True Well being New Mexico, which gives particular person medical insurance insurance policies to 1000’s of state residents by means of the medical insurance alternate, has a brand new proprietor however will retain its title and govt group.
“This might be a really clean transition for our members,” mentioned Dr. Mark Epstein, CEO of True Well being. “Our individuals stay the identical. Our plans stay the identical. “
Evolent Well being of Arlington, Virginia, launched True Well being in January 2018. The corporate introduced Wednesday that it was promoting its New Mexico subsidiary to Brilliant Well being of Minneapolis.
True Well being is one among 5 insurance coverage suppliers listed on beWellnm, the New Mexico medical insurance alternate for the self-employed and others not lined by their employers.
Epstein mentioned Brilliant Well being is “nicely aligned with our imaginative and prescient of caring for our neighborhood.” Whereas Evolent is giving up possession, he added, it’s coming into right into a administration companies settlement with Brilliant Well being to proceed offering claims and fee companies for True Well being.
True Well being, a physician-led healthcare supplier, has 34,000 members in New Mexico. Together with beWellnm members, True Well being additionally serves employers massive and small, and federal staff.
With Brilliant Well being because the proprietor, Epstein believes that True Well being will increase its member base.
“We are going to enter new strains of enterprise to seize new alternatives and produce 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, the state’s official medical insurance market, and the Arizona Care Community, a gaggle of 5,500 well being care suppliers.
“Brilliant Well being got down to reimagine how healthcare is delivered on this nation and create a really personalised, environment friendly and inexpensive healthcare expertise by aligning the pursuits of sufferers, suppliers, distributors and the well being plan,” mentioned the CEO of Brilliant Well being, Simeon Schindelman mentioned in a press launch.
“The True Well being New Mexico group shares that imaginative and prescient,” the assertion mentioned, “and we’re excited to construct on their distinctive report of alignment and progress and work collectively to enhance affordability and high quality of look after the individuals of New Mexico. . “