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Medica to Take Over UCare’s Medicaid and Individual Plans as Insurer Winds Down in 2026

The move follows steep 2024 losses that triggered state turnaround oversight.

Overview

  • More than 300,000 UCare members are slated to transition to Medica under a deal announced Monday.
  • Individuals enrolled in UCare’s 2026 Medicaid and Individual and Family Plans will continue receiving services without interruption during the transition.
  • The transfer remains subject to regulatory approval, with the companies targeting a close in the first quarter of 2026.
  • Medica President and CEO Lisa Erickson will remain in her role and emphasized continuity of care as the primary focus.
  • Minnesota’s Department of Human Services is preparing an enrollment plan for roughly 25,000 people in integrated MedicareMedicaid products to ensure continuity.