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UMass Memorial launching its own insurance company


UMass Memorial Health, the largest healthcare provider in Central Massachusetts, on Friday confirmed it is starting its own health insurance division.
The insurance company called Central Mass Health LLC will be organized under the UMass Memorial Health Ventures umbrella, which is for all the non-hospital aspects of the UMass Memorial system.
The establishment of Central Mass Health is in keeping with our long-term strategy to become a more integrated healthcare delivery network, UMass spokesman Anthony Berry said.  Over time we have built a lot of assets - including a strong provider arm - but have felt that an important missing piece to achieving total integration was an insurance product. ....

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