Medical Mutual has entered into an agreement to acquire HealthSpan’s group and individual health insurance business. Approximately
105,000 members covered by a variety of commercial, individual and Medicare products throughout Ohio will be impacted.
HealthSpan’s individual and Medicare members will not be affected at this time and there will be no changes to their insurance coverage during calendar year 2016.
Medical Mutual will offer replacement healthcare coverage to HealthSpan’s group business on the earlier of the employer groups’ renewal date or midnight on August 31, 2016.
HealthSpan will cease operating all lines of business by January 1, 2017.
Additionally, HealthSpan Inc. has sold its network rental business to Medical Mutual of Ohio (MMO).