Proposed Acquisition of Control of Quartz Health Insurance Corporation by SummitOne Enterprises, Inc.

​​​​

​​​​​​Last Updated: October 20, 2023​​​

Information on the Acquisition of Control of Quartz Health Insurance Corporation

​This Transaction did not close.​

On April 18, 2023, SummitOne Enterprises, Inc. (“SummitOne", the “Applicant"), submitted a Form A filing in the matter of the acquisition of control of Quartz Health Plan Corporation (“QHPC"), Quartz Health Insurance Corporation (“QHIC"), and Quartz Health Benefit Plans Corporation (“QHBPC", and together with QHPC and QHIC the “Domestic Insurers").  The acquisition of control will occur pursuant to the Definitive Agreement, dated March 30, 2023, by and between Iowa Health System d/b/a UnityPoint Health (“UPH"), and Presbyterian Healthcare Services (“PHS").  Through the Definitive Agreement, UPH and PHS will combine their respective healthcare groups by the creation of SummitOne. 

The applicants filed the following documents with the OCI

Hearing Documents

Proposed Decision

Final Decision​