Minuteman Health announced it will be ceasing operations as a Consumer Operated and Oriented Plan (COOP) as of January 1, 2018, and is actively seeking to organize a new Massachusetts health insurer to begin operations on that same date both in Massachusetts and New Hampshire.

Minuteman Health is an HMO authorized to do business in Massachusetts and New Hampshire, beginning operations under the COOP program of the Affordable Care Act (ACA) in 2014. Minuteman Health is referencing the impact of the ACA’s risk adjustment program and imposed restrictions on their business model as the reason for the decision to end the COOP and transition to Minuteman Insurance Company as of January 1, 2018.

The new entity has filed license applications in both states and hopes to fully organize the new insurer in the coming months. Reference the attached press release for additional information and contact your NEEBCo representative with any questions.

Minuteman Health Press Release