Datapoint: Triple-S Approves GuideWell Acquisition

GuideWell Mutual Holding Corp.’s acquisition of Triple-S Management Corp. is one step closer to completion, as Triple-S’s stockholders on Monday approved the deal. With 991,758 members, Triple-S is the largest insurer in Puerto Rico, offering products across the spectrum of the health insurance market, notably group risk-based plans (247,651 members) and managed Medicaid (451,330 members). GuideWell is the parent company of Florida Blue, the largest insurer in Florida. The deal is expected to close in the second quarter of 2022, subject to regulatory approval.

Source: AIS’s Directory of Health Plans

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