Read more: See hereCareSource, a Dayton-based health insurer, will soon be expanding its services to people in Wisconsin after recently receiving the necessary approvals from federal and state regulators for its affiliation with Common Ground Healthcare Cooperative.
Common Ground Healthcare Cooperative is a health insurance cooperative providing coverage for individuals and small businesses in Wisconsin, and it has been operating in the Affordable Care Act Marketplace since 2014.
"Both CareSource and CGHC (Common Ground Healthcare Cooperative) share a member-focused philosophy with a proven track record. This is a natural partnership that will deliver even more value for the people of Wisconsin," said Scott Markovich, executive vice president of markets and products at CareSource.
The Wisconsin Office of the Commissioner of Insurance recently approved the affiliation between CareSource and Common Ground Healthcare Cooperative, enabling the two nonprofit organizations to close their transaction effective Jan. 1.
The decision follows the Centers for Medicare and Medicaid Services (CMS) Center for Consumer Information and Insurance Oversight's action to allow the affiliation agreement to move forward.
"Since 2014, we have served more people on the individual and family market in Wisconsin than any other insurer," said Mahaffey. "We understand the needs of our members, and with CareSource by our side, we can enhance our services and raise the bar with improved technologies and insightful solutions to better serve this population for years to come."
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