Bright Health expands: 3 things to know

Health insurance startup Bright Health outlined its 2021 expansion plans June 30, which include selling products in six new markets. 

Three things to know: 

1. The Minneapolis-based health plan will sell Medicare Advantage, individual and family plans in new markets across Florida, North Carolina and Illinois.

2. Bright Health will offer employer-sponsored plans in some markets for the first time in 2021, pending final regulatory approval.

3. The self-funded employer option will be for employers with 20 to 100 employees, while an administrative services only plan will be available for employers with more than 100 employees. A fully funded option will also be available for small businesses in Denver, Nashville, Memphis and Nebraska.

Read more here

More articles on payers:
BCBS of Texas president is out: 4 things to know
BCBS of North Carolina to pay primary care clinics to switch to value-based model
Ex-Cigna exec: I used to discredit Canada's health system, but they do it better

© Copyright ASC COMMUNICATIONS 2020. Interested in LINKING to or REPRINTING this content? View our policies by clicking here.

 

Featured Webinars

Featured Whitepapers