Goetcheus said the state still aims to meet this timeline, although they will not present a final solution Friday.
Wrinn said the state brought Harvard into plans to help the insurer and did not initiate itself the idea to invest.
"Harvard was invited to the table through the [Massachusetts] Attorney General's office," said Wrinn.
Advertisement
Parties interested in the insurer's continued operation support Harvard's potential investment in the insurer.
"That one of the leading institutions in the world trying to partake [in the plan] is laudable," said Devin A. McManus, chair of the 280 member Physicians of Cape Cod. "I think for Harvard University to venture into helping Harvard Pilgrim is appropriate."