Close Close
Popular Financial Topics Discover relevant content from across the suite of ALM legal publications From the Industry More content from ThinkAdvisor and select sponsors Investment Advisor Issue Gallery Read digital editions of Investment Advisor Magazine Tax Facts Get clear, current, and reliable answers to pressing tax questions
Luminaries Awards

Life Health > Health Insurance

Medical Mutual Completes Carolina Care Deal

Your article was successfully shared with the contacts you provided.

Regulators have given final approval to efforts by a Midwestern health insurer to scoop up a Southeastern health insurer.

Medical Mutual of Ohio, Cleveland, says it also has approval from the shareholders of Carolina Care Plan Inc., Columbia, S.C., to complete previously announced efforts to acquire Carolina Care.

The price of the deal was not disclosed, but Medical Mutual says Carolina Care, a health maintenance organization plan that covers about 70,000 people, will continue to be based in Columbia and operate under the same name.

Carolina Care will continue to offer its current line of health insurance products and may add more in the future, Medical Mutual says.


© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.