Zing Health + Lasso Healthcare Acquisition Update

Sourced from Zing Health broker announcement from 11/9/21:

 

Zing Health has completed its acquisition of Lasso Healthcare Insurance Co., which offers an innovative application of the Medical Savings Account (MSA) model in the Medicare Advantage market.

Lasso Healthcare’s unique Medicare MSA plan, currently available in 34 states and Washington, D.C., is a high-deductible, $0 premium health plan paired with a tax-advantaged medical savings account. Lasso Healthcare deposits $2,000 to $3,000 into an MSA savings account, which members use to pay qualifying healthcare expenses. The MSA has particular appeal for seniors in rural areas, where the more typical in-network provider model includes few hospitals or physicians.