Minuteman Health membership up 60 percent
January 05. 2016 11:19PM
BOSTON — Minuteman Health announced Tuesday that its membership jumped by nearly 60 percent in 2015, and that it had suspended its final advertising push because of the rapid growth.
The non-profit health maintenance organization said most of the increase occurred during the open enrollment period, which opened Nov. 1 and runs to the end of this month.
As of Dec. 30 the non-profit health maintenance organization counted 22,635 members in Massachusetts and New Hampshire, an increase of 8,478 members as of Nov. 1.
Minuteman chief-executive Thomas Policelli said the federally-required risk adjustment rules mean that the insurer must grow carefully.
“Growth is effectively penalized under the current federal approach. Oddly, we have had to make sure that we do not grow too quickly — including by suspending our final advertising efforts once we saw that we were likely going to reach our goal of 22,000 members,” he said in a statement.
“In a normal regulatory environment that of course would never have been the case.”