In Massachusetts, the two largest insurers, Harvard Pilgrim Health Care and Tufts Health Plan, have announced plans to merge. Modern Healthcare provides an excellent breakdown of what this could mean for patients and providers in Massachusetts.
“Tufts is very well-known player in Medicare Advantage…that space is getting more crowded. Combining will create more scale and investment for a Tufts-Harvard Pilgrim combined entity to combat the Humanas and Aetnas, but also new entrants like Oscar.”
“Experts are skeptical that a Harvard Pilgrim and Tufts merger would do much to fix healthcare problems and could even lead to higher costs for patients.”