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Justice Department Requires Divestiture of Tufts Health Freedom Plan in Order for Harvard Pilgrim and Health Plan Holdings to Proceed With Merger

Imperial Valley News
Imperial Valley News Center
Justice Department Requires Divestiture of Tufts Health Freedom Plan in Order for Harvard Pilgrim and Health Plan Holdings to Proceed With Merger
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Written by IVN
Washington, DC - The Department of Justice announced today that it would require Harvard Pilgrim Health Care (Harvard Pilgrim) and Health Plan Holdings (fka Tufts Health Plan) to divest Tufts Health Freedom Plan Inc. (Tufts Freedom), in order to proceed with their merger. Tufts Freedom is Health Plan Holdings’ commercial health insurance business in New Hampshire.
The department has approved UnitedHealth Group Inc. (United), as the buyer. Health insurance is an integral part of the American healthcare system, and the proposed settlement will maintain competition for the sale of commercial health insurance to private employers in New Hampshire with fewer than 100 employees. ....

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U.S., New Hampshire Sue to Block Merger of Health Insurance Suppliers

Health
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December 15, 2020
The United States and New Hampshire have filed a civil antitrust action in the District of New Hampshire to halt the proposed merger of two commercial health insurance sellers, Harvard Pilgrim Health Care, Inc. and Health Plan Holdings, Inc. Monday’s filing alleges that consolidation will likely harm New Hampshire commercial group health insurance purchasers by raising prices, decreasing quality, and reducing healthcare choices.
According to the filing, Harvard Pilgrim has over one million members who subscribe to its commercial group health insurance. Its customers are reportedly small and large employer groups in New Hampshire, Massachusetts, Connecticut, and Maine. ....

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DOJ requires sale of Tufts Health Freedom Plan in proposed merger

DOJ requires sale of Tufts Health Freedom Plan in proposed merger
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