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Medical Mutual of Ohio (MMOH) is an American mutual health insurance company. It is the oldest and largest health insurance company based in Cleveland, Ohio , and serves more than 1.6 million customers. [ 2 ]
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The "mutual holding company" structure was first introduced in Iowa in 1995, and has spread since then. [5] There have been concerns that the mutual holding company conversion is disadvantageous for the owners of the company, the policyholders. [6] The major disadvantage of mutual insurance companies is the difficulty of raising capital. [7]
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