NEW YORK--(EON: Enhanced Online News)--Health Republic Insurance of New York, a new not-for-profit Consumer Operated and Oriented Plan that will soon be available on the New York Health Benefit Exchange, today announced Debra Friedman as President and Chief Executive Officer.
“I’m honored to have the opportunity to join such a passionate group of individuals focused on providing a superior health care experience for all New Yorkers”
Ms. Friedman is a seasoned industry veteran with over 20 years of insurance and healthcare experience with major national companies, as well as a range of smaller non-profit insurance organizations. She has held various senior positions at United Healthcare, Blue Cross and Blue Shield, and Health Plus, where as Chief Medicare Officer she dramatically improved the non-profit’s market position in a single year, making the Company the second fastest growing Medicare HMO in its targeted segments. Ms. Friedman joins Health Republic Insurance from the non-profit Amida Care, an approved Medicaid Health Plan also focused on Managed Long Term Care (MLTC) and the Fully Integrated Duals Advantage (FIDA) program, where she most recently served as Chief Medicare and Strategy Officer.
“I’m honored to have the opportunity to join such a passionate group of individuals focused on providing a superior health care experience for all New Yorkers,” said Ms. Friedman. “As a Consumer Operated and Oriented Plan, Health Republic Insurance is a much needed addition to the insurance landscape in New York State and we are proud to be providing an innovative solution to the tremendous challenges individuals and small businesses have had finding accessible and affordable health care.”
Ms. Friedman continued, “Our network is strong and will provide top-quality access to healthcare services. We will be operating with members’ interests solely at heart. Our rates will be among the lowest on the exchange because we will have a superior operating model and will be free from investor expectations. And our service will be excellent and compassionate – truly members representing members. This is a great team and we are going to do great things.”
Ms. Friedman’s extensive experience creating and managing business strategies for individual and commercial healthcare, ancillary and alternative care businesses, and other not-for-profit plans in New York State, and liaising with state and national regulators and the Center for Medicaid and Medicare Services (CMS), will ensure Health Republic Insurance is operating with a best-in-class business model and providing the highest-quality services for its members.
Initially sponsored by the Freelancers Union, Health Republic Insurance has since been incorporated and licensed as a wholly independent and separate legal entity with experienced health insurance leaders at the helm. The Company will open its enrollment period for new health care plans on October 1, 2013, for coverage beginning January 1, 2014. Coverage will be offered through the MagnaCare network in Albany, Buffalo, Syracuse, Rochester, Long Island, Westchester, and the five boroughs of New York City.
About Health Republic Insurance of New York
Health Republic Insurance of New York is a not-for-profit Consumer Operated and Oriented Plan, or CO-OP, designed to give people more options for quality, affordable coverage in a consumer-friendly and focused way. As a member-owned entity, the majority of the Company’s Board of Directors will be members, elected by members, whose main priority is supporting members’ choices, and making sure every voice is heard. Health Republic Insurance utilizes the MagnaCare network throughout New York State to provide high-quality coverage at competitive low rates.
For more information, please visit the Company’s web site at newyork.healthrepublic.us.