Chicago-based Zing Health completed its acquisition of Dallas-based insurer Lasso Healthcare on Nov. 9.
The acquisition provides Zing Health with Lasso's medical savings account model plans, which are offered in 34 states, according to a Nov. 9 news release.
While the entities will operate independently, Zing Health will use Lasso's footprint to expand its reach.
"Zing Health and Lasso Healthcare share a belief that incumbent Medicare Advantage insurers have often neglected the senior population," said Eric Whitaker, MD, Zing Health's founder and CEO. "We have a like-minded approach to help those in diverse populations and those facing challenges gaining access to traditional insurance networks."