Datapoint: GuideWell Finalizes Triple-S Acquisition

GuideWell Mutual Holding Corporation, the parent company of Florida Blue, on Feb. 1 finalized its acquisition of Triple-S Management Corp., the largest insurer in Puerto Rico. Triple-S offers products across the spectrum of the health insurance market, notably group risk-based plans (247,651 members) and managed Medicaid (451,330 members). The $900 million deal will boost GuideWell’s enrollment by 25.5%, to more than 4.8 million lives.

Source: AIS’s Directory of Health Plans

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