M·Plan will exit the HMO business, but continue to provide coverage to its 125,000 members until their employer contracts expire. The Indianapolis health maintenance organization, partially owned by Clarian Health Partners, said it decided to fold its commercial business in part because of the big investments needed to remain competitive. M·Plan will remain in the Medicare business. Medicare is a program of medical aid designed for those unable to afford regular medical service and financed by the state and federal governments.
M·Plan ends HMOs, retains Medicare | IndyStar.com
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