Bloomington-based health insurance company Bright Health will start trading on the New York Stock Exchange on Thursday, raising nearly $924 million in the largest ever IPO by a Minnesota company. Bright Health launched in 2015 with a focus on selling coverage to individuals who purchase policies under the federal Affordable Care Act (ACA) via government-run health exchanges, but is now seeking growth by selling Medicaid health plans as well as administrative services to employer groups.
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