In 2015, Tufts Health Plan acquired Integra Partners, a medical equipment and prosthetics management company backed by Peterson Partners. In 2011, Tufts Health Plan acquired Network Health, a Medicaid plan. In 2009, Tufts Health Plan entered the Rhode Island market, offering employer-sponsored plans. The foundation funds approximately $5 million annually in investments and grants to local non-profits. In 2008, Tufts Health Plan created the Tufts Health Plan Foundation so the health plan's assets could help address long-standing health care issues in the local community. In 1996 Tufts Health Plan was ranked as a top HMO provider in the United States by Newsweek. In 1995, Tufts Health Plan launched its first PPO (preferred provider organization) plans. In 1994, Tufts Health Plan entered the Medicare market with Secure Horizons and utilized value-based contracts to achieve better health outcomes for members and better control costs. The organization started offering plans in 1981, ending its first year with 3,000 members. Morton Madoff, M.D., of Tufts University Medical School, founded Tufts Associated Health Maintenance Organization, Inc. Tufts Health Plan is the only insurer in Massachusetts to cover everyone, regardless of age or income. The health plan offers products for employers, individuals enrolled in Medicare, Medicaid the Massachusetts Health Insurance Exchange, and individuals who are dually eligible for Medicare and Medicaid. The Tufts Health Plan network includes 110 hospitals and 51,000+ health care providers. As of May 2019, the organization had over 1 million members. Tufts Health Plan was founded in 1979 by Morton Madoff., M.D., dean of Tufts University School of Medicine. On June 15, 2021, the new name of the parent company was announced as Point32Health, named for the 32 points on a compass. The merger had been announced on Augthe combined company serves 2.4 million members in Massachusetts, Maine, Connecticut, New Hampshire, and Rhode Island. It completed a merger with Harvard Pilgrim Health Care on January 1, 2021, making the then unnamed company the second-largest health insurer in Massachusetts. with headquarters in Watertown, Massachusetts. Tufts Health Plan was a Massachusetts-based non-profit health insurance company under Tufts Associated Health Plans, Inc.
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