Health Alliance Plan and CareSource Secure Regulatory Approval for Medicaid Joint Venture in Michigan
Retrieved on:
Thursday, August 17, 2023
Michigan Department of Licensing and Regulatory Affairs, Medicare Advantage, Medicaid, Partnership, Financial services, Health equity, Medicare, Name, Physician, MNsure, HAP, Health insurance marketplace, Henry Ford Health, Michigan Department of Insurance and Financial Services, Michigander, CareSource, Nursing, Health insurance, Management
DETROIT, Aug. 17, 2023 /PRNewswire/ -- Health Alliance Plan (HAP), a Michigan-based nonprofit health plan, and CareSource, an Ohio-based nonprofit managed care health plan, received regulatory approval to move forward with their joint venture after a comprehensive review by state and federal regulatory agencies. Operating as "HAP CareSource," the entities will develop new programs and products to better serve the people of Michigan and provide expansive and higher quality health care coverage to more residents across the state.
Key Points:
- Leading health care providers operating as "HAP CareSource" to create innovative programs focused on health equity.
- DETROIT, Aug. 17, 2023 /PRNewswire/ -- Health Alliance Plan (HAP), a Michigan-based nonprofit health plan, and CareSource, an Ohio-based nonprofit managed care health plan, received regulatory approval to move forward with their joint venture after a comprehensive review by state and federal regulatory agencies.
- HAP, one of the most trusted names in Michigan health insurance, currently provides Medicaid coverage to 43,000 HAP Empowered members in Michigan, along with Medicare Advantage and commercial plans.
- CareSource, one of the nation's largest managed Medicaid and government-sponsored health care organizations, serves 2.3 million members in Ohio, Indiana, Kentucky, Georgia, Arkansas, North Carolina and West Virginia, including Medicaid, Health Insurance Marketplace and Medicare products.