Bargain [...]. All Rights Reserved. Acknowledgments Thank you to all the sponsors and parents for their support in helping Team NLP have a successful AAU season. Under Boudreaux's watch, the company is on track to launch its own Pharmacy Benefits manager in 2020. Boudreaux, 57, served as chief executive officer of UnitedHealthcare, UnitedHealth’s health insurance unit, from January 2011 through … Swedish succeeded Angela Braly, an executive who served as the company’s CEO from 1999 through 2012, when it operated under the name WellPoint Inc. Two key swing states could report the bulk of their vote counts, and if Trump loses them, it's likely over, BNY Mellon's deputy CIO says. — Connect with ThinkAdvisor Life/Health on Facebook and Twitter. As we move ahead, I look forward to working closely with Gail in this new capacity.”. Evan currently plays for Team NLP. Gail Boudreaux. —Read Molina Ousts Family Leadership, Sparking Takeover Speculation on ThinkAdvisor. Start your mornings with essential life and health insurance news coverage, analysis and trends - FREE. The layoffs are due to “economic conditions and a decline in industry sales,” a company spokesperson said. Receive a roundup of the stories most impacting the life and health insurance industry each week - FREE. In January 2012, she said she was seeing employers moving toward narrower networks and making more use of personal health accounts. Anthem CEO Gail Boudreaux plans to escalate the health insurer's investments in technology, digital health and expansion of its Medicare Advantage business. Access to other award-winning ALM websites including TreasuryandRisk.com and Law.com. While at UnitedHealth, she spoke on the company’s quarterly earnings calls with securities analysts about efforts to understand, implement and cope with the effects of the Affordable Care Act. Gail Boudreaux will become the next CEO of Anthem, replacing Joe Swedish. Anthem added 1.1 million health plan members last year and is projecting another big year led by new enrollment in Medicaid and Medicare Advantage plans that will bring in another one million new health plan members. “Gail is widely recognized as a very successful executive in the health care industry,” Swedish said in the statement. 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The release also gives a statement from Swedish praising Boudreaux. Boudreaux ended up earning a bachelor’s degree in psychology from Dartmouth and a master’s degree in business from Columbia. Anthem CEO Gail Boudreaux is dealing with executive departures while expanding into healthcare services, forming what some are calling a "mini Optum.". Ms. Boudreaux owns over 7,600 units of Anthem stock worth over $7,959,861 and over the last 12 years she sold ANTM stock worth over $19,928,532. Health insurer Anthem said patients are still deferring healthcare treatments and procedures the large health insurer pays for amid the ongoing pandemic and spread of Covid-19. Boudreaux has led other Blue Cross and Blue Shield plans and the health insurance business at UnitedHealth Group. He has a bachelor’s degree from the University of North Carolina at Charlotte and a master’s degree in health administration from Duke University. She’s worked in the heart of the U.S. health insurance industry since 1983. Anthem has purchased Beacon Health Options, adding a national network of behavioral health services in the health insurer’s effort to manage care of the “whole person.”. Making a Marketer: A Guide to Building Your Ultimate Marketing Plan, Advisory Firms in 2030: Growth by Specialization. Hear how she is redefining what is possible in healthcare. Back on February 15, Xcel Energy, Inc.'s Director, Gail Boudreaux, invested $49,985.96 into 1,780 shares of XEL, for a cost per share of $28.08. All Rights Reserved. Newcomer Molly Gray defeats Scott Milne in Vermont lieutenant governor’s race, Thetford residents back Route 132 road bond, Biden narrowly reclaims Claremont for Democrats, Dartmouth investigating students over big parties, Election 2020 charts: Town-by-town results from the Upper Valley, Mount Sunapee ski area plan up for review, Demand drives up property values in Lebanon; citywide assessment sees average increase of 18%, Turnout falls in Hanover amid pandemic, half-empty campus. Terry is married to Gail Koziara Boudreaux and has two sons, Christopher and Evan. Exclusive discounts on ALM and ThinkAdvisor events. Wichmann to Take Over as UnitedHealth CEO, Molina Ousts Family Leadership, Sparking Takeover Speculation, Despite COVID-19, Voluntary Benefits Industry Future Looks Bright: Moody's, Yes, We Could Get Some Certainty on Election Night, Sign Up for the Life/Health Daily Newsletter, Sign Up for the Life/Health Weekender Newsletter. Here are three more things to know about Boudreaux. 3. Free unlimited access to ThinkAdvisor.com which provides advisors, like you, with comprehensive coverage of the products, services and trends necessary to guide your clients in making critical wealth, health and life decisions. Anthem brought in Swedish, a longtime hospital company executive, to run Anthem in March 2013, as health insurers were preparing to comply with major new Affordable Care Act major medical insurance underwriting and benefits design restrictions and participate in the new ACA public exchange program. Zubretsky succeeds Dr. J. Mario Molina, a son of Molina’s founder. Anthem, the nation’s second largest health insurer, expects no change in its 2020 profit forecast despite the ongoing increase in cases of the Coronavirus strain Covid-19 hurting other industries and providers of medical care. Gail Koziara Boudreaux attends The Women's Sports Foundation's 39th Annual Salute To Women In Sports And The Girls They Inspire Awards Gala on October 17, 2018 in New York City. Swedish, 66, who has been the company’s president, CEO and executive chairman, will continue to serve as chairman until May, then step down from the company board and serve as a senior advisor for two years, the company said. J. Mario Molina was fired from the Molina CEO post in May. Anthem CEO Gail Boudreaux has plans to grow the insurer's IngenioRx pharmacy benefit management company and other businesses like AIM Specialty Health, CareMore Health and HealthCore. Health insurance giant Anthem will continue to invest in data and analytics to improve health outcomes and reduce costs, CEO Gail Boudreaux said at the 2019 Forbes Healthcare Summit. Learn more at the links below. Boudreaux ended up overseeing those plans well as the plan in Illinois. Boudreaux said at the time that the main goal of the project was to help the participating plans develop more valuable employee benefits products. Under new CEO Gail Boudreaux, Anthem could be looking to buy more providers of medical care to compete with UnitedHealth Group's Optum unit. With eight female CEOs among the ranks of the 2021 Just 100, America's best corporate citizens have a greater proportion of female CEOs than the S&P 500 does. You can help clients with that. She was previously CEO of UnitedHealthcare, the largest division within UnitedHealth Group. Gail Boudreaux will become the next CEO of Anthem, replacing Joe Swedish. If you believe local news is essential, please consider subscribing or making a donation today. Impact of high unemployment rate will be short term, study finds. She was a 6-foot-2 center and earned Ivy League Player of the Year honors for three straight years, starting in 1979, according to an NCAA profile. Political Odd Couple Carville, Matalin Share Their Election Forecasts, How Medicare Premium Hikes, Small Social Security COLAs Squeeze Retirees, Gundlach: Huge Political, Economic Shakeup Is Coming. From her days as a NCAA Division I basketball player to the helm of health insurer, Anthem, Gail Boudreaux epitomizes the power of collaboration, competition and leadership. Your article was successfully shared with the contacts you provided. Understanding Model Marketplaces & Managed Account Platforms: 17 Questions to Ask When Considering a Platform. She also has worked as president of Blue Cross and Blue Shield of Illinois, and as executive vice president at Illinois Blue’s parent, Chicago-based Health Care Service Corp. Health Care Service Corp. is the parent of the Blue Cross and Blue Shield plans in Texas, Oklahoma and New Mexico as well as in Illinois. Team. She’s lived through many different health reform efforts. So let's look at one noteworthy recent insider buy. Boudreaux was named CEO of Anthem in 2017. Democrat Molly Gray defeated Republican Scott Milne in the lieutenant governor’s race Tuesday, becoming the fourth woman in Vermont history to hold... Democrat Joe Biden has won New Hampshire and its four electoral votes, holding on to a state that President Donald Trump only narrowly lost in 2016... THETFORD — Residents overwhelmingly approved a $3.94 million road bond on a 1,058-524 vote on Election Day.The bond will pay for work to reclaim... CLAREMONT — Erica Sweetser had been a registered Republican until two years ago, when she changed her affiliation to “independent.”President Donald... Hanover — The tiny snow removal tractor, driven by a man bundled against temperatures in the teens, slowly advanced past the office window of Dartmouth College men’s basketball coach Paul Cormier earlier this week. The Anthem Foundation Awards announced over $53 million in grants to address critical health issues facing Americans. On Tuesday, Novavax (NVAX)'s Director, Gail Boudreaux, made a $144,850 purchase of NVAX, buying [...], There's an old saying on Wall Street about insider buying: there are many possible reasons to sell a stock, but only one reason to buy. She ended up serving as head of the Aetna group insurance unit. We continue to make our coronavirus coverage free to everyone at www.vnews.com/coronavirus. Anthem Blue Cross is increasing membership thanks to seniors signing up to Medicare Advantage and benefitting financially from the launch of its own pharmacy benefit management company, IngenioRx. In 2006, for example, Boudreaux helped lead a consortium of 20 Blue Cross and Blue Shield plans that tried to improve the state of health data analytics by setting up a Blue Health Intelligence system. Boudreaux, 57, served as chief executive officer of UnitedHealthcare, UnitedHealth’s health insurance unit, from January 2011 through November 2014, and as executive vice president at the parent company level from May 2008 through February 2015. With her industry experience, she has earned plaudits from peers and Wall Street alike; in the first two years of her tenure, the stock popped 20%. The announcement means that Anthem will be the third major health insurer to make a CEO change in less than a year. In addition, she makes $15,473,100 as President, Chief Executive Officer, and Director at Anthem. It has been a privilege to lead Anthem and work with our more than 53,000 associates across the nation. Joseph Zubretsky, a former Aetna Inc. executive who has been running Hanover Insurance Group Inc., took over as the new CEO of Molina Healthcare Inc. today. Anthem did not say why Swedish is stepping down from the CEO post, but, in the press release announcing the change, it included a statement from George Schaefer Jr., the lead independent director, thanking Swedish for his leadership.
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