Medical Mutual Announces Purchase of Toledo-Based Paramount Health Care, Expanding Coverage in Ohio and Michigan
CLEVELAND, Ohio – Medical Mutual and Toledo-based Paramount Health Care announced their agreement for Medical Mutual to acquire Paramount Health Care, a health insurance company operating in Ohio and Michigan. The acquisition, pending regulatory approval, is expected to be finalized by May 1. Paramount Health Care offers a variety of health insurance plans, including Medicare Advantage, individual plans under the Affordable Care Act, commercial group, and short-term insurance plans. With over 77,000 health plan members …