Becker's Healthcare January 26, 2026
Elizabeth Casolo

The new year started off strong with a handful of payer mergers and acquisitions, often known as affiliations for nonprofits.

Here are five M&A moves so far:

1. North Dakota regulators approved an affiliation between BCBS North Dakota and Cambia Health Solutions Jan. 23, taking effect Feb. 1. The insurers announced their plans to affiliate in August 2025.

2. Fallon Health will join fellow nonprofit insurer Boston-based Mass General Brigham Health Plan after an “intentional process to identify a long-term partner,” a Jan. 8 statement said.

3. Blue Cross Blue Shield licensee Hawaii Medical Service Association and Honolulu-based Hawaii Pacific Health — which includes ACO Hawaii Health Partners — will affiliate under a new nonprofit parent organization,...

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Topics: Insurance, Mergers & Acquisitions / JV, Payer, Trends
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