Harvard Pilgrim Health Care is changing its name and moving out of downtown Hartford’s City Place in the wake of a merger with another insurer, the company announced Thursday.
The 25 workers currently assigned to Harvard Pilgrim’s office at 185 Asylum St., in Hartford will be based at 55 Capital Blvd., in Rocky Hill, according to a company representative. The workers will have the option to work remotely or in the Rocky Hill office, home to CarePartners of Connecticut, an earlier joint venture by the two insurers.
Harvard Pilgrim completed its merger with fellow Massachusetts-based nonprofit insurer, Tufts Health Plan, on Jan. 1. The merged company will be called Point32Health, “inspired by the 32 points on a compass,” the insurers announced Wednesday.
“We are excited to reach this important milestone for our organization with a name that is intentionally modern and unique in the healthcare industry,” said Richard O’Connor, chief marketing officer.
Former Aetna executive Cain Hayes is slated to take the CEO post at Point32Health on July 5, replacing retiring chief Tom Croswell.
Based in Canton, Mass., Point32Health will be the parent organization of the combined insurers, even as Tufts Health Plan and Harvard Pilgrim brands will continue to appear in the marketplace, the company said. A total of 2.2 million people are enrolled in insurance plans run by Point32Health across New England, according to the company.
