Startup insurer Bright Health is set to expand into the California Medicare Advantage market with its planned acquisition of Orange County-based Universal Care, Inc., which operates the MA plan Brand New Day. Brand New Day currently serves 41,103 MA members in California, including 1,790 Medicare-Medicaid dual eligibles. The deal will boost Bright Health’s total membership by 68.4%, to more than 100,000 lives.

Source: AIS’s Directory of Health Plans