Inter Valley Health Plan ends operations after 43 years in Pomona [The Press-Enterprise] - Insurance News | InsuranceNewsNet

InsuranceNewsNet — Your Industry. One Source.™

Sign in
  • Subscribe
  • About
  • Advertise
  • Contact
Home Now reading Newswires
Topics
    • Advisor News
    • Annuity Index
    • Annuity News
    • Companies
    • Earnings
    • Fiduciary
    • From the Field: Expert Insights
    • Health/Employee Benefits
    • Insurance & Financial Fraud
    • INN Magazine
    • Insiders Only
    • Life Insurance News
    • Newswires
    • Property and Casualty
    • Regulation News
    • Sponsored Articles
    • Washington Wire
    • Videos
    • ———
    • About
    • Meet our Editorial Staff
    • Advertise
    • Contact
    • Newsletters
  • Exclusives
  • NewsWires
  • Magazine
  • Newsletters
Sign in or register to be an INNsider.
  • AdvisorNews
  • Annuity News
  • Companies
  • Earnings
  • Fiduciary
  • Health/Employee Benefits
  • Insurance & Financial Fraud
  • INN Exclusives
  • INN Magazine
  • Insurtech
  • Life Insurance News
  • Newswires
  • Property and Casualty
  • Regulation News
  • Sponsored Articles
  • Video
  • Washington Wire
  • Life Insurance
  • Annuities
  • Advisor
  • Health/Benefits
  • Property & Casualty
  • Insurtech
  • About
  • Advertise
  • Contact
  • Editorial Staff

Get Social

  • Facebook
  • X
  • LinkedIn
Newswires
Newswires RSS Get our newsletter
Order Prints
November 7, 2022 Newswires
Share
Share
Post
Email

Inter Valley Health Plan ends operations after 43 years in Pomona [The Press-Enterprise]

Press-Enterprise (Riverside, CA)

After serving the Inland region for 43 years, Inter Valley Health Plan will shut down operations at the end of the year due to declining enrollment.

The nonprofit Medicare Advantage healthcare insurance provider found it “difficult to compete in the current environment against companies with benefits and marketing budgets supported by membership in the millions,” CEO Michael Nelson said in a statement.

With its declining enrollment, the plan had become “a minnow in a sea of whales,” Nelson continued.

Nelson did not discuss current enrollment numbers, but in his statement he noted IVHP had 50,000 commercial members and 25,000 senior members at its peak enrollment in the late 1980s.

The decision to end operations, announced in October, wasn’t an easy one, health plan officials said. IVHP’s board of directors examined, with the help of a national consulting firm, all viable options to move forward.

“Ultimately, the company decided that an orderly wind down of operations would be necessary and prudent,” Nelson said.

In a separate message to members, Nelson said when it came time for IVHP to renew its contract with Medicare, “it became clear that in today’s highly competitive Medicare environment, we would not be able to continue to provide the high-level of benefits that you, our members, deserve.”

Current members are being asked through the Medicare annual open enrollment period to choose a new insurance plan for 2023.

However, services will continue as normal through December. Patients insured by IVHP who seek care at Pomona Valley Hospital Medical Center may still do so by enrolling with SCAN or United Healthcare, Nelson said.

IVHP’s service area includes Los Angeles, San Bernardino, Riverside and Orange counties. However, IVHP has long been a recognizable organization in the Inland Valley, particularly in Pomona, where its headquarters are located at 300 S. Park Ave.

About 25 IVHP employees will transition to PVHMC, primarily focused on patient services, scheduling and clinical integration, Nelson said in an email Friday, Nov. 4.  About 115 workers are located at its Pomona headquarters, according to IVHP’s website.

IVHP was formed in 1979 by a small group of physicians and administrators from Pomona Valley hospital who saw a “need for a strong community health plan in the Inland Empire,” according to the company’s website.

“In our 43-year history, this is, without a doubt, the most difficult and heartbreaking news we’ve had to share,” Nelson said. “Thank you for entrusting your health care needs to us.”

©2022 MediaNews Group, Inc. Visit pe.com. Distributed by Tribune Content Agency, LLC.

Older

MetLife, New York Jets and New York Giants Team up for Online Auctions to Support Students in Tri-State Area

Newer

AGA Italy

Advisor News

  • CT governor’s candidates claims: What’s true, and what’s misleading
  • Retaining clients by giving them a memorable experience
  • Addressing the longevity paradox
  • Employers shift focus from retirement access to financial outcomes
  • Helping widowed clients navigate their new financial reality
More Advisor News

Annuity News

  • Farm Bureau P&C insurers post first underwriting gain since 2021
  • Legacy Marketing, Malibu Life launch two fixed indexed annuities
  • Changing client priorities are reshaping annuity conversations
  • Solen Software acquires annuity software provider Cooperative Technologies
  • MassMutual Expands Lending Options With New Secured Credit Line
More Annuity News

Health/Employee Benefits News

  • Cost of employer-sponsored health insurance plans rises again, nonpartisan survey finds
  • Centene sues feds over low ratings for senior health plans
  • Terry Savage: Small business owners, now is the time to offer health insurance coverage
  • Aldermen select employee medical insurance broker services provider
  • Southwest Bridge Health focusing on insurance coverage gap in Berrien County
More Health/Employee Benefits News

Life Insurance News

  • Life insurer ordered to stop selling new policies in Virginia
  • AM Best to Present and Participate at 2026 Shanghai International Reinsurance Conference
  • Agents often missing from the loop on life, LTC insurance rate increases
  • Meiji Yasuda Life Insurance Company Trademark Application for “PEACE OF MIND, FOREVER” Filed: Meiji Yasuda Life Insurance Company
  • SoFi and Prudential Financial team up to expand access to life insurance
Sponsor
More Life Insurance News

NEWS INSIDE

  • Companies
  • Earnings
  • Economic News
  • INN Magazine
  • Insurtech News
  • Newswires Feed
  • Regulation News
  • Washington Wire
  • Videos

FEATURED OFFERS

Press Releases

  • Benefits Studio Launches to Fill the Missing Middle of Benefits Navigation at $49/mo
  • Lauren Sinnott Named to Ragan’s Top Women in Marketing Awards, Class of 2026 
More Press Releases > Add Your Press Release >

How to Write For InsuranceNewsNet

Find out how you can submit content for publishing on our website.
View Guidelines

Topics

  • Advisor News
  • Annuity Index
  • Annuity News
  • Companies
  • Earnings
  • Fiduciary
  • From the Field: Expert Insights
  • Health/Employee Benefits
  • Insurance & Financial Fraud
  • INN Magazine
  • Insiders Only
  • Life Insurance News
  • Newswires
  • Property and Casualty
  • Regulation News
  • Sponsored Articles
  • Washington Wire
  • Videos
  • ———
  • About
  • Meet our Editorial Staff
  • Advertise
  • Contact
  • Newsletters

Top Sections

  • AdvisorNews
  • Annuity News
  • Health/Employee Benefits News
  • InsuranceNewsNet Magazine
  • Life Insurance News
  • Property and Casualty News
  • Washington Wire

Our Company

  • About
  • Advertise
  • Contact
  • Meet our Editorial Staff
  • Magazine Subscription
  • Write for INN

Sign up for our FREE e-Newsletter!

Get breaking news, exclusive stories, and money- making insights straight into your inbox.

select Newsletter Options
Facebook Linkedin Twitter
© 2026 InsuranceNewsNet.com, Inc. All rights reserved.
  • Terms & Conditions
  • Privacy Policy
  • InsuranceNewsNet Magazine

Sign in with your Insider Pro Account

Not registered? Become an Insider Pro.