| Type | Mutual |
|---|---|
| Industry | Health Insurance |
| Founded | 1934 |
| Headquarters | Cleveland, Ohio |
| Key people | Rick Chircosta CEO |
| Products | supplemental health and life insurance |
| Revenue | $2.0 billion (2008) |
| Employees | 2,800 (2009) |
| Website | Medmutual.com |
Medical Mutual of Ohio (MMOH) is an American mutual health insurance company; it is the oldest and largest health insurance company based in Ohio and serves more than 1.6 million customers.[1] Employing 2,400 people; Medical Mutual is one of the biggest employers in downtown Cleveland.[2]
Headquartered in Cleveland, Ohio’s historic Rose Building, the company also has statewide offices in Cincinnati, Columbus, Dayton, Independence, Richfield, Toledo and Youngstown, as well as an information systems facility in Beachwood.[3] In 2008 Medical Mutual of Ohio ranked 806 out of the top 1,000 corporations in America.[4]
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Headquartered in downtown Cleveland Ohio, Medical Mutual of Ohio operates in the historic Rose Building. The Rose building was erected in 1900 and was the tallest building between Chicago and New York. Meant to house dentists offices, the Rose building had almost 100 different dentists by 1902.
In 1926, Elyria Memorial Hospital administrator John R. Mannix began experimenting with the idea of hospital pre-payment and the basic principles of insurance, eventually leading to the formation of the Cleveland Hospital Service Association in 1934. At this time, hospital associations such as the CHSA became known as Blue Cross Plans. In 1939, Blue Cross Plans united to form the Blue Cross Association[5]
A few years later, in 1945, Medical Mutual of Cleveland was formed to provide coverage for doctor fees. CHSA merged with Akron Hospital Service to form Blue Cross of Northeast Ohio in 1957, and four years later, Medical Mutual of Cleveland became affiliated with the Blue Shield system.
In 1984, Blue Cross of Northeast Ohio and Medical Mutual of Cleveland merged to form Blue Cross and Blue Shield of Northern Ohio. Two years after the merge, the new company joined Blue Cross and Blue Shield of Northwest Ohio to form Blue Cross and Blue Shield of Ohio.[6]
In 1997, the company left the Blue Cross/Blue Shield Association and re-claimed the name of one of its predecessors, becoming the present day Medical Mutual of Ohio.[7]
Below is a list of milestones in the corporate history of Medical Mutual of Ohio.
Medical Mutual is the “Official Health Insurer” of a variety of organizations. Medical Mutual insures numerous professional sports teams, including the Cleveland Browns, Cleveland Cavaliers, Cleveland Indians, Cincinnati Bengals and Columbus Blue Jackets. Besides pro teams, the company is also the official insurer of numerous colleges and universities and local organizations, like the Rock and Roll Hall of Fame and Museum.