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 ...

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 ...

Bright Health Group has announced it is selling its California Medicare Advantage business to Molina Healthcare for an estimated $600 million in the purchase price for shares. The MA business includes ...

Bright Health has announced a signed agreement to acquire California-based Universal Care, d.b.a. Brand New Day health plan. The financial terms were not disclosed in a transaction expected to close ...

Bright Health Group is selling its California Medicare Advantage business for $600 million, a move that marks its complete exodus from the health insurance business. California-based Molina Healthcare ...

Bright Health Group has agreed to sell its Medicare Advantage plans to its publicly traded peer Molina Healthcare. Regulators must approve the deal. But the pending sale of its Medicare Advantage ...

OKLAHOMA CITY (KFOR)- Bright Health plans will discontinue offering its health plans in 2023 in Affordable Care Act (ACA) markets across the country, including Oklahoma. Bright Health offered ...

Bright Health Group started as a health insurance company. But it will no longer be one. Bright is looking to sell off the Medicare Advantage plans it manages in California, the company said Friday.

Bright Health Plan currently offers a range of individual, family and Medicare Advantage plans in Alabama, Arizona, Colorado, New York, Ohio and Tennessee via its website, call center, broker partners ...

Health insurance companies will lose $1.1 billion in expected exchange risk-adjustment payments this year because two troubled companies can't make good on their obligations, the Centers for Medicare ...

Medical clinics in Summit County, Colo., are protesting Bright Health over complaints of unpaid or denied claims. Bright Health is the selected carrier of Peak Health Alliance, a local health ...