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Jan 19, 2016 · Listen. Fairview Health Services has acquired sole ownership of PreferredOne, the Golden Valley-based health insurer that saw dramatic growth during the first year of the MNsure exchange only to ...
- UnitedHealthcare acquires Golden Valley-based health plan ...
With more than 34,000 workers, Minneapolis-based Fairview...
- UnitedHealthcare acquires Golden Valley-based health plan ...
- PreferredOne joined the state health exchange, then dropped out. After the insurer joined the MNsure health exchange and saw rapid growth, it began offering some of the cheapest premium prices in the nation.
- The insurer was already partially owned by Fairview Health Services. Fairview previously had 50 percent ownership of PreferredOne. Robbinsdale, Minn.-
- Fairview gave PreferredOne a loan last year. After the insurer's loss on MNsure, Fairview lent it $18.75 million. As part of the loan's terms, Fairview had the option of expanding its ownership of PreferredOne, according to the Star Tribune.
- David Crosby will continue to serve as CEO of PreferredOne. The insurer will function as a subsidiary of Fairview, and Mr. Crosby will stay in his current role.
Aug 18, 2021 · Share: August 18, 2021. PreferredOne, a health insurer based in Golden Valley has been acquired by UnitedHealthcare in a move that would help the nation’s largest insurer compete for business in its home state. According to Hayes Batson, chief financial officer of Fairview Health Services, which gained full control of PreferredOne in early ...
Aug 16, 2021 · With more than 34,000 workers, Minneapolis-based Fairview uses PreferredOne to run its own employee health plan. PreferredOne also has been one of three health plan options for government workers ...
Fairview Health Services took full ownership of Minnesota insurance provider PreferredOne last month. The University of Minnesota-partnered health services provider bought the Golden Valley-based insurance company after financial losses led the company to leave MNsure at the end of 2014. Before the ...
Aug 16, 2021 · Email. UnitedHealthcare purchased Golden Valley, Minn.-based PreferredOne Aug. 16, further establishing the insurer's presence in its home state. While financial details were not disclosed, UnitedHealthcare completed the acquisition the morning of Aug. 16, with Fairview Health Services ceding ownership, according to the StarTribune.
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Jan 17, 2016 · PreferredOne will operate as a wholly owned subsidiary of Fairview Health Services, and the insurer’s president and CEO David Crosby will remain as PreferredOne’s leader, according to a news ...
