To recoup losses, nonprofit insurer eyes crowded commercial market

The nonprofit, Boston-based Neighborhood Health Plan, best known for managing the care of low-income people on Medicaid, is accelerating a push into the market for large employers, according to The Boston Globe. The expansion plan is part of an effort to rebuild its finances after losing more than $100 million last year. The company, an arm of Partners HealthCare, has a network that includes most of Partners' 6,000 doctors and all of its 10 hospitals, among them Massachusetts General and Brigham and Women's in Boston, the article notes. But it's competing against bigger insurers--including Blue Cross Blue Shield of Massachusetts and Harvard Pilgrim Health Care--that have cornered a large portion of the employer market. Article