Health News Ucare Health Insurer To Shut Down Next Year As Financial Losses Mount

UCare health insurer to shut down next year as financial losses mount

UCare, a nonprofit that’s been one of the largest providers of health care coverage for seniors, low-income Minnesotans and those who buy their own insurance, will shut down next year following ... Read More

Opinion | UCare’s collapse isn’t a surprise

That moment should have triggered a comprehensive review of how Minnesota funds and manages Medicaid services. Instead, the system carried on as if the collapse of a major insurer was a fluke rather ... Read More

UCare health insurer shutting down: What we know

UCare will shut down in 2026 and Medica will take control of its existing health plans in the Medicaid, family and individual markets. UCare was created more than 40 years ago primarily to offer ... Read More

UCare’s red ink highlights financial woes for health insurers

Minneapolis-based nonprofit health insurer UCare will wind down operations next year after finding itself unable to weather industrywide challenges facing companies that manage care for seniors, ... Read More

Medica to take over UCare health care plans as insurer shuts down

Riley Moser is a digital producer who covers breaking news and feature stories for CBS Minnesota. Riley started her career at CBS Minnesota in June 2022 and earned an honorable mention for sports ... Read More

UCare ending operations, moving all remaining health insurance enrollees to Medica

Minnesota-based nonprofit health insurer UCare announced Monday that it is ending operations and moving all its remaining members to Medica. NINA MOINI: One of Minnesota's largest health insurers, ... Read More

UCare, other carriers dropping Medicare Advantage Plans, leaving nearly 200K Minnesota seniors with fewer choices in 2026

Jonah Kaplan is an award-winning journalist who has built a strong reputation for his balanced reporting, thoughtful interviews, and deeply researched coverage of high-impact issues affecting the ... Read More

Here’s what we know about UCare’s asset sale to Medica

The health insurer Medica announced Monday it is acquiring contracts and assets connected to the remaining health insurance business at its nonprofit peer UCare. That includes about 300,000 people ... Read More

Medica to take over UCare healthcare plans as insurer shuts down

accountability bankruptcy financial health insurance Minneapolis-based health care organization UCare announced in a joint statement Monday that Medica will be taking control of some existing plans as ... Read More