Horizon to form Medicare Advantage organization with HMH, RWJBH
Horizon Blue Cross Blue Shield of New Jersey and the state’s two largest health care networks — Hackensack Meridian Health and RWJBarnabas Health — are making a big push into Medicare Advantage with the creation of Braven Health, they announced Monday afternoon.
Braven Health will be owned and operated jointly by Horizon, the state’s largest health insurer, and Hackensack Meridian Health. The two are working to have RWJBarnabas Health join Braven Health, subject to approval by the New Jersey Department of Banking & Insurance.