Allina Health and Aetna to launch insurance company in Minnesota

Allina Health System and insurance giant Aetna are forming a joint venture with the goal of selling commercial health insurance coverage in the Twin Cities of Minneapolis and Saint Paul starting in early 2018.

Called Allina Health and Aetna Insurance Company, the jointly owned health plan will link one of the state’s largest hospital and clinic systems with a national insurer that hasn’t had a huge presence in the state.

Based in Connecticut, Aetna and Golden Valley-based PreferredOne announced a deal in February 2016 where the insurers would partner to better compete for business from large employers that provide insurance benefits to works.

Allina, meanwhile, works with Eagan-based Blue Cross and Blue Shield of Minnesota on a health insurance product available to individuals in the Twin Cities.

Read the full story at the Star-Tribune: Allina Health and Aetna to launch insurance company in Minnesota – StarTribune.com