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GHI – originally named Group Health Association of New York – was established in 1937 to provide New York's working families access to medical services. [4] [5] This new health care model was built around a network of participating providers and was a precursor to today's preferred provider organization (PPO). [5] [6]
Group Health was officially registered as a corporation in Washington on December 22, 1945. [8] Group Health's founders included Thomas G. Bevan, then president of lodge 751 of the International Association of Machinists and Aerospace Workers at Boeing; Ella Willams, a leader in a local chapter of The National Grange of the Order of Patrons of Husbandry; Addison Shoudy, R.M Mitchell, and ...
The group operates as a nonprofit health care provider, [7] serving 1.8 million medical and dental health plan members nationwide. [8]HealthPartners says that the cost of medical care for its members is 13% lower than the state average and as much as 4.4% lower than the regional costs.
UnitedHealth Group Incorporated is an American multinational for-profit company specializing in health insurance and health care services based in Minnetonka, Minnesota. Selling insurance products under UnitedHealthcare , and health care services under the Optum brand, it is the world's ninth-largest company by revenue and the largest health ...
The Cigna Group is an American multinational for-profit managed healthcare and insurance company based in Bloomfield, Connecticut. [2] [3] Its insurance subsidiaries are major providers of medical, dental, disability, life and accident insurance and related products and services, the majority of which are offered through employers and other groups (e.g., governmental and non-governmental ...
Chubb Limited is an American–Swiss [2] company incorporated in Zürich, and listed on the New York Stock Exchange (NYSE) where it is a component of the S&P 500. [3] Chubb is a global provider of insurance products covering property and casualty, accident and health, reinsurance, and life insurance and is the largest publicly traded property and casualty insurance company in the world. [4]
Ciox Health was created by the merger of HealthPort, IOD Inc., Care Communications Inc. and ECS. It serves more than 18,000 provider sites, 140 health plans and 1 million unique requesters of patient information. [2] In June 2021, Ciox Health was acquired by San Francisco-based Datavant in a $7B deal.l [3]
Again, using U.S. health coverage as an example, under group insurance a person will normally remain covered as long as he or she continues to work for a certain employer and pays the required insurance premiums, whereas under individual coverage, the insurance company often has the right not to renew an individual health insurance policy if ...