Deere continues managed care insurance
Deere & Co., abide by the consolidation of the trend has changed, that the health insurance landscape, agreed Tuesday with the sale of its Managed Care, a subsidiary industry giant United Health Group for $ 500 million in the camp.
Moline-The manufacturers of agricultural machinery, said the sale of its John Deere Health Care Inc. unit, the closure of April 1 is expected to yield an after-tax gain of approximately $ 225 million.
It is very unusual for a large manufacturer of equipment for operating a for-profit-Managed Care business. Deere provided mainly in the economy there are already several decades that their efforts to control their medical costs ballooning.
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