Scott & White Health Plan finalized an agreement to acquire...

...another Texas-based insurer, FirstCare Health Plans. Both insurers are invested in the individual, employer group and Texas Medicaid markets. The move will boost Scott & White's Medicaid presence by 186%, and would also mark the insurer's entrance into the Texas exchange marketplace, where FirstCare enrolls 14,993 members. The deal is expected to close in the first quarter of 2019.