Becker's Healthcare December 19, 2025
Jakob Emerson

When Patrick Gilligan was interviewing for the top job at Point32Health earlier this year, he knew the nonprofit insurer was struggling. But Mr. Gilligan, a 30-year industry veteran who has worked on both sides of the payer-provider divide, saw something else: the potential collapse of meaningful competition in New England’s health insurance market.

“I have been on the health plan side for a long time in my career, and I’ve seen markets where you get down to three or even just two payers, and it’s really bad for the market,” he told Becker’s. “It’s bad for employers. It’s bad for brokers. You have no innovation, you have no differentiation, and you just swap market share. It’s bad for healthcare.”

That...

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