, Clumn 15 0: 6. ncrease (decrease) by freign exchange adjustment: 6.1 Ttals, Part 1, Clumn Ttals, Part 3, Clumn Amunts received n sales, Part 3, Clumn 12 and Part 1, Clumn 13 _. 8. Bk/adjusted carrying value at end f current perid. 9. Ttal valuatin allwance. 10. Subttal (Lines 8 plus 9). 11. Ttal nnadmitted amunts. 12. Statement value, current perid (Page 2, real estate lines, Net Admitted Assets clumn). SCHEDULE B - VERFCATON BETWEEN YEARS Mrtgage Lans 1. Bk value/recrded investment excluding accrued intereskla,klreryear 2. ;.~~::~:~:::t :~:~ey:fa~~quisitins 1.' '1.... _ Additinal investment made after acquisitins ] 3. Accrual f discunt and mrtgage interest pints and cmmitment fees. :: ~::;a:r:~~~:~:~:e~:~:~:.~.~.~=~:~.::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::: :::::::::::::::::::::::::::::::::::: 6. Amunts paid n accunt r in full during the 7. Amrtizatin f premium. 8. ncrease (decrease) by freign exchange adjustment. 9. Bk value/recrded investment excluding accrued interest n mrtgages wned at end f current perid. 10. Ttal valuatin allwance. 11. Subttal (Lines 9 plus 10). 12. Ttal nnadmitted amunts. 13. Statement value f mrtgages wned at end f current perid (Page 2, mrtgage lines, Net Admitted Assets clumn). SCHEDULE BA - VERFCATON BETWEEN YEARS Lng-Term nvested Assets 1. Bk/adjusted carrying value f lng-term invested assetskdleqc k re ~.~s~:t~~~~:~:i:~:~~ri:fga~::~~itions 1..' ' p 2.2 Additinal nvestment made after acquisitins ~ 3. Accrual f discunt. :: ~::;a:r:~~~:~:~:e~:~:~:~.~.~=~:~.::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::: ::::::::::::::::::::::::::::::::::: 6. Amunts paid n accunt r in full during the 7. Amrtizatin f premium. 8. ncrease (decrease) by freign exchange adjustment _. 9. Bk/adjusted carrying value f lng-term invested assets at end f current perid Ttal valuatin allwance :. 11. Subttal (Lines 9 plus 10) Ttal nnadmitted amunts. 13. Statement value f lng-term invested assets at end f current perid (Page 2, Line 7, Clumn 3)

90 ANNUAL STATEMENT FOR THE YEAR 2007 OF THE WellCare Health nsurance f llinis, nc. SCHEDULE D - SUMMARY BY COUNTRY LnQ-Term Bnds and Stcks OWNED December 31 f Current Year Bk/Adjusted Descritin Carrvin Value Fair Value Actual Cst Par Value f Bnds BONDS 1. United States ,053, , 117, ,056, ,050,OOC Gvemments 2. Canada......_ _-_.._-...-._-_...-_..._-_ _.-...-_ (ncluding all bligatins guaranteed 3. Other Cuntries by gvemments) 4. Ttals 2,053,724 2,117,350 2,056,842 2,050,00 States, Territries and Pssessins 5. United States _ _ (Direct and guaranteed) 6. Canada... --_ Other Cuntries 8. Ttals a a a Plitical Subdivisins f States, 9. United States Territries and Pssessins 10. Canada (Direct and guaranteed) 11. Other Cuntries 12. Ttals a a a ( Special revenue and special assessment bligatins and all nn-guaranteed 13. United States bligatins f agencies and authrities f 14. Canada gvernments and their plitical subdivisins 15. Other Cuntries 16. Ttals a a a Public Utilities (unaffiliated) 17. United States Canada Other Cuntries 20. Ttals a a a ndustrial and Miscellaneus and Credit Tenant 21. United States Lans (unaffiliated) 22. Canada Other Cuntries 24. Ttals a a a Parent, Subsidiaries and Affiliates 25. Ttals a a a 26. Ttal Bnds 2,053,724 2,117,350 2,056,842 2,050,00 PREFERRED STOCKS 27. United States Public Utilities (unaffiliated) 28. Canada Other Cuntries 30. Ttals a a a Banks, Trust and nsurance Cmpanies 31. United States (unaffiliated) 32. Canada Other Cuntries 34. Ttals a a a ndustrial and Miscellaneus (unaffiliated) 35. United States Canada Other Cuntries 38. Ttals a a a Parent, Subsidiaries and Affiliates 39. Ttals a a a 40. Ttal Preferred Stcks a a a COMMON STOCKS 41. United States Public Utilities (unaffiliated) 42. Canada Other Cuntries 44. Ttals a a a Banks, Trust and nsurance Cmpanies 45. United States (unaffiliated) 46. Canada Other Cuntries 48. Ttals a a a ndustrial and Miscellaneus (unaffiliated) 49. United States Canada Parent, Subsidiaries and Affiliates 51. Other Cuntries 52. Ttals a a a 53. Ttals a a a 54. Ttal Cmmn Stcks a a a 55. Ttal Stcks a a a 56. Ttal Bnds and Stcks 2,053,724 2,117,350 2,056,842 SCHEDULE D - VERFCATON BETWEEN YEARS Bnds and Stcks 1. Bk/adjusted carrying value f bnds and stcks, prir year...2,120, Amrtizatin f premium...18, Cst f bnds and stcks acquired, Clumn 7, Part 3...1,550, Freign Exchange Adjustment 3. Accrual f discunt...1, Clumn 15, Part ncrease (decrease) by adjustment Clumn 19, Part 2, Sec Clumns 12-14, Part Clumn 16, Part 2, Sec Clumns 15-17, Part 2, Sec Clumn 15, Part Clumn 15, Part 2, Sec Bk/adjusted carrying value at end f current perid ,053, Clumns 11-13, Part Ttal valuatin allwance Ttal gain (lss), Clumn 19, Part Subttal (Lines 9 plus 10) ,053, Deduct cnsideratin fr bnds and stcks dispsed f 12. Ttal nnadmitted amunts Clumn 7, Part 4...1,600, Statement value f bnds and stcks, current perid , 053, ~..

91 c..v c..v ANNUAL STATEMENT FOR THE YEAR 2007 OF THE WellCare Health nsurance f llinis, nc. SCHEDULE D - PART 1A - SECTON 1 Qualitv and Maturitv Distributin f All Bnds Owned December 31. at Bk/Adiusted CarrvinQ Values bv Mair Tvpes f ssues and NAC DesiQnatins Over 1 Year 2 ThrughOver 5 Years 3 Thrugh Over 10 4 Years 5 6 Cl. 67 as a Ttal frm 8 Cl. 6 5 Years 10 Years ThruQh 20 Years Over 20 Years Ttal Current Year % f Line 10.7 Prir Year Qualitv RatinQ per the NAC DesiQnatin 1 Year r Less 1. U.S. Gvernments, Schedules D & DA (Grup Class 1 0 2,053,724 2,053, Class Class Class Class Class Ttals 0 2,053, ,053, All Other Gvernments, Schedules D & DA (Grup Class Class Class Class Class Class Ttals States. Territries and Pssessins etc., Guaranteed, Schedules 0 & DA (Grup Class Class Class Class Class Class Ttals Plitical Subdivisins f States, Territries and Pssessins, Guaranteed, Schedules D & DA (Grup Class 1 ~ Class Class Class Class Class Ttals Special Revenue & Special Assessment ObliQatins etc., Nn Guarante~d, Schedules D & DA (Grup Class Class Class Class Class Class Ttals ~ 0.0 ~ 0.0 ~ " 0, % Frm Cl. 7 Prir Year Ttal Publicly Traded...2,053, 724 2,053, Ttal Privately Placed (al

92 ANNUAL STATEMENT FOR THE YEAR 2007 OF THE WellCare Health nsurance f llinis, nc. c..v../::>. SCHEDULE D - PART 1A - SECTON 1 (cntinued) Qualitv and Maturitv Distributin f All Bnds Owned December 31, at Bk/Adiusted CarrvinQ Values by Majr Types f ssues and NAC Desi!:matins Over 1 Year 2 ThrughOver 5 Years 3 Thrugh Over 10 4 Years 5 6 Cl. 67 as a Ttal frm 8 Cl. 6 5 Years 10 Years ThruQh 20 Years Over 20 Years Ttal Current Year % f Line 10.7 Prir Year Quality RatinQ per the NAC Desinatin 1 Year r Less 6. Public Utilities (Unaffiliated\, Schedules D & DA (Grup Class Class Class Class Class Class Ttals ndustrial & Miscellaneus (Unaffiliated\, Schedules D & DA (Grup 7\ 7.1 Class Class Class Class Class Class Ttals Credit Tenant Lans, Schedules D & DA (Grup 8\ 8.1 Class Class Class Class Class Class Ttals Parent. Subsidiaries and Affiliates, Schedules D & DA (Grup 9\ 9.1 Class Class Class Class Class Class Ttals QJ! QJ! , , % Frm Cl. 7 Prir Year Ttal Publicly Traded 11 Ttal Privately Placed (a)

93 ANNUAL STATEMENT FOR THE YEAR 2007 OF THE WellCare Health nsurance f llinis, nc. SCHEDULE D - PART 1A - SECTON 1 (cntinued) Quality and Maturity Distributin f All Bnds Owned December 31, at Bk/Adiusted Carrvin!l Values bv Mair Tvpes f ssues and NAC Desinatins Over 1 Year 2 ThrughOver 5 Years 3 Thrugh. Over 10 4 Years 5 6 Cl. 67 as a Ttal frm 8 Cl. 6 % Frm9 Cl. 7 Ttal 10 Publicly Ttal Privately 11 Placed Qualitv Ratin Der the NAC Desinatin 1 Year r Less 5 Years 10 Years Thruh 20 Years Over 20 Years Ttal Current Year % f Line 10.7 Prir Year Prir Year Traded (a) 10. Ttal Bnds Current Year 10.1 Class ~:.:: 2,053, ,053, XXX.. XXX...2,053, Class """" "" XXX XXX Class XXX. XXX Class ' '" '" XXX XXX Class (e) XXX......XXX Class (e) Ttals ,053, (D).2,053, XXX.XXX.. XXX.XXX.. 0.2,053, Line10.7asa%fC XXX XXX XXX Ttal Bnds Prir Year 11.1 Class XXX.XXX Class XXX.. XXX Class XXX....XXX Class XXX.. XXX Class XXX.....XXX... (e) Class XXX XXX (e) Ttals XXX. XXX ( Line 11.7 as a % f Cl XXX XXX 0.0 XXX Ttal Publiclv Traded Bnds 12.1 Class 1..2,053, ,053, ,053,724 XXX Class XXX Class XXX Class XXX... w 12.5 Class XXX Class XXX 12.7 Ttals Line 12.7 as a % f Cl ,053, ,053, XXX XXX XXX ,053, XXX..XXX Line 12.7 as a % f Line 10.7, Cl. 6, Sectin XXX XXX XXX XXX 13. Ttal Privatelv Placed Bnds 13.1 Class XXX Class XXL Class XXL Class XXX Class XXX Class XXX Ttals XXL Line 13.7 as a % f Cl XXX...XXX..... XXX....XXX Line 13.7 as a % f Line 10.7, Cl. 6, Sectin XXX XXX XXX XXX 0.0 (a) ncludes $ freely tradable under SEC Rule 144 rqualified fr resale under SEC Rule 144A. (b) ncludes $.... current year, $ prir year f bnds with Z designatins and $.., currentyear, $ priryear f bnds with Z* designatins. The letter "Z" means the NAC designatin was nt assigned by the Securities Valuatin Office (SVO) at the date fthe statement. "Z*" means the SVO culd nt evaluate the bligatin because valuatin prcedures fr the security class is underregulatry review. (c) ncludes $ current year, $ prir year f bnds With 5* designatins and $......, current year, $ prir year f bnds with 6* designatins. "5*" means the NAC designatin was assigned by the SVO in reliance n the insurer's certificatin that the issuer is current in all principal and interest payments. "6*" means the NAC designatin was assigned by the SVO due t inadequate certificatin f principal and interest payments.

94 ANNUAL STATEMENT FOR THE YEAR 2007 OF THE WellCare Health nsurance f llinis, nc. CJ,) (j) SCHEDULE D - PART 1A - SECTON 2 Maturitv Distributin f All Bnds Owned December 31, at Bk/Adiusted CarrvinCl Values bv Mair TVlle and Subtvlle f ssues J Over 21 Year Over 53 Years 1 Over 10 Years 5 1 1Cl. 6 as a % Ttal frm Cl 6 % Frm Cl. 7 Ttal Publicly Ttal Privately Distributin by Type 1 Year r Less Thruh 5 Years Thruh 10 Years Thruh 20 Years Over 20 Years Ttal Current Year f Line 10.7 Prir Year Prir Year Traded Placed 1 ~ (.;;nw:arnmpnt~ ~,.htullllp~ n R. n4 (~rnlln l' 1.1 ssuer Obligatins.. 2,053, ,053,724 2,053, Single Class Mrlgage-Backed/Asset-Backed Securities Ttals 0 2,053, ,053,724 2,053,724 0?.All nthllr l':n\ll::trnrnnntc: ~,.hprllllpc:: n R. nd l':rnlln." ssuer Obligatins ) MULT-CLASS COMMERCAL MORTGAGE-BACKED/ASSET- BACKED SECURTES ~:~ g~::~~.: :::..::::::::: :::::::: ::..:..:..::: ::..:..: :::..:..::: ::::::::::::::::::::::::::::::::t.. m t t m.. m.. t.. t m.. m m t.. g...m...gftmm..mm.m.m... m~... m..m...~ :~ 2.7 Ttals :l ~t::ltpc:: T",rritnripc:: ~nri Pnc:.c::pc::c:innc:. ~:1r::1nt,:lpri 5;,.hAnlllpc:: n R. n11 t(.;rnlln ~\ 3.1 ssuer Obligatins Single Class Mrlgage-Backed/Asset-Backed Securities.0 MULT-CLASS RESDENTAL MORTGAGE-BACKED SECURTES ~:~ g~:~r~~.::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::'.:::::::::::::::::::::::::::::::::::::::: :::::::::::::::::::::::::::::::::: :::::::::::::::::::::::::::::::::: ::::::::::::::::::::::::::::::::::.:::::::::::::::::::::::::::::::::: :::::::::::::::::::::::::::::::::: ::::::::::::::::::::::::::::::g MULT-CLASS COMMERCAL MORTGAGE-BACKED/ASSET- ;: r~;~~~~~~~"::~:~;:===t-mmlmmm-lm mlmmmt-m mtmmm: 3.7 Ttals A Dnlit;,..::1 c::..hrlh,;c::i...nc:: nf' C::t2t.e Tm...ri... "" :':na D...".e...c::c::innc: t::1t'3r::antluu.f c::,..ho... lllbc: n Sl. n.. t::rnlln...1' 4.1 ssuer Obligatins Single Class Mrlgage-Backed/Asset-Backed Securities.0 MULT-CLASS RESDENTAL MORTGAGE-BACKED SECURTES ::~ g~:~:~.:::::::::::::::::::::::::::::::::::::::::::::::::::::::::::..: : ::..:..:..:::..:..:..: :::::::::::: ::.. :::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::: :::::::::::::::::::::::::::::::::: :::::::::::::::::::::::::::::::::: :::::::::::::::::::::::::::::::::: ::::::::::::::::::::::::::::::g MULT-CLASS COMMERCAL MORTGAGE-BACKED/ASSET- :: ~!.~~m":":~~u;~'~:::::::=:=lmmmmlmmmmtmmmmlmmtmmmmmmmlmm: 4.7 Ttals t: C::n,.i::ll DOHnll", R. C:::...prbl dclc::pc:::c:mf:ln' nhlln::atinnc:: lit,.. Nnn..r.::1r::1ntl2prl ~,.hprllllt:u::: n R. n.d t:rnlln ~1 5.1 ssuer Obligatins ( , Single Class MOrlgage-Backed/Asset-Backed Securities MULT-CLASS RESDENTAL MORTGAGE-BACKED SECURTES ~:~ g~:~r~~.:.:.::::.::.:.:.:.:.:._._.:.:.:.::._'_.:''_.:'.::'.:''_'_.:'.::'.::::::''_'_.:'.:'.:'.:''_'''_.:'.:'.:'.:'.:'.::''_.::::::'.:'.:'.:::::::::: :::::::::::::::::::::::::::::::::: :::::::::::::::::::::::::::::::::: :::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::: :::::::::::::::::::::::::::::::::: ::::::::::::::::::::::::::::::g MULT-CLASS COMMERCAL MORTGAGE-BACKED/ASSET BACKED SECURTES ~:~ g~~::~.:::::::::::::::::::..:._._.:::..:::._.::._._.:..::::..:..:._._._.:..:..:..:..:..:..:::._._._._.::._._.:::._.:::.:::.::.::.:::.:::::::tm m m..--t m m--..t----- m m t-----m m -- t m.m--m m--- t m ---..g 5.7 Ttals , m...mmmm...m... m.~ t ~ :~ m ~ t ~ :~ m ~ : t ~:~

95

96 10. Ttal Bnds Current Year Distributin bv Tvpe ANNUAL STATEMENT FOR THE YEAR 2007 OF THE WellCare Health nsurance f llinis, nc. SCHEDULE D - PART 1A - SECTON 2 (cntinued) Maturity Distributin f All Bnds Owned December 31, at Bk/Adjusted CarrvinQ Values by Majr Type and Subtype f ssues Over 1 Year Over 53 Years 1 Over 10 Years 5 1 Ttal 1Cl. 6 as a % 1 Year r Less Thruh 5 Years Thruh 10 Years Thrugh 20 Years Over 20 Years Current Year f Line 10.7 Ttal Frm 8 Cl. 6 % Frm9 Cl. 7 Prir Year Prir Year 10 Ttal Publicly Traded 11 Ttal Privately Placed 10.1 ssuer Obligatins 0 2,053, D.2,053, J(Xx. XXx Single Class Mrtgage-Backed/Asset-Backed Securities D D 0 D 0 D D.O XXx. XXx..2,053, MULT-CLASS RESDENTAL MORTGAGE-BACKED SECURTES 10.3 Defined D 0 0 D D D.0.0.J(Xx. XXx. D Other.0 D 0 D D XXx. XXx. 0 0 MULT-CLASS COMMERCAL MORTGAGE-BACKED/ASSET-BACKED SECURTES 10.5 Defined 0 D XXx. XXX D D 10.6 Other XXX XXX Ttals D 2,053,724 0 D D.2,053, XXx. XXx. 2,053, Line 10.7asa % fcl XXX XXX XXX Ttal Bnds Prir Year 11.1 ssuer Obligatins D D 0 D D.J(Xx. XXx. D Single Class Mrtgage-Backed/Asset-Backed Securities D XXx. XXx D D D D MULT-CLASS RESDENTAL MORTGAGE-BACKED SECURTES 11.3 Defined 0 D 0 0 D.J(Xx. XXx..... D Other D D 0 D 0 XXx. XXx MULT-CLASS COMMERCAL MORTGAGE-BACKED/ASSET-BACKED SECURTES 11.5 Defined D D D D 0.J(Xx. XXx. D 0.0 D D 11.6 Other XXX XXX Ttals 0 D D 0 0 XXx. XXx D 11.8 Line 11.7asa%fCl XXX XXX 0.0 XXX Ttal Publicly Traded Bnds ~ ~;:~ ~i~~~~g~~~sa~~~g~9~~'b~~k~d/a~~~i:b~~k~d"s~~~~iti~'~':::::::::::::::::::::::::::::::::::::::::::::::::::::: :::::::::::::::::::::::::::::: :::::::::::~.'.~~.~:.:.~.:.. ::::::::::::::::::::::::::::::.:::::::::::::::::::::::::::::: :::::::::::::::::::::::::::::: :::::::::::~.'.~~~:.7.~ri :::::::::::::::~.~~:~ ::::::::::::::::::::::::::~ :::::::::::::::::::~:~ :::::::::::~.'.~~~:.:'~ri ::::::::::::;~~::::::::::: MULT-CLASS RESDENTAL MORTGAGE-BACKED SECURTES 12.3 Defined D 0.0 D.0.0 D...J(Xx Other D D.0.0 D.J(Xx.. MULT-CLASS COMMERCAL MORTGAGE-BACKED/ASSET-BACKED SECURTES 12.5 Defined D D.J(Xx Other XXX 12.7 Ttals D.2,053,724 0 D D.2,053, ,053,724.J(Xx Line 12.7asa%fCl XXx. XXx. XXx J(Xx Line 12.7 asa % f Line Cl. 6. Sectin XXX XXX XXX XXX. 13. Ttal PrivatelY Placed Bnds 13.1 ssuer Obligatins.. D 0.0 D.0.0 XXx. D 13.2 Single Class Mrtgage-Backed/Asset-Backed Securities J(Xx. 0 MULT-CLASS RESDENTAL MORTGAGE-BACKED SECURTES 13.3 Defined J(Xx. D 13.4 Other XXx. 0 MULT-CLASS COMMERCAL MORTGAGE-BACKED/ASSET-BACKED SECURTES 13.5 Defined. D J(Xx. D 13.6 Other XXX Ttals D J(Xx Line 13.7 as a % f Cl XXx..J(Xx. XXx..J(Xx Line 13.7asa%fLine 10.7,Cl. 6. Sectin XXX XXX XXX XXX 0.0

97 ANNUAL STATEMENT FOR THE YEAR 2007 OF THE WellCare Health nsurance f llinis, nc. Schedule DA - Part 2 NONE Schedule DB - Part A - VBY NONE Schedule DB - Part B - VBY NONE Schedule DB - Part C - VBY NONE Schedule DB - Part 0 - VBY NONE Schedule DB - Part E - VBY NONE Schedule DB - Part F - Sectin 1 NONE Schedule DB - Part F - Sectin 2 NONE Schedule S - Part 1 - Sectin 2 NONE Schedule S - Part 2 NONE 39,40,41,42,43,44,45

98 ANNUAL STATEMENT FOR THE YEAR 2007 OF THE WellCare Health nsurance f llinis, nc. 1 NAC cmpanyl 2 FederallD 3 4 SCHEDULE S - PART 3 - SECTON 2 Reinsurance Ceded Accident and Health nsurance Listed by Reinsuring Cmpany as f December 31 Current Year Reserve Credit Cde Number Effective Date Name f Cmpany Lcatin Type Premiums L...A8-:(j l... 01/01/2007.l Emp lvers Re insurance Crp ~.:: 1Over arid Park, -ks.: ==:.:::::.:.::::::::= :.: ~ BSlll/A.:.! 18:1, Ttal Aulhrized General Accunt - Nn-Affiliates 183, Ttal Authrized General Accunt 183, Ttal Authrized and Unauthflzed General Accunt 183,549 Unearned premiums!taken Other than fr (Estimated) Unearned Premiums OutstandinQ Surplus Relief Current Year Prir Year 12 Mdified Cinsurance Reserve 13 Funds Withheld Under Cinsurance,.::>. 0) Ttals 183,549

99 ANNUAL STATEMENT FOR THE YEAR 2007 OF THE WellCare Health nsurance f llinis, nc. 2 NAC CmpanyFederallD Cde Number 3 Effective Date 4 Name f Reinsurer 5 Reserve Credit Taken 6 Paid and Unpaid Lsses Recverable (Debit) SCHEDULE S - PART 4 Reinsurance Ceded t Unauthrized Cmpanies 7 8 Other Debits Ttal (Cls ) 9 Letters f Credit Funds Depsited by and Withheld frm Trust Aareements Reinsurers 12 Other 13 Miscellaneus Balances (Credit) 14 Sum f Cs But Nt in Excess f Cl _ _ N () N e t::>. -...J Ttal

100 ANNUAL STATEMENT FOR THE YEAR 2007 OF THE WellCare Health nsurance f llinis, nc. A. OPERATONS TEMS Schedule S-Part 5 Five-Year Exhibit f Reinsurance Ceded Business (000 Omitted) Premiums ~ 0 [ D [ D ~ D ~......Ji 2. Title XViii- L 184 L D L D L D ~ j 3. Title XiX-Medicaid L. D L. D L. D ~ y 4. Cmmissins and reinsurance expense allwance ~ ~ D ~ D ~ D ~ f 5. Ttal hspital and medical expenses ~ [ 0 ~ O ~ O ~ f B. BALANCE SHEET TEMS 6. Premiums receivable 1 [ D ~ O ~ D ~ p 7. Claims payable ~ ~ D ~ D ~ D ~ ~ 8. Reinsurance recverable n paid lsses ~ ~ 9. Experience rating refunds due r unpaid ~ ~ O 1. 0 ~ D J 10. Cmmi~sins and reinsurance expense allwances ~ unpaid ~ 11. Unauthrized reinsurance ffsel. L 0 L. O L O L O ~ J C. UNAUTHORZED RENSURANCE (DEPOSTS BY AND FUNDS WTHHELD FROM) 12. Funds depsited by and withheld frm (F).j ~ O 13. Letters f credit (L) ~ O D D 14. Trust agreements (T) ~ O1 0.D D..D 15. Other (0) 48

101 ANNUAL STATEMENT FOR THE YEAR 2007 OF THE WellCare Health nsurance f llinis, nc. SCHEDULE S-PART 6 Restatement f Balance Sheet t dentify Net Credit Fr Ceded Reinsurance 2 3 As Reprted (net f ceded) Restatement Adiustments Restated (grss f ceded) ASSETS (Page 2, Cl. 3) 1. Cash and invested assets (Line 10) ~.75,531,784 ~ _t_..75,531,78 2. Accident and health premiums due and unpaid (Line 13) J 5,215, 673 ~ J 5,215,67 3. Amunts recverable frm reinsurers (Line 14.1 )..... ~ ~ - ~ /i 4. Net credit fr ceded reinsurance.. _ L. xxx. L. 0 ~ /i 5. All ther admitted assets (Balance). 1 2,524, ,524,48P Ttal assets (Line 26) 83,271,946 83,271,94\3 LABLTES, CAPTAL AND SURPLUS (Page 3) 7. Claims unpaid (Line 1) l 67,526,302 L O L 67, 526, 3d? 8. Accrued medical incentive pl and bnus payments (Line 2) ~ O ~ t p 9. Premiums received in advance (Line 8) ~ _ 0 ~ ~ _p 10. Funds held under reinsurance treaties with authrized and unauthrized insurers (Line 17) ~ O ~ l_ Reinsurance in unauthrized cmpanies (Line 18) l 0 t l 12. All ther liabilities (Balance)..1 3,454,759 3, 454,7~ 13. Ttal liabilities (Line 22) ~.70,981,061 ~ O ~..70, 981,Oa1 14. Ttal capital and surplus (Line 31 ).. ~ 12,290,885 XXX 12,290,8~ 15. Ttal liabilities, capital and surplus (Line 32) 83,271,946 83,271,946 NET CREDT FOR CEDED RENSURANCE 16. Claims unpaid _~ O 17. Accrued medical incentive pl Premiums received in advance L O 19. Reinsurance recverable n paid lsses L Other ceded reinsurance recverables..1 Q 21. Ttal ceded reinsurance recverables..1 Q 22. Premiums receivable L O 23. Funds held under reinsurance treaties with authrized and unauthrized reinsurers L O 24. Unauthrized reinsurance Other ceded reinsurance payables/ffsets Ttal ceded reinsurance payables/ffsets Ttal net credit fr ceded reinsurance 0 49

102 ANNUAL STATEMENT FOR THE YEAR 2007 OF THE WellCare Health nsurance f llinis, nc. SCHEDULE T - PREMUMS AND OTHER CONSDERATONS Allcated bv States and Territries Direct Business OnT Federal Emplyees Life & Annuity s nsurer Accident & Health Benefit Premiums & Prperty! Ttal Licensed Health Medicaid Prgram Other Casualty Clumns Depsit- ype States. Etc. (Yes r N) Premiums Title XV Title XX Premiums Cnsideratins Premiums 2 Thrugh 7 Cntrats 1. Alabama AL.Yes Alaska AK yes Arizna P\l..Yes Arkansas AR yes Califmia CA yes Clrad CO.Yes Cnnecticut CT yes Delaware DE.Yes : District f Clumbia DC yes Flrida FL.Yes Gergia GA yes Hawaii H.Yes dah D.Yes linis L yes ndiana N yes lwa A yes Kansas KS yes Kentucky KY yes Luisiana LA yes Maine ME Maryland MD yes Massachusetts MA.Yes Michigan M Minnesta MN.Yes Mississippi MS.Yes Missuri MO yes Mntana MT.Yes Nebraska NE yes Nevada NV yes New Hampshire NH New Jersey NJ.Yes New Mexic NM yes New Yrk Ny Nrth Carlina NC Nrth Dakta ND yes Ohi OH.Yes Oklahma OK yes Oregn OR yes Pennsylvania PA.Yes Rhde sland R yes Suth Carlina SC yes Suth Dakta SD.Yes Tennessee TN.Yes ,647, Texas TX Utah UT yes.2,290,910 2,290, Vermnt VT Virginia VA yes Washingtn WA yes ,957, West Virginia WV.Yes 6, Wiscnsin W.Yes 8,181,208 8,181, Wyming WY yes American Sama AS Guam GU Puert Ric PR U.S. Virgin slands Vi Nrthem Mariana slands MP Canada CN Aggregate Other Alien OT XXX SubttaL. XXX , ,579, Reprting entity cntributins fr Emplyee Benefit Plans XXX Ttal(DirectBusiness) (a) , ,579,240 DETALS OF WRTE-NS :::~:::l~::l:=ll:::f::l=:_:]=-=e:-]:i:: Summary fremaining write-ins fr Line 58 frm verflw page L XXX L L. O L. O L.. O L. O L. O Ttals (Lines 5801 thrugh 5803 plus 5898) (Line 58 abve) XXX (a) nsert the number f yes respnses except fr Canada and ther Alien. 50

103 ANNUAL STATEMENT FOR THE YEAR 2007 OF THE WellCare Health nsurance f llinis, nc. SCHEDULE T - PART 2 NTERSTATE COMPACT - EXHBT OF PREMUMS WRTTEN Allcated bv States and Territries Direct Business Onlv States, Etc. 1. Alabama AL. Lng-Term Care {Grup and ndividual Depsit-Type Cntracts Ttals 2. Alaska AK Arizna PZ Arkansas AR Califmia CA Clrad CO Cnnecticut CT Delaware DE District f Clumbia DC Flrida......FL Gergia......GA Hawaii....H 13. dah D llinis l ndiana n wa ja Kansas < Kentucky KY Luisiana LA Maine ME Maryland MD... N N E Massachusetts MA ~:: ~:::::~:;::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::: ~~:::::: ::::::::: :::::..: ::::.....:::: ::: :::: :: :::::::::::::::::::::::::: :::::::::::::::::::::::::::::::: :::::::::::::::::::::::::::::::: :::::::::::::::::::::::::::: ~ 26. Missuri MO Mntana MT Nebraska......NE Nevada NV New Hampshire NH New Jersey NJ New Mexic NM New Yrk NY Nrth Carlina NC Nrth Dakta ND Ohi OH Oklahma OK Oregn OR Pennsylvania PA Rhde sland r Suth Carlina C Suth Dakta D Tennessee TN Texas TX Utah UT Vermnt VT Virginia VA Washingtn WA West Virginia wv Wiscnsin Wi Wyming WY American Sama AS Guam GU Puert Ric PR U.S. Virgin slands V Nrthem Mariana slands mp Canada CN Aggregate Other Alien OT Ttals

104 ANNUAL STATEMENT FOR THE YEAR 2007 OF THE WellCare Health nsurance f llinis, nc. SCHEDULE Y -NFORMATON CONCERNNG ACTVTES OF NSURER AND HMO MEMBERS OF A HOLDNG COMPANY GROUP PART 1 - ORGANZATONAL CHART The WeliCare Grup f Cmpanies (as f December 31,2007) (Jl N Shapes/clrs distinguish amng HMOs, LLCs, regulated nsurance cmpanies and crpratins.

105 ANNUAL STATEMENT FOR THE YEAR 2007 OF THE WellCare Health nsurance f llinis, nc. SCHEDULE Y PART 2 - SUMMARY OF NSURER'S TRANSACTONS WTH ANY AFFLATES ncme/ Purchases, Sales r (Disbursements) Exchanges f ncurred in Reinsurance Lans, Securities, Cnnectin with ncme/ Any Other Material Recverable/ Real Guarantees r (Disbursements) Activity Nt in the (Payable) n Lsses NAC Estate, Mrtgage Undertakings fr the Management ncurred Under Ordinary Curse f and/r Reserve Cmpany FederallD Sharehlder Capital Lans r Other Benefit f any Agreements and Reinsurance the nsurer's Credit Cde Number Names f nsurers and Parent, Subsidiaries r Affiliates Dividends Cntributins nvestments Affiliate(s) Service Cntracts AQreements * Business Ttals Taken/(Liabilitvl (J"J <.N YlellCare f Ohi nc 18,500,000 (17,535,120) (9,213,662) (8,248,782) Harmny Behavrial Health nc 66,306,678 D 66,306, Harmny Behavrial Health PA nc 10,456,287 D 10,456, Cmprehensive Health Management nc 533,410, ,410, Cmprehensive Reinsurance Ltd D 134,035, ,035, YlellCare Health nsurance f Arizna nc 67,600,253 (31,610,290) 35,989,963. ~ci~~~::::::::::::: ~~ :3~m~t:::: ~~:: ~:~~ ~~:: ~ ~ :~~~ ~:~~~ ~} ~~~ ~~~k..~~::::::::::::::::::::..:::::::::::::::::::::::: :::::::::::::::::::::::::::::::::: :::::::::::::::~: ~~~:~~~:::::::::::::::::::::::::::::::::: :::::::::::::::::::::::::::::::::: :::::::::::.~7~: ~6~:b~~l :::::::::::::::::::::::::::::::::: :::::::::::::::::::::::::::::::::::::::::::: :::::::::::.~~ ~:6~~:~~~) :::::::::::::::::::::::::::::::::: '12958::::::::::::. ~~ :~~~~~~L::: ~~::~: ~ ~ ~~e~~~: ~y c:~~ ;~~;y~~~.:::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::. :::::::::::::::::::::::::::::::::: :::::::::::::::1-;200':427" :::::::::::::::::::::::::::::::::: :::::::::::::::::::::::::::::::::: :::::::::::::::::.( ~1.a.:.~.~.~!. :::::::::::::::::::::::::::::::::: :::::::::: ::::::::::::::::::::::::::::::::::.:::::::::::::::1 ~ ~6~:~~i) :::::::::::::::::::::::::::::::::: YlellCare f Texas nc 3,990, 130 3,990, YlellCare Health Plans f New Jersey nc, 1,977,832 1,977, Harmny Behavrial Health f Flrida nc 50,000 50,000.. :::::::::::::::::::::: ~ci :~~ci~~~l:::: ~~r~: ~ ~C~~: r~:~~g~~~~ ~ ~ ~~~n~~~meii'i::::::::::::::::::::::::::::::::::::::::::::::::::: :::::::::::::::::::::::::::::::::: :::::::::.~~~~.'.a.:.~.:.~.~.~!.:::::::::::::::::::::::::::::::::: :::::::::::::::::::::::::::::::::: :::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::: :::::::::: :::::::::::::50, 000: ij6":::::::::.~.~~~ :~6~:~ci6) :::::::::::::::::::::::::::::::::: Cntrl Ttals XXX

106 ANNUAL STATEMENT FOR THE YEAR 2007 OF THE WellCare Health nsurance f llinis, nc. SUPPLEMENTAL EXHBTS AND SCHEDULES NTERROGATORES The fllwing supplemental reprts are required t be filed as part fyur statement filing unless specifically waived by the dmiciliary state. Hwever, in the event that yur dmiciliary state waives the filing requirement, yur respnse f WAVED t the specific interrgatry will be accepted in lieu f filing a "NONE" reprt and a bar cde will be printed belw. f the supplement is required f yur cmpany but is nt filed fr whatever reasn enter SEE EXPLANATON and prvide an explanatin fllwing the interrgatry questins. MARCH FLNG Respnses 1. Will the Supplemental Cmpensatin Exhibit be filed with the state f dmicile by March 1? 2. Will an actuarial pinin be filed by March 1? 3. Will the cnfidential Risk-based Capital Reprt be filed with the NAC by March 1? 4. Will the cnfidential Risk-based Capital Reprt be filed with the state f dmicile, if required by March 1? APRL FLNG 5. Will Management's Discussin and Analysis be filed by April 1? 6. Will the Supplemental nvestment Risks nterrgatries be filed by April1? 7. Will the Accident and Health Plicy Experience Exhibit be filed by April 1?...SEE EXPLANAT ON... ~....SEE EXPLANAT ON... ~....SEE EXPLANAT ON SEE EXPLANAT ON XES JES..... ~ XES..... ~ Will an audited financial reprt be filed by June 1? JUNE FLNG XES ~... The fllwing supplemental reprts are required t be filed as part f yur statement filing. Hwever, in the event that yur cmpany des nt transact the type f business fr which the special reprt must be filed, yur respnse f NO t the specific interrgatry will be accepted in lieu f filing a "NONE" reprt and a bar cde will be printed belw. f tile supplement is required f yur cmpany but is nt filed fr whatever reasn enter SEE EXPLANATON and prvide an explanatin fllwing the interrgatry questins. MARCH FLNG 9. Will the Supplement nsurance Experience Exhibit be filed with the state f dmicile and the NAC by March 1? 10. Will the Supplemental Life data due March 1 be filed with the state f dmicile and the NAC? 11. Will the Supplemental Prperty/Casualty data due March 1 be filed with the state f dmicile and the NAC? 12. Will the Schedule SS (Stckhlder nfrmatin Supplement) be filed with the state f dmicile by March 1? 13. Will the Part D Cverage Supplement be filed with the state f dmicile and the NAC by March 1? NO ~ NO ~ NO.... ~.....SEE EXPLANAT ON NO ~... APRL FLNG 14. Will the Lng-Term Care Experience Reprting Frms be filed with the state f dmicile and the NAC by April1? NO Will the Supplemental Life data due April 1 be filed with the state f dmicile and the NAC? NO Will the Supplemental Prperty/Casualty nsurance Expense Exhibit due April 1 be filed with any state that requires it, and, if s, the NAC? NO EXPLANATON: 1. Due t the nging investigatin described in Ftnte #14E t the financial statements, we have requested an extensin t March 17, 2008 frm ur stat insurance regulatrs fr filing these tems. 2. Due t the nging investigatin described in Ftnte #14E t the financial statements, we have requested an extensin t March 17, 2008 frm ur stat insurance regulatrs fr filing these items. 3. Due t the nging investigatin described in Ftnte #14E t the financial statements, we have requested an extensin t March 17, 2008 frm ur stat insurance regulatrs fr filing these items. 4. Due t the nging investigatin described in Ftnte #14E t the financial statements, we have requested an extensin t March 17, 2008 frm ur stat insurance regulatrs fr filing these tems Due t the nging investigatin described in Ftnte #14E t the financial statements, we have requested an extensin t March 17, 2008 frm ur stale insurance regulatrs fr fil ing these items BARCODE: J!!Jllllljllil ~JJJJlllllllllllllllllllllllll1l 54

107 ANNUAL STATEMENT FOR THE YEAR 2007 OF THE WellCare Health nsurance f llinis, nc. SUPPLEMENTAL EXHBTS AND SCHEDULES NTERROGATORES J11111 J ~ ~111111i J

108 ANNUAL STATEMENT FOR THE YEAR 2007 OF THE WellCare Health nsurance f llinis, nc. OVERFLOW PAGE FOR WRTE-NS 55

109 ALPHABETCAL NDEX ( ANNUAL STATEMENT BLANK Exhibit f Nnadmitted Assets Analysis f Operatins By Lines f Business Assets Cash Flw Exhibit 1 - Enrllment By Prduct Type fr Health Business Only Exhibit 2 - Accident and Health Premiums Due and Unpaid Exhibit 3 - Health Care Receivables Exhibit 4 - Claims Unpaid and ncentive Pl, Withhld and Bnus Exhibit 5 - Amunts Due Frm Parent, Subsidiaries and Affiliates Exhibit 6 - Amunts Due T Parent, Subsidiaries and Affiliates Exhibit 7 - Part 1 - Summary f Transactins With Prviders Exhibit 7 - Part 2 - Summary f Transactins With ntermediaries Exhibit 8 - Furniture, Equipment and Supplies Owned Exhibit f Capital Gains (Lsses) Exhibit f Net nvestment ncme Exhibit f Premiums, Enrllment and Utilizatin (State Page) Five-Year Histrical Data General nterrgatries Jurat Page Liabilities, Capital and Surplus Ntes T Financial Statements Overflw Page Fr Write-ins Schedule A - Part 1 Schedule A - Part 2 Schedule A - Part 3 Schedule A - Verificatin Between Years Schedule B - Part 1 Schedule B - Part 2 Schedule B - Verificatin Between Years Schedule BA - Part 1 Schedule BA - Part 2 Schedule BA - Verificatin Between Years Schedule D - Part 1 Schedule D - Part 1A - Sectin 1 Schedule D - Part 1A - Sectin 2 Schedule D - Part 2 - Sectin E01 E02 E03 31 E04 E05 31 E06 E07 31 E E09 NDEX1

110 ALPHABETCAL NDEX ANNUAL STATEMENT BLANK (Cntinued) Schedule D - Part 2 - Sectin 2 Schedule D - Part 3 Schedule D - Part 4 Schedule D - Part 5 Schedule D - Part 6 - Sectin 1 Schedule D - Part 6 - Sectin 2 Schedule D - Summary By Cuntry Schedule D - Verificatin Between Years Schedule DA - Part 1 Schedule DA - Part 2 - Verificatin Between Years Schedule DB - Part A - Sectin 1 Schedule DB - Part A - Sectin 2 Schedule DB - Part A - Sectin 3 Schedule DB - Part A - Verificatin Between Years Schedule DB - Part B - Sectin 1 Schedule DB - Part B - Sectin 2 Schedule DB - Part B - Sectin 3 Schedule DB - Part B - Verificatin Between Years Schedule DB - Part C - Sectin 1 Schedule DB - Part C - Sectin 2 Schedule DB - Part C - Sectin 3 Schedule DB - Part C - Verificatin Between Years Schedule DB - Part D - Sectin 1 Schedule DB - Part D - Sectin 2 Schedule DB - Part D - Sectin 3 Schedule DB - Part D - Verificatin Between Years Schedule DB - Part E - Sectin 1 Schedule DB. - Part E - Verificatin Schedule DB - Part F - Sectin 1 Schedule DB - Part F - Sectin 2 Schedule E - Part 1 - Cash Schedule E - Part 2 - Cash Equivalents Schedule E - Part 3 - Special Depsits Schedule S - Part 1 - Sectin 2 Schedule S - Part 2 Schedule S - Part 3 - Sectin 2 Schedule S - Part 4 Schedule S - Part 5 Schedule S - Part 6 Schedule T - Part 2 -nterstate Cmpact E10 E11 E12 E13 E14 E E15 39 E16 E16 E17 40 E17 E18 E18 40 E19 E19 E20 41 E20 E21 E21 41 E E23 E24 E NDEX2

111 ALPHABETCAL NDEX ANNUAL STATEMENT BLANK (Cntinued) Schedule T - Premiums and Other Cnsideratins 50 Schedule Y - nfrmatin Cncerning Activities f nsurer Members f a Hlding Cmpany Grup 52 Schedule Y - Part 2 - Summary f nsurer's Transactins With Any Affiliates 53 Statement f Revenue and Expenses 4 Summary nvestment Schedule 26 Supplemental Exhibits and Schedules nterrgatries 54 Underwriting and nvestment Exhibit - Part 1 8 Underwriting and nvestment Exhibit - Part 2 9 Underwriting and nvestment Exhibit - Part 2A 10 Underwriting and nvestment Exhibit - Part Underwriting and nvestment Exhibit - Part 2C 12 Underwriting and nvestment Exhibit - Part 2D 13 Underwriting and nvestment Exhibit - Part 3 14 NDEX3

112

113 ANNUAL STATEMENT FOR THE YEAR 2007 OF THE WellCare Health nsurance f llinis, nc. Schedule A - Part 1 NONE Schedule A - Part 2 NONE Schedule A - Part 3 NONE Schedule S - Part 1 NONE Schedule B - Part 2 NONE Schedule SA - Part 1 NONE Schedule SA - Part 2 NONE E01, E02, E03, E04, E05, E06, EO?

114 2 Cdes F a r e i CUSP g Bnd NAC dentificatin Descriptin n CHAR Desinatin Actual Cst ANNUAL STATEMENT FOR THE YEAR 2007 OF THE WellCare Health nsurance f llinis, nc. Fair Value 8 9!! Rate Used t Obtain Fair Value Fair Value AJ 9. U.S. Treasury NOe , 170, j 182, B 2. U.S. Treasury Nle , , U.S. Treasury Nte , , U.S. Treasury Nle , , GT.1... U.S. Treasurv Nle ,588, Tlal Bnds U.S. Gvernment ssuer Obllqat ins l...2, Tlal U.S. Gvernment Bnds l...2,056, Ttal ssuer Obi iqat ins C::::.::2.056,842...XXx...L...2, 117,350...XXx...L...2, 117,350...xxx...[...2~nl,350 SCHEDULE D - PART 1 Shwinq all Lnq-Term BONDS Owned December 31 f Current Year Change in Bk Adjusted Carrying Value Bk/Adjusted Par Value Carrvin Value...175, , , , , , , , ,550,000.1,550, ,050,000 l...2,053, ,050,000 l...2, 053, ;050,000 l...:::2,053,724 nterest "' Current Year's Unrealized Other Than Ttal Freign Valuatin Current Year's Temprary Exchange Admitted ncreasel (Amrtizatin)1 mpairment Change in Effective Amunt Due & (Decrease) Accretin Recnized B.lA.C.V. Rate f Rate f Hw Paid Accrued...1 1'3221,, ,892...(1,562) , (3,549) , (3,549) , (271) Jlll... ~ (7,609l L l XXx. l XXx.. L XXx.. l l0, ~,7,609ll L L xxx. l XXx.. l XXx.. l.10, [, ::.::.: (7,609L ::::: L ~.O L xxx. L.:::::::XXX. L -.XXL l:::::::::::::.10, Dates GrssAmt. Rec. During Year Acuired Maturitv...7, / /15/ ,621 09/ /15/ ,950 09/ /10/ , / /15/ , / / ,523 L... XXx...L...XXx , xXx...L... XXx ,523 L::... XXx...L... XXx... u _ &. _ -1_ 1. l ,1. J., ;..... u J., _ u.u Ttals 2,056,842 xxx 2,117,350 2,050,000 2,053,724 (7,609 xxx xxx xxx 10,974 72,523 xxx xxx

115 ANNUAL STATEMENT FOR THE YEAR 2007 OF THE WellCare Health nsurance f llinis, nc. Schedule D - Part 2 - Sectin 1 NONE Schedule D - Part 2 - Sectin 2 NONE E09, E10

116 ANNUAL STATEMENT FOR THE YEAR 2007 OF THE WellCare Health nsurance f llinis, nc. SCHEDULE D.. PART 3 ShwinQ All LnQ-Term Bnds and Stcks ACQURED DurinQ Current Year CUSP dentificatin Descriptin FreiQn GT 1. :.:U.$. Treasury Nle ~ Tlal Bnds U.S. Gvernmenl Tlal Bnds Pari Tlal Bnds Pari Ta Bnds Tlal Preferred Slacks - Pari Tlal Preferred Slacks Tlal Cmmn Sicks Pari Ta Cmmn Slacks Tlal Preferred and Cmmn Slacks Number f Actual Date Acquired Name f Vendr Shares f Stck Cst : inis Nallnal Bank. L..::.:.: ==.: ::::r: :O.iSO,fl30...1,550, ,550, ,550, Par Value... 1,550, ,550, ,550, ,550,000 xxx xxx xxx xxx xxx Paid fr Accrued nterest and Dividends , ṃ Ttals...1,550,930 xxx...0

117 ANNUAL STATEMENT FOR THE YEAR 2007 OF THE WellCare Health nsurance f llinis, nc. SCHEDULE D - PART 4 Shwin all Ln-Term Bnds and Stcks SOLD. REDEEMED r therwise DSPOSED OF Durin Current Year Change in Bk/Adjusted Carrying Value r, Current Year's Bk/ Unrealized Other Than Ttal Freign Adjusted Freign diustej Valuatin Current Year Temprary Ttal Change in Exchange Carrying Value Exchange GainRealized Gain Ttal Gain rvin ncrease! (Amrtizatin)! mpairment B!A. C.V. Change in at (Lss) n (Lss) n (Lss) n Value /Decrease) Accretin Recnized B!A. C.v. Dispsal Date Disppsal Dispsal Dispsal,609, , , , b '~""-'-'-"""""'. "0-t 1,726,242 1,609,608 9,608 9,608 1,600,000 1, ,609,608 9,608 9,608 1,600, , , , ,600, m ~ N Ttals 1,600,000 xxx 1,726,242 1,609,608 9,608 (9,608 1,600,000 21,090 xxx

118 ANNUAL STATEMENT FOR THE YEAR 2007 OF THE WellCare Health nsurance f llinis, nc. Schedule 0 - Part 5 NONE Schedule 0 - Part 6 - Sectin 1 NONE Schedule 0 - Part 6 - Sectin 2 NONE Schedule DA - Part 1 NONE Schedule DB - Part A - Sectin 1 NONE Schedule DB - Part A - Sectin 2 NONE Schedule DB - Part A - Sectin 3 NONE Schedule DB - Part B - Sectin 1 NONE Schedule DB - Part B - Sectin 2 NONE Schedule DB - Part B - Sectin 3 NONE Schedule DB - Part C - Sectin 1 NONE E13, E14,E15, E16, E17, E18, E19

119 ANNUAL STATEMENT FOR THE YEAR 2007 OF THE WellCare Health nsurance f llinis, nc. Schedule DB - Part C - Sectin 2 NONE Schedule DB - Part C - Sectin 3 NONE Schedule DB - Part D - Sectin 1 NONE Schedule DB - Part D - Sectin 2 NONE Schedule DB - Part D - Sectin 3 NONE Schedule DB - Part E - Sectin 1 NONE E19,E20, E21,E22

120 w ~... ~ w ,",._- "-'--~-- ANNUAL STATEMENT FOR THE YEAR 2007 OF THE WellCare Health nsurance f llinis, nc. SCHEDULE E - PART 1 -CASH Amunt f nterest Amunt f nterest Received Accrued Rate f During December 31 f Desitrv Cde nterest Year Current Year Balance JP Mrgan Chase... in is ,798, ,630,766 X X Reslricled Cash... lllinis ,070 XX Nrlhern Trusl Mney MarkeL... inis _ , ,224 XX Oepsi s in... depsi lries which d nl exceed lhe allwable limil in anyne depsilry (See nslruclinsl - en desilries XXX XXX XX Tlals - Open Oepsitr ies XXX XXX 2,897,964 73,478,060 XX _ _ XX -_ XX XX......_ X X XX XX XX XX X X X X X X X X X X X X......_ X XX XX XX XX XX XX ~ XX ~ XX XX....~ XX XX _ XX XX XX XX XX XX _ XX......_ XX......_ XX _ XX XX XX XX XX ~......_ ~ XX XX......~ ~ XX XX _ XX XX... ~ XX XX XX XX XX XX XX ~.. XX XX XX XX Tta Cash n Deps i XXX XXX 2,897,964 73,478,060 XX Cash in Cmpany's Of f ice XXX XXX XXX XXX XX Ttal Cash XXX XXX 2,897,964 73,478,060 XX r' r' TOTALS OF DEPOSTORY BALANCES ON THE LAST DAY OF EACH MONTH DURNG THE CURRENT YEAR 1. January , A Pril...::t:...28,725,257 July ,151' Octber... t:..110,81o, February...16,197, May...38,810, August...93,400, Nvember...93,829, March 37,907, June 76,698, September 79,375, December 73,478, 60 E23

121 ANNUAL STATEMENT FOR THE YEAR 2007 OF THE WellCare Health nsurance f llinis, nc. SCHEDULE E - PART 2 CASH EQUVALENTS Shwln!:! nvestments Owned December 31 f Current vear Descriptin Cde Date Acquired Rate f nterest Maturitv Date Bk/Adjusted CarrvinQ Value Amunt f nterest Due & Accrued Grss nvestment ncme m N"J:: Ttal Cash Equivalents

122 ANNUAL STATEMENT FOR THE YEAR 2007 OF THE WellCare Health nsurance f llinis, nc. States, Etc. Type f Depsits SCHEDULE E PART 3 - SPECAL DEPOSTS 2 Purpse f Depsits Depsits Fr The Benefit f All Plicyhlders Bk/Adjusted 3 Fair 4 Carrying Value Value All Other Special Depsits Bk/Adjusted 5 Fair 6 Carrying Value Value ~: ~:::::.~.::::::::::::::::::::::::::::: ~~::::::J::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::t:::::::::::::::::::::::::::::::::l::::::::::::::::::::::::::::::::t::::::::::::::::::::::::::::::::::t:::::::::::::::::::::::::::::::/ 3. Arizna p;z. l~~~;j;;:~~=<;:t~ ~~;;;;T:;~~~:;~~~T;:~;;j~;L-:~~=:~~;~~j=~~T~~J Required by Flrida Office f nsurance 10. Flrida FL....8 Regul at in , Gergia GA SL :::::::::::::::::::::~.~=~.~~ t:::::::::::::::::::::::::::::::::t::::::::::::::::::::::::::::1 ~~: ~:~:i~.::::::::: ::::::: :..::::::: ~ :::::::: :::::::::::::::::::: ::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::: ::::::::::::::::::::::::::::::::::t::::::::::::::::::::::::::::::::::t::::::::::::::::::::::::::::::::t:::::::::::::::::::::::::::::t Required by llinis Oepartment f 14.linis L nsurance ,603, ndiana N wa A Kansas KS Kentucky......KY Luisiana.... LA Maine ME Maryland MD Massachusetts MA Michigan M Minnesta MN Mississippi MS Missuri MO Mntana MT Nebraska NE Nevada NV New Hampshire NH New Jersey NJ Required by New Mexic Oepartment f 32. New Mexic NM nsurance , ,930 ~ + f 33. New Yrk..... Ny Nrth Carlina NC Nrth Dakta ND Ohi OH Oklahma OK Oregn OR Pennsylvania.... PA Rhde sland r Requi red by Suth Carlina Department f 41. Suth Carlina SC nsurance , ,629 ~ Suth Dakta.... SD Tennessee TN Texas TX. 45. Utah UT Vennnt VT... Requi red by Vi rginia Department f 47. Virginia VA nsurance , , Washingtn WA West Virginia WV Wiscnsin W Wyming WY American Sama AS Guam GU Puert Ric PR US Virgin slands Vi Nrthern Mariana slands MP Canada CN Aggregate Other Alien OT.. XXx. XXx Ttal XXX XXX 2,106,794 2,174, DETALS OF WRTE NS Summary f remaining write ins fr ~~~~m~~:~ee{~~g~5803'~" t.. ::~.... ::~ t :...1,645, 234 ~ L O ~ +O E25

123 SUPPLEMENTAL EXHBT FOR THE YEAR 2007 OF THE WellCare Health nsurance f llinis, nc. A. NDVDUAL BUSNESS 1. Cmprehensive Majr Medical 1.1 With Cntract Reserves 1.2 Withut Cntract Reserves 1.3 Subttal 2. Shrt-Term Medical 2.1 With Cntract Reserves 2.2 Withut Cntract Reserves 2.3 Subttal 3. Other Medical (Nn-Cmprehensive) 3.1 With Cntract Reserves 3.2 Withut Cntract Reserves 3.3 Subttal 4. Specified/Named Disease 4.1 With Cntract Reserves 4.2 Withut Cntract Reserves N Subttal 5. Limited Benefit With Cntract Reserves Withut Cntract Reserves 5.3 Subttal 6. Student 6.1 With Cntract Reserves 6.2 Withut Cntract Reserves 6.3 Subttal 7. Accident Only r AD&D 7.1 With Cntract Reserves 7.2 Withut Cntract Reserves 7.3 Subttal 8. Disability ncme - Shrt-Term 8.1 With Cntract Reserves 8.2 Withut Cntract Reserves 8.3 Subttal ACCDENT AND HEALTH POLCY EXPERENCE EXHBT FOR YEAR United States Plicy Frms Direct Business Only Fr The Year Ended December 31,2007 Premiums Earned 2 ncurred Claims Amunt T Be Filed bv Aril1 3 4 Change in Cntract Reserves Lss Rati (2+3)/1 :::::::::::::::::::::::::::::::::::::::::::::::::::::::::f:::::::::::::::::::::::::::::::::::::::::::::::::::::::::f:::::::::::::::::::::::::::::::::::::::::::::::::::::::::f:::::::::::::::::::::::::::::::::::::::::::::::g :~~~ :::::::::::::::::::::::::::::::::::::::::::::::::::::::::f:::::::::::::::::::::::::::::::::::::::::::::::::::::::::f:::::::::::::::::::::::::::::::::::::::::::::::::::::::::f:::::::::::::::::::::::::::::::::::::::::::::::g :~~~ :::::::::::::::::::::::::::::::::::::::::::::::::::::::::f:::::::::::::::::::::::::::::::::::::::::::::::::::::::::f:::::::::::::::::::::::::::::::::::::::::::::::::::::::::f:::::::::::::::::::::::::::::::::::::::::: :::::g:~~~ :::::::::::::::::::::::::::::::::::::::::::::::::::::::::f:::::::::::::::::::::::::::::::::::::::::::::::::::::::::f:::::::::::::::::::::::::::::::::::::::::::::::::::::::::f:::::::::::::::::::::::::::::::::::::::::::::::g :~~~ :::::::::::::::::::::::::::::::::::::::::::::::::::::::::f:::::::::::::::::::::::::::::::::::::::::::::::::::::::::f:::::::::::::::::::::::::::::::::::::::::::::::::::::::::f:::::::::::::::::::::::::::::::::::::::::: :::::g:~~~ :::::::::::::::::::::::::::::::::::::::::::::::::::::::::f:::::::::::::::::::::::::::::::::::::::::::::::::::::::::f:::::::::::::::::::::::::::::::::::::::::::::::::::::::::f:::::::::::::::::::::::::::::::::::::::::::::::g :~~~ ::::::::::::::::::::::::::::::::::::::::::::::::::::::~r::::::::::::::::::::::::::::::::::::::::::::::::::::~r::::::::::::::::::::::::::::::::::::::::::::::::::::~r:::::::::::::::::::::::::::::::::::::::::::::~:~~~ ::::::::::::::::::::::::::::::::::::::::::::::::::::::~r::::::::::::::::::::::::::::::::::::::::::::::::::::a:::::::::::::::::::::::::::::::::::::::::::::::::::::~r:::::::::::::::::::::::::::::::::::::::::::::~:~~~ 5 Number f Plicies r Certificates as f Dec Number f Cvered Lives As f Dec Member Mnths

124 SUPPLEMENTAL EXHBT FOR THE YEAR 2007 OF THE WellCare Health nsurance f llinis, nc. A. NDVDUAL BUSNESS (Cntinued\ 9. Disability ncme - Lng-Term 9.1 With Cntract Reserves 9.2 Withut Cntract Reserves 9.3 Subttal 10. Lng-Term Care 10.1 With Cntract Reserves 10.2 Withut Cntract Reserves 10.3 Subttal 11. Supplement (Medigap) 11.1 With Cntract Reserves 11.2 Withut Cntract Reserves 11.3 Subttal 12. Dental 12.1 With Cntract Reserves 12.2 Withut Cntract Reserves 12.3 Subttal 13. State Children's Health nsurance Prgram 13.1 With Cntract Reserves N 13.2 Withut Cntract Reserves ~ 13.3 Subttal ~ 14.1 With Cntract Reserves ~ 14.2 Withut Cntract Reserves 14.3 Subttal 15. Medicaid 15.1 With Cntract Reserves 15.2 Withut Cntract Reserves 15.3 Subttal 16. Other ndividual Business 16.1 With Cntract Reserves 16.2 Withut Cntract Reserves 16.3 Subttal 17. Ttal ndividual Business 17.1 With Cntract Reserves 17.2 Withut Cntract Reserves 18 Grand Ttal ndividual ACCDENT AND HEALTH POLCY EXPERENCE EXHBT FOR YEAR United Slates Plicy Frms Direct Business Only Fr The Year Ended December 31,2007 Premiums Earned 2 ncurred Claims Amunt T Be Filed bv ADril1 3 4 Change in Cntract Reserves Lss Rati (2+3\/1 :::::::::::::::::::::::::::::::::::::::::::::::::::::::::f:::::::::::::::::::::::::::::::::::::::::::::::::::::::::f:::::::::::::::::::::::::::::::::::::::::::::::::::::::::f:::::::::::::::::::::::::::::::::::::::::::::::~:~~~ :::::::::::::::::::::::::::::::::::::::::::::::::::::::::f:::::::::::::::::::::::::::::::::::::::::::::::::::::::::f:::::::::::::::::::::::::::::::::::::::::::::::::::::::::f:::::::::::::::::::::::::::::::::::::::::::::::~ :~~~ :::::::::::::::::::::::::::::::::::::::::::::::::::::::::f:::::::::::::::::::::::::::::::::::::::::::::::::::::::::f:::::::::::::::::::::::::::::::::::::::::::::::::::::::::f:::::::::::::::::::::::::::::::::::::::::::::::~:~~~ :::::::::::::::::::::::::::::::::::::::::::::::::::::::::f:::::::::::::::::::::::::::::::::::::::::::::::::::::::::f:::::::::::::::::::::::::::::::::::::::::::::::::::::::::f:::::::::::::::::::::::::::::::::::::::::::::::~:~~~ ::::::::::::::::::::::::::::::::::::::::::::::::::::::~l:::::::::::::::::::::::::::::::::::::::::::::::::::::~r::::::::::::::::::::::::::::::::::::::::::::::::::::~:f:::::::::::::::::::::::::::::::::::::::::::::::~:~~~ 5 Number f Plicies r Certificates as f Dec Number f Cvered Lives As f Dec. 31 :::::::::::::::::::::::::::::::::::::21'3j79':240l:::::::::::::::::::::::::::::::::::::;75-;270':288l::::::::::::::::::::::::::::::::::::::::::::::::::::::::f::::::::::::::::::::::::::::::::::::::::::::::8~:~~~ f:::::::::::::::::::::::::::::::::::::::::::::::::::::::::f:::::::::::::::::::::::::::::::::::::::::::::20':o93l:::::::::::::::::::::::::::::::::::::::::::2:i9':i30' 213,579,240 r 175,270,288 r ,093 r 219,130 :::::::::::::::::::::::::::::::::::::::::::::::::::::::::f:::::::::::::::::::::::::::::::::::::::::::::::::::::::::f:::::::::::::::::::::::::::::::::::::::::::::::::::::::::f:::::::::::::::::::::::::::::::::::::::::::::::~ :~~~ :::::::::::::::::::::::::::::::::::::::::::::::::::::::::f:::::::::::::::::::::::::::::::::::::::::::::::::::::::::f:::::::::::::::::::::::::::::::::::::::::::::::::::::::::f:::::::::::::::::::::::::::::::::::::::::::::::~ :~~~ 0 a :::::::::::::::::::::::::::::::::::::2i'3j79','24~ ~::::::::::::::::::::::::::::::::::::::i75:2:70.'j8~ f::::::::::::::::::::::::::::::::::::::::::::::::::::::~ f::::::::::::::::::::::::::::::::::::::::::::::8~:~~~ f::::::::::::::::::::::::::::::::::::::::::::::::::::::~ f:::::::::::::::::::::::::::::::::::::::::::::20':09~ f::::::::::::::::::::::::::::::::::::::::::::2:i9':i3~ 213,579, ,2[0,288 t at t t 20,093 t 219,130 a a a 7 Member Mnths

125 SUPPLEMENTAL EXHBT FOR THE YEAR 2007 OF THE WellCare Health nsurance f llinis, nc. Ṇ N ACCDENT AND HEALTH POLCY EXPERENCE EXHBT FOR YEAR 2 United States Plicy Frms Direct Business Only Fr The Year Ended December 31,2007 (T Be Filed bv Aril Number fplicies r Certificates as f Dec Number f Cvered Lives As f Dec. 31 Premiums Earned ncurred Claims Amunt Change in Cntract Reserves Lss Rati 12+3l/1 Member Mnths B. GROUP BUSNESS Cmprehensive Majr Medical 1. Single Emplyer 1.1 Small Emplyer Other Emplyer Single Emplyer Subttal Multiple Emplyer Assns and Trusts Other Assciatins and Discretinary Trusts Other Cmprehensive Majr Medical Cmprehensive/Mair Medical Subttal Other Medical (Nn-Cmprehensive) 6. Specified/Named Disease Limited Benefit Student Accident Only r AD&D Disability ncme - Shrt-Term Disability ncme - Lng-Term Lng-Term Care Supplement (Medigap) Federal Emplyees Health Benefit Plans Tricare Denta! Other Grup Care Grand Ttal Grup Business C. OTHER BUSNESS 1. Credit (ndividual and Grup), Stp Lss/Excess Lss Administrative Services Only XXx. XXx. XXx. XXx Administrative Services Cntracts XXx. XXx. XXx. XXx.. 5. Grand Ttal Other Business D. TOTAL BUSNESS 1. Ttal Nn U.S. Plicy Frms Grand Ttal ndividual, Gru and Other Business 213, ,270, , ,130 7

126 SUPPLEMENTAL EXHBT FOR THE YEAR 2007 OF THE WellCare Health nsurance f llinis, nc. ACCDENT AND HEALTH POLCY EXPERENCE EXHBT FOR YEAR PART 1 NDVDUAL POLCES SUMMARY Lss Rati Descriptin Premiums Earned ncurred Claims Amunt Chane in Cntract Reserves /2+31/1 ~ ~~~:~~~a~;-; ~-;-:_-;;;;\;je~~-~:-'~~l:_--':_~-;:=:~;1~~:~f~l~~_-;-'-~~:;l7:= :_~:~_~:::~;~::-_~~:l-:=~-~-' l-::::-':-~:~--':::-'-~-:-:-~1e 6. Ttal 213,579, ,270, U.S. Frms Direct Business. j 2. Other Frms Direct Business PART 2. GROUP POLCES SUMMARY 2 3 Lss4Rati 1 j Descriptin Premiums Earned ncurred Claims Amunt Chane in Cntract Reserves /2+3l Ṇ... N 6. Ttal PART 3 CREDT POLCES (ndividual and Grup) SUMMARY Lss Rati Descriptin Premiums Earned ncurred Claims Amunt Chane in Cntract Reserves (2+3l/1 1. U.S. Frms Direct Business j 2. Other Frms Direct Business..0, Ttal ,000 Descriptin Premiums Earned 1. U.S. Frms Direct Business 1 213,579, Other Frms Direct Business 0 :: ~:l~~~:~~~:i:~:i~::.:.:.:::.:.:.:.:.::.::.:.::.::.::.:.:.:.:.:~:.:.:.::.:.:.::.:.:.:.:.::.:.:.:.:.:.:.:.:.:.:.:.:.:.:.:.:.:.:.:::.:.:.::.:.: ::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::~:13::~~:~::2:4~ 6. Ttal 213,579,240 PART 4 - ALL NDVDUAL,GROUP AND CREDT POLCES SUMMARY 2 ncurred Claims Amunt Chane in Cntract Reserves...175,270, ,270, ,270, Lss Rati 12+31/

127 SUPPLEMENTAL EXHBT FOR THE YEAR 2007 OF THE WellCare Health nsurance f llinis, nc. SUPPLEMENTAL NVESTMENT RSKS NTERROGATORES Fr The Year Ended December (T Be Filed by April 1) OF The WellCare Health nsurance f llinis. nc. Address (City. State and Zip Cde) Tampa. FL ~~~'t 1 NAC Grup Cde 1199 NAC Cmpany Cde Emplyer's 10 Number The nvestment Risks nterrgatries are t be filed by April 1. They are als t be included with the Audited Statutry Financial Statements. Answer the fllwing interrgatries by reprting the applicable U. S. dllar amunts and percentages f the reprting entity's ttal admitted assets held in that categry investments. 1. Reprting entity s ttal admitted assets as reprted n Page 2 f this annual statement. $ Ten largest expsures t a single issuer/brrwer/investment. ssuer 2 Descriptin fexpsure 3 Amunt 4 Percentage fttal Admitted Assets $ lj $ D $ D $. $. $.. $.. $.. $. $....D.O %...D.O %...D.O %...D.O %...D.O %...D.O %...D.O %...D.O %...D.O %...D.O % 3. Amunts and percentages f the reprting entity's ttal admitted assets held in bnds and preferred stcks by NAC rating. Bnds 1 2 Preferred Stcks NAC-1 $ % 3.07 P/RP-1 $... % NAC-2 $...0. % 3.08 P/RP-2 $... 0/c NAC-3 $...0. % 3.09 P/RP-3 $... % NAC-4 $...0. % 3.10 P/RP-4 $... ~ NAC-5 $...D. % 3.11 P/RP-5 $... ~ NAC-6 $...0. % 3.12 P/RP-6 $... ~ 4. Assets held in freign investments: 4.01 Are assets held in freign investments less than 2.5% f the reprting entity's ttal admitted assets?. Yes [X] N [] 4.02 Ttal admitted assets held in freign investments $...D.O % 4.03 Freign-currency-denminated investments $ 4.04 nsurance liabilities denminated in that same freign currency... $...., D.O %...D.O % f respnse t 4.01 abve is yes. respnses are nt required fr interrgatries

128 SUPPLEMENTAL EXHBT FOR THE YEAR 2007 OF THE WellCare Health nsurance f. llinis, nc. SUPPLEMENTAL NVESTMENT RSKS NTERROGATORES (cnt.) 5. Aggregate freign investment expsure categrized by NAC svereign rating: 6. Tw largest freign investment expsures in a single cuntry, categrized by NAC svereign rating: 7. Aggregate unhedged freign currency expsure... $ 2...D.O % 8. Aggregate unhedged freign currency expsure categrized by the cuntry's NAC svereign rating: 9. Tw largest unhedged freign currency expsures t a single cuntry, categrized by the cuntry's NAC svereign rating: 10. Ten largest nn-svereign (Le. nn-gvemmental) freign issues: 285.1

129 SUPPLEMENTAL EXHBT FOR THE YEAR 2007 OF THE WellCare Health nsurance f llinis, nc. SUPPLEMENTAL NVESTMENT RSKS NTERROGATORES (cant.) 11. Amunts and percentages fthe reprting entity's ttal admitted assets held in Canadian investments and unhedged Canadian currency expsure: Are assets held in Canadian investments less than 2.5% fthe reprting entity's ttal admitted assets?. Yes [Xl N [ f respnse t is yes, detail is nt required fr the remainder f nterrgatry Reprt aggregate amunts and percentages fthe reprting entity's ttal admitted assets held in investments with cntractual sales restrictins Are assets held in investments with cntractual sales restrictins less than 2.5% fthe reprting entity's ttal admitted assets?. f respnse t is yes, respnses are nt required fr the remainder f nterrgatry 12. Yes [Xl N [ 13. Amunts and percentages f admitted assets held in the ten largest equity interests: Are assets held in equity interest less than 2.5% fthe reprting entity's ttal admitted assets. frespnse t abve is yes, respnses are nt required fr the remainder f nterrgatry 13. Yes [Xl N [J 285.2

130 SUPPLEMENTAL EXHBT FOR THE YEAR 2007 OF THE WellCare Health nsurance f llinis, nc. SUPPLEMENTAL NVESTMENT RSKS NTERROGATORES (cnt.) 14. Amunts and percentages f the reprting entity's ttal admitted assets held in nnaffiliated, privately placed equities: Are assets held in nnaffiliated, privately placed equities less than 2.5% f the reprting entity's ttal admitted assets?. frespnse t abve is yes, respnses are nt required fr the remainder f nterrgatry 14. Yes [X N [ 15. Amunts and percentages fthe reprting entity's ttal admitted assets held in general partnership interests: Are assets held in general partnership interests less than 2.5% f the reprting entity's ttal admitted assets?. f respnse t is yes, respnses are nt required fr the remainder f nterrgatry 15. Yes [X N [ 16. Amunts and percentages f the reprting entity's ttal admitted assets held in mrtgage lans: Are mrtgage lans reprted in Schedule B less than 2.5% fthe reprting entity's ttal admitted assets?. f respnse t abve is yes, respnses are nt required fr the remainder f nterrgatry 16 and nterrgatry 17. Yes [X N [ 285.3

131 SUPPLEMENTAL EXHBT FOR THE YEAR 2007 OF THE WellCare Health nsurance f llinis, nc. SUPPLEMENTAL NVESTMENT RSKS NTERROGATORES (cnt.) 18. Amunts and percentages fthe reprting entity's ttal admitted assets held in each fthe five largest investments in real estate: Are assets held in real estate reprted less than 2.5% fthe reprting entity's ttal admitted assets?.. Yes [X] N [ ] f respnse t abve is yes, respnses are nt required fr the remainder f nterrgatry Reprt aggregate amunts and percentages fthe reprting entity's ttal admitted assets held in investments held in mezzanine real estate lans: Are assets held in investments held in mezzanine real estate lans less than 2.5% f the reprting entity's ttal admitted assets?.. f respnse t abve is yes, respnses are nt required fr the remainder f nterrgatry 19. Yes [Xl N [

132 SUPPLEMENTAL EXHBT FOR THE YEAR 2007 OF THE WellCare Health nsurance f llinis, nc. SUPPLEMENTAL NVESTMENT RSKS NTERROGATORES (cant.) 20. Amunts and percentages fthe reprting entity's ttal admitted assets subject t the fllwing types f agreements: At Year-end 1st Quarter Securities lending agreements (d nt include assets held as cllateral fr such transactins).....u. % Repurchase agreements %.$ Reverse repurchase agreements %.$ Dllar repurchase agreements %.$ Dllar reverse repurchase agreements....$ %.$... At End f Each Quarter 2nd Quarter 4.$...$ $ $ $ rd Quarter 5.$ $ $ $ $ Amunts and percentages fthe reprting entity's ttal admitted assets fr warrants nt attached t ther financial instruments, ptins, caps, and flrs: Owned Written 2 3.$ %.$ Hedging ncme generatin Other..$....$ %.$.. %.$ Amunts and percentages f the reprting entity's ttal admitted assets f ptential expsure fr cllars, swaps, and frwards: Hedging ncme generatin Replicatins Other...$...$...$....$... At Year-end st Quarter 3 %.$... %.$.. %.$.. %.$ Amunts and percentages f the reprting entity's ttal admitted assets f ptential expsure fr futures cntracts: At End f Each Quarter 2nd Quarter 4.$....$....$...$.. 3rd Quarter 5.$....$...$...$ Hedging $ ncme generatin $ Replicatins $ Other $ At Year-end 2 1st Qtr % $ % $ % $ % $.. At End f Each Quarter 2nd Qtr 4 $.. $.. $. $.. 3rd Qtr 5 $. $. $.. $

133 NAC Grup Cde 1199 SUPPLEMENTAL EXHBT FOR THE YEAR 2007 OF THE WellCare Health nsurance f llinis, nc. 2 LONG-TERM CARE (LTC) EXPERENCE REPORTNG FORM - A NATONWDE EXPERENCE PART 1 - LTC NSURANCE EXPERENCE BY CALENDAR DURATON 3 BE FLED BY APRL Change in Plicy (Active NAC Cmpanv Cde Eamed Premiums by r ncurred but Life) Reserves Over the Anticipated Calendar Calendar Duratin Plie Frm First Year ssued Duratin n aid Ttal ncurred Claims Ex erience Perid Duratin Lss Percenta e Number f nsured Lives...0 _ xXx. XXx XXx. XXx XXx. XXx XXx. XXx xXx. XXx XXX XXX 0 ctal Calendar Year XXX Plicy Frm - Calendar Year (a) Actual Lss Percentage (Cl. 6/Cl. 3).0.0 ; (b) Anticipated Lss Percentage (see nstructin Frm A tem 9) (c) Actual t Anticipated Lss Percentage (alb) w ~ ::::5~.~~~~: ~~~~~~[~!:]~~:-~1~1 ~~~~~i!l~l;]:::~~~~~~:~~;;l:~~:;~~~~~~]::;:~ ::]-~~[~1~~::~:~~~~~ :~~~:=;~~ 10+ XXX XXX trtal Calendar Year XXX Plicy Frm - Calendar Year (a) Actual Lss Percentage (Cl. 6/Cl. 3) ; (b) Anticipated Lss Percentage (see nstructin Frm A tem 9) (c) Actual t Anticipated Lss Percentage (alb) ;:~1~~~~ ;~~1~:[:;li:-~:1::::1~;~~~-i:~:;T:;~::~~[~:1 ];:~::;[~;:[:;:~~~~~]:~]:;[~;::1:: ;~~~~~~~l:l]::;::~;~~~~~~~:;~;;;~1 1~ XU UX!Ttal Calendar Year XXX Plicy Frm - Calendar Year (a) Actual Lss Percentage (Cl. 6/Cl. 3) ; (b) Anticipated Lss Percentage (see nstructin Frm A tem 9) (c) Actual t Anticipated Lss Percentage (alb)..

134 SUPPLEMENTAL EXHBT FOR THE YEAR 2007 OF THE WellCare Health nsurance f llinis, nc. LONG-TERM CARE (LTC) EXPERENCE REPORTNG FORM - A Part 2 - LTC NSURANCE EXPERENCE BY LNE OF BUSNESS 1. ndividual ;: g~~~; g~~~~t.~~.~~.~.~~.~ :::: : : : ::::: : ~ J:::::::::: 4. Ttal (sum Lines 1 t Reserve fr d and Paid ncurred But Unpaid Ttal ncurred Claims :::::::::::::::::::::::::::::::::F:::::::::::::::::::::::::::::::::::::::::::::::::::::::F:::::::: :::::::::::::::':":."::::::::::::::::::::::~ tt 0 Part 3 - EXPERENCE FOR PRODUCTS PROVDNG LTC NSURANCE OTHER THAN ON A STAND ALONE BASS w ~ Premiums and Annuitv Cnsideratins 2 Lng-Term Care Benefit Cmpnent 3 Ttal Benefits 4 Applied t Prvide Lng Term Care Benefits A. Prducts Prviding LTC Benefits With Distinct LTC Premiums ~: :~~:~:~~::=~~~~i~. :::::::::::::::.. :::::::::::... :::::::::::.~.'.'.'.'::::.':.'.'::::::::::.'.'::::.'.'.'.'::::::::::::::::::::: : :: ::..: : ::::::::::: :::: ::::::.~..:::::::::::::::::. :.1:::'JC'::.:::1:::: ::: :::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::: ::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::.:::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::: 3. ndividual- Disability. 4. ndividual- OtheL. 5. Grup - Life. 6. Grup -- Annuity.. 7. Grup - Disability. 8. Grup - Other. B. Prducts Prviding LTC Benefits Withut Distinct LTC Premiums 8. Grup - Other

135 NAC Grup Cde SUPPLEMENTAL EXHBT FOR THE YEAR 2007 OF THE WellCare Health nsurance f llinis, nc. LONG-TERM CARE EXPERENCE REPORTNG FORM - B NATONWDE EXPERENCE CUMULATVE CLAM EXPERENCE 2 a BE FLED BY APRL Anticipated Earned 6 NAC Cmpanv Cde Calendar Duratin Plic Frm First Year ssued urred Claims Premium Antici ated ncurred Claim Plic Reserves Numberf nsured Lives...0 _...., XXx XXx XXx......XXx XXx XXx ,...4 XXx......XXx XXx XXx.. 10t XXX XXX Cumulative Ttal 0 XXX XXX XXX XXX Plicy Frm - Cumulative (a) Actual Lss Percentage (Cl. 4/Cl. 3). ; (b) Anticipated Lss Percentage (see nstructin Frm B tems 9 and 10) (c) Actual t Anticipated Lss Percentage (a/b) (N N 10t XXX XXX Cumulative Ttal XXX XXX Plicy Frm - Cumulative (a) Actual Lss Percentage (Cl. 4/Cl. 3)... ; (b) Anticipated Lss Percentage (see nstructin Frm B tems 9 and 10) (c) Actual t Anticipated Lss Percentage (a/b) XXX XXX :~~,i,~~=~~:~~;:;;~~~:i~:::~~~~~:1~:;;;:1 :;:=~:i!!;~~:~~:~~~=1~~~ -;:=~-~:~~~~=:~1:=::1;~::~:~11f( ~;~=~~~r(~;;;:;=1(:1-~~~;~~~;t:~;~ 10t XXX XXX :Cumulative Ttal XXX XXX XXX XXX Plicy Frm - Cumulative (a) Actual Lss Percentage (Cl. 4/Cl. 3)...; (b) Anticipated Lss Percentage (see nstructin Frm B tems 9 and 10) (c) Actual t Anticipated Lss Percentage (a/b) ndividual.xxx ::....xxx.~: = XXx..xXx Grup direct respnse..xxx xxx....xxx......xxx Other grup XXX XXX XXX XXX 4. Ttal (sum Lines 1 t 3) 0 XXX XXX XXX XXX 5. Actual ttal reprted experience thrugh statement year..xxx......xxx......xxx xxx Actual ttal reprted experience thrugh prir year XXX XXX XXX XXX 7. Calendarvear reprted experience (Lines 5 minus 6) 0 XXX XXX XXX XXX Nte: a. Was experience prir t 1991 used in preparing this frm? Yes ] N [ b. fyes, indicate the calendar years that were included:

136 NAC Grup Cde a a a a a a a a SUPPLEMENTAL EXHBT FOR THE YEAR 2007 OF THE WellCare Health nsurance f llinis, nc. LONG-TERM CARE EXPERENCE REPORTNG FORM - C EXPERENCE N THE STATE OF.. CUMULATVE CLAM EXPERENCE a BE FLED BY APRL 1 3 NAC Cmpanv Cde Anticipated Earned Calendar Duratin Plic Frm First Year ssued urred Claims Premium Antici ated ncurred Claim Plic Reserves Number f nsured Lives , XXx. XXx XXx. XXx....,...3 XXx. XXx XXx. XXx XXx. XXx. :, 10+ XXX XXX 'Cumulative Ttal 0 XXX XXX XXX XXX Plicy Frm - Cumulative (a) Actual Lss Percentage (Cl. 4/Cl. 3). ; (b) Anticipated Lss Percentage (see nstructin Frm C tems 9 and 10) (c) Actual t Anticipated Lss Percentage (a/b) l:(:;-jj;;=-=--~: (==-=-(;;;;:;;(~t:=-~-(=-:=;:;(=-;;]:.j =-=-ii=-:=-~:-t:.;(:=-=-:;:;:=-(:::=.[==-:l~;.=-=- =-=-:(;=-=-=-::.-:.:;'(::.:l:=-(:':;;:':'=-:=-~~ ~;:~(r~=-(:: <..V <..V 10+ XXX XXX Cumulative Ttal XXX XXX Plicy Frm - Cumulative (a) Actual Lss Percentage (Cl. 4/Cl. 3)...; (b) Anticipated Lss Percentage (see nstructin Frm C tems 9 and 10) (c) Actual t Anticipated Lss Percentage (a/b) ;:;5t:.:[=:=;.(: i::;.=-::.;;;;:(::=il:=-:~(:=-;:.-~]l~:;::.l ;=-=-it:(;~-::;l=-=-:;:;:(=-=--;[=:==-=-:; =-::;]:.(:=--:~;=-:;-:.:(~-; :.(:(=];.(::_;=-:=-=-=-( 10+ XXX XXX 'Cumulative Ttal XXX XXX XXX XXX Plicy Frm - Cumulative (a) Actual Lss Percentage (Cl. 4/Cl. 3)...; (b) Anticipated Lss Percentage (see nstructin Frm C tems 9 and 10) (c) Actual t Anticipated Lss Percentage (a/b) XXX XXX ndividual XXx. :xxx.= ~ ~ XXx. XXx.. 2. Grup direct respnse.. XXX XXx. XXx. XXx.. 3. Other grup XXX XXX XXX XXX 4. Ttal (sum Lines 1 t 3) 0 XXX XXX XXX XXX 5. Actual ttal reprted experience thrugh statement year. XXx. XXx. XXx. XXX 6. Actual ttal reprted experience thrugh prir year XXX XXX XXX XXX 7. Calendar vear reprted experience (Lines 5 minus 6) 0 XXX XXX XXX XXX Nte: a. Was experience prir t 1991 used in preparing this frm? Yes [ ] N [ b. fyes, indicate the calendar years that were included:

137 SUPPLEMENTAL EXHBT FOR THE YEAR 2007 OF THE WellCare Health nsurance f llinis, nc. MEDCARE SUPPLEMENT NSURANCE EXPERENCE EXHBT Fr The Year Ended December 31,2007 (T Be Filed by March 1) FOR THE STATE OF. NAC Grup Cde. Address (City, State and Zip Cde),. Persn Cmpleting This Exhibit. Title j11 Standardized Plan Date Date Cmpliance Plicy Frm Supplement Character- Date Apprval Last Date Plicy Marketing Trade Premiums withobra Number Benefit Plan Select isties Apprved Withdrawn Amended Clsed Name Earned Ttal Experience n ndividual Plicies Plicies ssued Thruh 2004 ncurred Claims Amunt Percent f Premiums Earned 0.0 NAC Cmpany Cde Telephne Number 14 Number f Cvered Lives 15 Premiums Earned Plicies ssued in 2005, 2006, 2007 ncurred Claims Amunt Percent f Premiums Earned 0,0 18 Number f Cvered Lives c..v (j)... E...,,, 1 1 1, 1 ~ 1, 1,, 1 1 1, :, u.. "."... _. ~:::::::: :~::: :::~ :~~: :::::::~~~::::::::~:~:::::::~: :::::: :::~::::::::::::.:::::::~:::::: :~: ~~ :~:::~ ~:~ :::: :::~~::::::::: ::::::::::::~:::~: :::: ~::::::::: ~~:::: ~: ~~:: ::::::::::::: ~::~::::: ~::::::::::::: ::: ::~.... :::: _. _.::~: -- :::: :::::: ~::::::::::::: ::::::::::~:::::: ::::::::::: :::::~ :::::::::::~: ~~::::::: :::::::::::::: :::::::::::::~ :::::::::::::::::::::::: ~: ~:.::::::: ~ ~ :~ ~~::::::::::::::: :::::::::::::::~~::~:~:~:::~ :~::::: :~:~:::::::::::::::: Ttal Experience n Grup Plicies 0,0 0,0 1. f respnse in Clumn 1 is n, give cmplete and full details: GENERAL NTERROGATORES i r ii Claims address and cntact persn prvided t the Secretary f Health and Human Services as required by 42 U.S.C. 1395ss(c)(3)(E) fr this state. 2.1 Address:,. 2.2 Cntact Persn and Phne Number:. Billing address and cntact persn fr user fees established under 41 U.S,C. 1395u(h)(3)(B). 3.1 Address:,. 3,2 Cntact Persn and Phne Number:. Explain any plicies identified abve as plicy type "0". ~ f

138 ANNUAL STATEMENT FOR THE YEAR 2007 OF THE WellCare Health nsurance f llinis, nc. Part 0 Cverage Supplement NONE 365

139 SUPPLEMENTAL EXHBT FOR THE YEAR 2007 OF THE WellCare Health nsurance f llinis, nc. NATONAL ASSOCATON OF NSURANCE COMMSSONERS SCHEDULE SS STOCKHOLDER NFORMATON SUPPLEMENT Fr The Year Ended December 31, 2007 (T Be Filed by March 1) REQURED BY THE APPLCABLE QUESTON ON THE SUPPLEMENTAL EXHBTS AND SCHEDULES NTERROGATORES FOR THE PROPERTY/CASUALTY, LFE ACCDENT AND HEALTH, TTLE AND HEALTH NSURANCE BLANKS TO ~f.j(}r~~,the COMPANY TO THE NSURANCE DEPARTMENT OF THE STATE OF 420

140 SUPPLEMENTAL EXHBT FOR THE YEAR 2007 OF THE WellCare Health nsurance f llinis, nc. FNANCAL REPORTNG TO STOCKHOLDERS 1. Did the cmpany distribute t its stckhlders prir t the Annual Meeting during the year an Annual Reprt fr the previus year? Answer: Yes [ ] N [ X ] f answer is "Yes" attach cpy. fanswer is "N" explain in detail belw. Attach separate sheet if necessary. l'ellcare Heal th nsurance f inis nc. is a subsidiary wi th ne crprate stckhlder. 2. Will the cmpany distribute t its stckhlders prir t the Annual Meeting during the fllwing year an Annual Reprt fr the current year? Answer: Yes [ ] N [ X ] f answer is "Yes" a cpy f the reprt shall be frwarded t the nsurance Cmmissiner f the cmpany's dmiciliary state at the same time as it is distributed t stckhlders. f answer is "N" explain in detail belw. Attach separate sheet if necessary. l'ellcare Heal th nsurance f inis nc. is a subsidiary wi th ne crprate stckhlder. 3. f an Annual Reprt t stckhlders was distributed fr the previus year; (1) was such distributin prir t r cntempraneus with the slicitatin f prxies in respect t the Annual Meeting? Answer: Yes [ ] N [ X ] f the answer is "N" explain in detail belw. Attach separate sheet if necessary. Ylellcare Heal th nsurance f inis nc. is a subsidiary wi th ne crprate stckhlder. (2) Did it cntain the fllwing financial statements (indicate answer in Clumn A) and were such financial statements prepared substantially n the basis (individual r cnslidated) as required t be present in the Cmpany's Annual Statement (indicate answer in Clumn B)? ClumnA Yes T be answered by Life and A&H Cmpanies: N Clumn B Yes N a. Statement f Asset~, Liabilities, Surplus and Other Funds b. Summary f Operatrns... c. Surplus Accunt... T be answered by Prperty and Casualty Cmpanies: a. Statement fassets, Liabilities, Surplus and Other Funds b. Statement f ncme - Underwriting and nvestment Exhibit..... c. Capital and Surplus Accunt... T be answered by Title nsurance Cmpanies: a. Statement fassets, Liabilili~s, Surplus and Other F~n~s r r r r /.. b. Statement f ncme-operatins and nvestment Exhibit... c. Capital and SurplUS Accunt! T be answered by Health nsurance Cmpanies: a. Statement fassets, Liabilities, Capital and SurPlus r.. r.. r,.. b. Statement f Revenue and Expenses.. c. Capital and Surplus AccunL. 420

141 SUPPLEMENTAL EXHBT FOR THE YEAR 2007 OF THE WellCare Health nsurance f llinis, nc. NFORMATON REGARDNG MANAGEMENT AND DRECTORS 1. Furnish the fllwing infrmatin fr each directr, and fr each fthe three highest paid fficers, whse aggregate direct remuneratin exceeded $100,000 during the year, narning each such persn. 1 Benefits Accrued r Set Est. Annual Benefits Aside Durin Year U n Retirement Principal Occupatin Served as Aggregate Direct Other Emp. Retirement Other Emp. Name and Title rem 10 ment Directr Frm Remuneratin Retirement Plan Benefits Plan Benefits _ _... _ u _ _ _-_._ _ _ _......_......_......_......_ NONE _ ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~... ~~~..~~~~~~~..~~...'. ~~~...~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ ~~..._ _......_ Furnish n a separate sheet the fllwing infrmatin as t each fthe individuals named abve (r state belw that such infrmatin is nt present): A. nfrmatin as t any material interest, direct r indirect, n the part fsuch individual during the year in any material transactin r any material prpsed transactin as t which the Cmpany, r any fits SUbsidiaries, was r is t be a party. B. nfrmatin as t all ptins t purchase securities fthe Crnpany granted t r exercised by each such individual during the year. 2. Answer "yes" r "n" in each clumn as t whether r nt the infrmatin in tem 1 abve has been, r will be, furnished t stckhlders in anrc prxy statement relating t (i) the electin f directrs, (ii) any bnus, prfit sharing r ther remuneratin plan, cntract r arrani;lement in which any directr, nminee r electin as a directr, r fficer fthe Cmpany will participate, (iii) any pensin r retirement plan in which any such persn Will partic~ate, r (iv) the granting rextensin t any such persn f any ptins, warrants, r rights t purchase any securities, ther than warrants r rigtits issued t security hi ers, as such, n a pr rata basis. f any answer is "n" explain in detail n a separate sheet. Yes [ ] N [ J Yes [ ] N [ J Yes [ ] N [ ] Yes [ J N [ ] Yes [ J N [ ] Yes [ ] N [ ] Yes [ ] N [ ] Yes [ J N [ J 3. Furnish the infrmatin specified in tem 1 fr all directrs and all fficers fthe Cmpany, as a grup, withut naming them....j(xx......j(xx......j(xx Did the stckhlders have an pprtunity t vte fr r against the electin f directrs and als ther matters t be presented at any stckhlder's meeting? Answer: Yes [ ] N [ ] f answer is "n" explain n separate sheet. 5. Will the Cmpany slicit prxies frm its stckhlders during the fllwing year and will such slicitatin(s) precede any sharehlders' meeting r meetings by at least 10 days? Answer: Yes [ ] N [ ] f answer is "yes" and prxies are t be slicited, cpies fthe prxy' statement and frm f prxy and ther sliciting material t be furnished stckhlders shall be submitted t the nsurance Cmmissiner f the Cmpany's dmiciliary state at least 10 days prir t the date such material is first sent r given t stckhlders. f answer is "n" and prxies are nt t be slicited frm stckhlders, explain in detail belw. Attach separate sheet if necessary _-_.

142 ~-~---'~~-- SUPPLEMENTAL EXHBT FOR THE YEAR 2007 OF THE WellCare Health nsurance f llinis, nc. STATEMENT OF BENEFCAL OWNERSHP OF SECURTES Current Year Name and title f (a) Each 6 8 Directr and Each Officer with any wnership and (b) any Owned at Acquired Held Less Held 6 Owned at ther Owner fmre than Title Nature f End f During Than 6 Mnths r End f 10% f Securi Ownershi Prir Year Current Year Mnths Mre Current Year...D...D...D...D...D...D...D...,...D _......_-_......_-_......_ _ ~:~::~=:~=:~:::::::~:~~NGN-:E-::::=:~::~:::=:::=~::::::~::::: Nte: Answer "yes" r "n" as t whether the infrmatin cncerning the number f shares wned at the end f the year (as shwn in Clumn 8) by each Directr and the three highest paid Officers whse aggregate direct remuneratin exceeded $100,000 during the year, has been r will be furnished t stckhlders in a prxy statement r therwis Answer: Yes [ ] N [ ] f answer is "n" explain in detail n separate sheet. State the number f stckhlders f recrd fthe cm any at the end fthe year. Answer: