Datapoint: Fallon Health to Exit Commercial Insurance Market
April 7
Worcester, Massachuetts-based insurer Fallon Health last week said it will “shift away” from most commercial product lines as of April 1, citing a renewed focus on Medicare and Medicaid. Fallon currently has 52,208 members in commercial risk-based plans, with 61% enrolled in a group risk product. The insurer also covers 72,500 lives through self-funded contracting arrangements.
Source: AIS’s Directory of Health Plans
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