Madison-based insurer buys Health Tradition, saving it from closure
The HMO had been slated to close because of the challenges of maintaining a small plan amid the uncertainty of the insurance market, Mayo official
Political wrangling over the Affordable Care Act has created havoc among many insurers and health care institutions, although Kruse said that was less a factor than the business model.
The projected closing had left Health Tradition policyholders -- including 2,000 who are 65 and older and another 7,000 commercial clients -- wondering where to obtain coverage. Health Tradition, which covers 15 counties, was founded about three decades ago.
"This is good news for patients and employers in this region, as it creates another choice for people who wish to receive their care at
The nonprofit
WEA also will offer employer plans for small and large companies, as well as Medicare recipients.
"We are excited for this next step in our journey and to continue to provide high-quality provider access through the
"Throughout the past 10 years,
The agreement was a natural step for both companies, providing an expansion opportunity for
The deal also ensured multiple health insurance options for western and southwestern
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