Healthcare Finance News January 3, 2025
Susan Morse

Co-op Common Ground Healthcare Cooperative offers individual and small-group exchange plans in 24 counties in Wisconsin.

CareSource in Ohio has completed the acquisition of Common Ground Healthcare Cooperative (CGHC), the only insurer to have continuously served the Affordable Care Act marketplace in Eastern Wisconsin since 2014, according to CGHC.

Common Ground Healthcare Cooperative offers individual and small-group exchange plans in 24 counties in Wisconsin.

CareSource is a nonprofit, managed care organization with over 2 million members.

The transaction between the two nonprofits was effective on January 1, according to CareSource.

The Wisconsin Office of the Commissioner of Insurance approved the affiliation after the Centers for Medicare and Medicaid Services Center for Consumer Information and Insurance Oversight allowed...

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Topics: ACA (Affordable Care Act), Insurance, Mergers & Acquisitions / JV, Trends
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