HIP Health Plan of New York has announced an agreement to buy PerfectHealth Insurance Co., a provider of high-deductible health insurance policies in the New York market.
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HIP, a regional health plan with 1.4 million members, recently launched its first consumer-directed health plan, myFund. The PerfectHealth deal recognizes the growing interest in consumer-directed health care options, including health reimbursement accounts and health savings accounts, the company said Monday.
The deal’s price was not disclosed. It is subject to regulatory approval.
PerfectHealth, in Staten Island, N.Y., provides health savings accounts in the New York market.
