August 17, 2022
M&A
  • Health Care Service Corporation (HCSC) announced it signed a definitive agreement to purchase Trustmark Health Benefits from Trustco Holdings. According to HCSC, acquiring the third-party benefits administrator will bolster its ability to provide customizable, flexible benefit solutions to a broader group of customers. Trustmark Health Benefits will continue to support its existing employer clients and members through the same services once the acquisition is complete. The companies expect the deal to close later this year, pending regulatory approval. (Press release here; Article here)