Harvard Pilgrim Health Care and Tufts Health Plan announced their organizations have formally combined, effective January 1, 2021, having received all regulatory approvals.  The combined nonprofit health plan will serve 2.4 million members in Massachusetts, Maine, Rhode Island, Connecticut and New Hampshire.

The companies say their combination will increase access for members, allow for greater innovation and improve the member experience.  In addition, by combining administrative efforts, the new organization expects to save more than $100 million over time that will go toward premium savings and reducing out-of-pocket costs.

Read the full press release here