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Bright Health ceases MA operations in Florida in latest business cut
Listen to the write-up 4 min This audio is vehicle-created. Please let us know if you have responses. Dive Brief: Less than a thirty day period right after absolutely exiting the Affordable Treatment Act exchanges and slashing its Medicare Edge footprint to just Florida and California, Shiny Overall health Team has declared it’s also ending MA operations in Florida. As a final result, the insurtech will only work MA plans in California setting up in 2023, CFO Cathy Smith explained to investors on a third-quarter earnings call Wednesday. Implementing restructuring options to a extra focused enterprise design ought to outcome in Bright’s MA and NeueHealth firms staying nicely positioned for…