Fidelis Care is a New York-based health insurance company formed in 1993.
As of 2018, Fidelis Care served more than 1.7 million New York residents. It is a subsidiary of
Centene Corp and has offices throughout New York State.
History
Fidelis Care was formed in 1993 as the NYC Catholic Health Plan Inc.
by the Catholic Medical Center of Brooklyn and Queens, Inc. and the
Diocese of Brooklyn
The Diocese of Brooklyn is a Latin Church ecclesiastical territory or diocese of the Catholic Church in the U.S. state of New York. It is headquartered in Brooklyn and its territory encompasses the New York City boroughs of Brooklyn and Queens. T ...
to serve the poor and medically underserved.
In 1997, Fidelis expanded to Western New York with the acquisition of Better Health Plan, a Buffalo-based
HMO
In the United States, a health maintenance organization (HMO) is a medical insurance group that provides health services for a fixed annual fee. It is an organization that provides or arranges managed care for health insurance, self-funded heal ...
.
Fidelis Care operates several government-sponsored health insurance programs, including Medicare, Medicaid and Child Health Plus, which was introduced in 1997.
The company also offers managed long-term care plans and Qualified Health Plans on the NY State of Health Marketplace.
In 2005, CenterCare, a New York City-based
Medicaid managed care Medicaid managed care Medicaid and additional services in the United States through an arrangement between a state Medicaid agency and managed care organizations (MCOs) that accept a set payment – "capitation" – for these services. As of 2014, ...
plan, became a subsidiary of Fidelis Care.
Acquisition by Centene
On September 12, 2017, it was announced that
Centene Corp. would acquire Fidelis Care for US$3.75 billion.
Centene completed the acquisition of Fidelis Care on July 2, 2018.
See also
*
List of United States insurance companies
This is a list of insurance companies based in the United States. These are companies with a strong national or regional presence having insurance as their primary business.
In 1752, Benjamin Franklin founded the first American insurance company a ...
References
External links
*{{URL, http://www.fideliscare.org/
1993 establishments in New York City
Health care companies established in 1993
Financial services companies established in 1993
Health insurance in the United States
Insurance companies based in New York City
Catholic health care
American companies established in 1993
2018 mergers and acquisitions
Centene Corporation
Catholic hospital networks in the United States