Michigan's Priority Health and Total Health Care will merge, subject to state approval, Modern Healthcare reported.
Under the merger plan, Total Health Care will become a wholly owned subsidiary of Priority Health. The deal is expected to be finalized later in 2019, according to the report, citing Marti Lolli, Priority Health's chief marketing officer.
Total Health Care's management team and employees will stay in their roles for at least the next 12 months. The company's headquarters will also be unchanged, Modern Healthcare reported.
Priority Health is the second largest health insurer in Michigan, while Total Health Care is a membership-owned nonprofit health insurer with members in two separate companies, Total Health Care Inc. and Total Health Care USA Inc.
