UPDATE: Dec. 18, 2023: Molina Healthcare and Bright Health agreed to lower the purchase price of Bright’s California Medicare Advantage plans to about $425 million, net of certain tax benefits. It's ...
Bright HealthCare provides small business, individual, family and Medicare Advantage health insurance plans. These plans are only available in limited markets in the United States, and the company ...
Bright Health signed an agreement to acquire Universal Care, a California-based Medicare health plan, the health insurance startup announced Jan. 8. Universal Care, which operates as Brand New Day, ...
After Bright Health Group announced last week that it plans to sell its California Medicare Advantage business — essentially ending its insurance business altogether — industry experts are saying it ...
Following a sale, Bright intends to focus on its consumer care products, according to Chief Financial Officer Cathy Smith. “While we cannot make any assurances around the potential outcome of the ...
The health insurer will also no longer offer Medicare Advantage plans outside of California and Florida. Bright Health Group is scaling back its business in 2023 by cutting individual and family plan ...
Officials with the financially troubled insurtech Bright Health did not take questions at the end of their earnings call Tuesday, citing the company's efforts to find a buyer for its California ...
Bright Health Group announced Tuesday that it won't offer individual and family health plans through its insurtech Bright HealthCare next year, and that it's cutting Medicare Advantage products ...
Bright Health Group is pulling individual Obamacare and family health insurance plans from nine states, which will force hundreds of thousands of Americans to choose new healthcare coverage for next ...
Minneapolis-based Bright Health said Thursday it has raised $160 million to fund expansion plans that include selling health plans to seniors who get their Medicare benefits through private insurers.
CONTRA COSTA, Calif.--(BUSINESS WIRE)--Bright HealthCare 1 announced today that it will offer affordable health plan options through Covered California’s state-based exchange to individuals residing ...