True Well being New Mexico, which gives particular person medical health insurance insurance policies to 1000’s of state residents by means of the medical health insurance change, has a brand new proprietor however will retain its title and govt workforce.
“This will likely be a really seamless transition for our members,” Dr. Mark Epstein, True Well being CEO, mentioned. “Our individuals keep the identical. Our plans keep the identical.”
Evolent Well being of Arlington, Va., launched True Well being in January 2018. The corporate introduced Wednesday it was promoting its New Mexico subsidiary to Brilliant Well being of Minneapolis.
True Well being is one in all 5 insurance coverage suppliers listed on beWellnm, New Mexico’s medical health insurance change for self-employed staff and others who don’t obtain protection by means of their employers.
Epstein mentioned Brilliant Well being is “nicely aligned with our imaginative and prescient of caring for our neighborhood.” Whereas Evolent is relinquishing possession, he added, it’s getting into right into a administration service settlement with Brilliant Well being to proceed offering claims and cost companies for True Well being.
True Well being, a physician-led well being care supplier, has 34,000 members in New Mexico. Together with beWellnm members, True Well being additionally serves small and huge employers, and federal staff.
With Brilliant Well being as proprietor, Epstein believes True Well being will increase its member base.
“We are going to enter new strains of enterprise to seize new alternatives to deliver new companies to extra individuals,” he mentioned.
Brilliant Well being gives insurance coverage insurance policies and managed care companies in 13 states and is a part of Join for Well being Colorado, that state’s official medical health insurance market, and the Arizona Care Community, a bunch of 5,500 well being care suppliers.
“Brilliant Well being got down to reimagine how healthcare is delivered on this nation, and to create a very customized, environment friendly, and reasonably priced healthcare expertise by means of aligning the pursuits of sufferers, suppliers, distributors, and the well being plan,” Brilliant Well being CEO Simeon Schindelman mentioned in a information launch.
“The workforce at True Well being New Mexico shares that imaginative and prescient,” the assertion mentioned, “and we’re excited to construct upon their distinctive historical past of alignment and development and work collectively to enhance affordability and the standard of take care of the individuals of New Mexico.”