Health Systems Split on Launching or Exiting Insurance Plans
Becker's Hospital Review reports that health systems are taking divergent approaches to running insurance plans. Carle Health, Michigan Medicine, Memorial Hermann, Providence, and UMass Memorial have each shuttered or sold their insurance arms within the past two years, the outlet reports. Meanwhile MultiCare, St. Luke's Health System, and Bronson Healthcare are launching or expanding plans for 2027, with system leaders citing tight geographic footprints, existing value-based care infrastructure, and long investment timelines rather than rapid growth as reasons for entering the market. Henry Ford Health's Health Alliance Plan grew its Medicare Advantage enrollment by nearly 46% year over year, according to the report, though the source does not describe further detail on Henry Ford's plans.