Capital BlueCross agreed to acquire a majority interest in Vibra Health Plan, a Harrisburg, Pa.-based health insurance plan focused solely on Medicare-eligible beneficiaries.
Terms of the deal were not disclosed.
Vibra Health Plan will maintain its name and overall operations in its current location. The company serves 17 counties in central Pennsylvania, Lehigh Valley and the Scranton-Wilkes-Barre region with plans for expansion in the coming years.
The transaction is subject to regulatory approval.