Worcester Business Journal

Book of Lists 2024

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44 Worcester Business Journal | Book of Lists 2024 | wbjournal.com F O C U S H E A L T H C A R E Largest health insurers Ranked by total Massachusetts members as of Dec. 31, 2023 Health insurer Total Mass. membership Q4 2023/ Q4 2022 Share of Mass. market Q4 2023 For profit or nonprofit? Head of company/ year licensed or founded 1 WellSense Health Plan 529 Main St., Suite 500, Charlestown 02129 800-792-4355 • wellsense.org 598,064 349,371 26.21% Nonprofit Heather Thiltgen president 1997 2 Blue Cross and Blue Shield of Massachusetts Inc. (1) 101 Huntington Ave., Suite 1300, Boston 02199 800-262-2583 • bluecrossma.org 510,884 510,844 22.39% Nonprofit Sarah Iselin (2) president & CEO 1992 3 Tufts Health Public Plans Inc. (3) 1 Wellness Way, Canton 02021 617-972-9400 • tuftshealthplan.com 316,122 487,183 13.85% Nonprofit Cain Hayes president & CEO, Point32Health 1997 4 Mass General Brigham Health Plan (4) 399 Revolution Drive, Somerville 02145 866-414-5533 • massgeneralbrighamhealthplan.org 231,682 120,740 10.15% Nonprofit Steven Tringale CEO 1986 5 Tufts Associated HMO Inc. (3) 1 Wellness Way, Canton 02021 617-972-9400 • tuftshealthplan.com 171,223 243,130 7.50% Nonprofit Cain Hayes president & CEO, Point32Health 1979 6 Harvard Pilgrim Health Care Inc. (3) 1 Wellness Way, Canton 02021 617-509-1000 • harvardpilgrim.org 170,251 127,532 7.46% Nonprofit Cain Hayes president & CEO, Point32Health 1977 7 Fallon Health Inc. 10 Chestnut St., Worcester 01608 508-799-2100 • fchp.org 129,688 153,957 5.68% Nonprofit Manny Lopes president & CEO 1977 8 Health New England 1 Monarch Place, Suite 1500, Springfield 01144 413-787-4000 • healthnewengland.org 116,500 124,310 5.11% Nonprofit Richard Swift president & CEO 1985 9 UnitedHealthcare 9900 Bren Road East, Minnetonka, Minn. 55343 (5) 888-735-5842 • uhc.com 20,317 12,470 0.89% For profit Brian Thompson CEO 1984 10 Wellcare Health Plans (6) P.O. Box 31370, Tampa, Fla. 33631 844-917-0175 • wellcare.com 8,984 8,154 0.39% For profit Michael Carson CEO 1985 11 Commonwealth Care Alliance Massachusetts 100 North Parkway, Worcester 01605 (7) 866-610-2273 • commonwealthcarealliance.org 4,818 2,148 0.21% Nonprofit Christopher D. Palmieri president & CEO 2003 12 Central Mass. Health LLC dba Mass Advantage 67 Millbrook St., Suite 423, Worcester 01606 844-918-0114 • massadvantage.com 1,965 807 0.09% Nonprofit James E. Beermann Jr. CEO & CFO 2021 13 Aetna Health Inc. 151 Farmington Ave., Hartford, Conn. 06156 800-872-3862 • aetna.com 1,266 1,620 0.06% For profit Brian A. Kane president 1987 14 eternalHealth 31 Saint James Ave., Suite 950, Boston 02116 800-831-0735 • eternalhealth.com 173 7 0.01% For profit Pooja Ika founder & CEO 2019 15 Connecticare of Massachusetts Inc., an EmblemHealth Co. 175 Scott Swamp Road, Farmington, Conn. 06034 860-674-5757 • connecticare.com 121 130 0.01% For profit Mark Meador (8) president 1995 16 Senior Whole Health by Molina Healthcare 1075 Main St., Suite 400, Waltham 02451 888-794-7268 • molinahealthcare.com 9 256 0.00% (9) For profit William Graham president & CEO 1980 Sources: Mass. Division of Insurance and insurer websites and press releases (1) Including HMO Blue (2) Succeeded Andrew Dreyfus on Jan. 1, 2023 (3) Part of Point32Health (4) On Jan. 1, 2023, AllWays Health Partners rebranded as Mass General Brigham Health Plan. (5) Headquarters address (6) A subsidiary of Centene Corp. (7) Regional office address; corporate office in Boston (8) Succeeded Roberta Wachtelhausen in June 2023 (9) Less than 0.01 percent -Compiled by: Heide Martin, hmartin@nebusinessmedia.com

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