Zing Health Closes Lasso Healthcare Deal, Extends Rural Reach

Zing Health Enterprises, a physician-led provider of Medicare Advantage plans, closed its acquisition of Lasso Healthcare Insurance Co. Lasso Healthcare offers an innovative application of the medical savings account (MSA) model in the Medicare Advantage market. Financial terms were not disclosed. The acquisition extends Zing Health’s reach beyond urban areas.

Lasso’s Medicare MSA plan is currently available in 34 states and Washington, D.C., is a high-deductible, $0 premium health plan paired with a tax-advantaged MSA. Lasso Healthcare deposits $2,000 to $3,000 into an MSA savings account, which members use to pay qualifying . . .