Industry | Medical industry |
---|---|
Founded | 1979 |
Fate | Merged with Harvard Pilgrim Health Care to form Point32Health |
Successor | Point32Health |
Headquarters | 1 Wellness Way Canton, Massachusetts |
Area served | Massachusetts, New Hampshire, Rhode Island |
Key people | Cain A. Hayes (CEO) |
Products | Health insurance |
Number of employees | 2,400 |
Website | tuftshealthplan |
Tufts Health Plan was a Massachusetts-based non-profit health insurance company under Tufts Associated Health Plans, Inc. with headquarters in Watertown, Massachusetts.[1] It completed a merger with Harvard Pilgrim Health Care on January 1, 2021, making the then unnamed company the second-largest health insurer in Massachusetts.[2][3] The merger had been announced on August 14, 2019; the combined company serves 2.4 million members in Massachusetts, Maine, Connecticut, New Hampshire, and Rhode Island.[4][5] On June 15, 2021, the new name of the parent company was announced as Point32Health, named for the 32 points on a compass.[6]
Tufts Health Plan was founded in 1979 by Morton Madoff., M.D., dean of Tufts University School of Medicine. As of May 2019, the organization had over 1 million members. The Tufts Health Plan network includes 110 hospitals and 51,000+ health care providers. The health plan offers products for employers, individuals enrolled in Medicare, Medicaid the Massachusetts Health Insurance Exchange, and individuals who are dually eligible for Medicare and Medicaid. Tufts Health Plan is the only insurer in Massachusetts to cover everyone, regardless of age or income.