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University of Michigan tried to sell struggling health plan before deciding to close it

Summary by crainsgrandrapids.com
Before they decided to wind down operations, leaders at University of Michigan Health Plan tried to identify a buyer for the company or a partner to help turn around ongoing operating losses.  Those efforts did not pan out, and UM Heath Plan executives ultimately decided to cease operations this year as its... Please login to read all 550 words.
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crainsgrandrapids.com broke the news in Grand Rapids, United States on Friday, February 21, 2025.
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