Medical Mutual to acquire Paramount Health from ProMedica.

Medical Mutual, an American mutual health insurance company, agreed to acquire Paramount Health, a health insurance company, from ProMedica, a non-profit health care system. Financial terms were not disclosed. “This acquisition aligns two companies that share a lot more than just being headquartered in Ohio. We share a common vision — to help people live healthier. Paramount, like Medical Mutual, is renowned for its outstanding local care and excellent service. Having this quality organization join the Medical Mutual family of companies presents a unique opportunity to strengthen our position as a trusted healthcare navigator in Ohio,” Steve Glass, Medical Mutual President and CEO.