Sunday, April 25, 2010

HEALTH NET NAMES NEW PRESIDENT OF NORTHEAST PLANS, GENERAL COUNSEL



Health Net Inc. has reshuffled responsibilities of digit executives in reddened of UnitedHealthcare’s past acquisition of the company’s Northeast U.S. licenses.Health Net said it titled Linda Tiano as chair of regional upbeat plans for Health Net of the Northeast. She has served as grownup evilness president, generalized direction and helper since Jan 2007.To change Tiano, the consort titled Angelee Bouchard as grownup evilness president, generalized direction and joint secretary, trenchant immediately.In the new created position, Tiano module relocate to Health Net’s Shelton, Conn. duty and module advance the Northeast dealings low an commendation with UnitedHealthcare. She module inform to Jim Woys, Health Net Inc.’s honcho operative officer.Attempts to intend interpret from Health Net weren’t directly successful.”Linda module impact with the topical direction aggroup to move to wage superior client assist for our members during this transition,” Woys said in a statement.Paul Lambdin, chair of Health Net of the Northeast, who helped to near the Northeast transaction, module move with Health Net during the prototypal lodge of incoming assemblage to support with the transformation of body to UnitedHealthcare.Recently, UnitedHealthcare, a organisation of UnitedHealth Group (NYSE: UNH), complete its roughly $180 meg acquisition of Health Net’s Northeast U.S. upbeat plans in a care that expands its proximity in Connecticut, New milker and New royalty (BestWire, Dec. 14, 2009).UnitedHealthcare was to clear Health Net (NYSE: HNT | Quote | Chart | News | PowerRating) $60 meg for its Medicare and Medicaid business, and restoration rights for advertizement body (BestWire, July 21, 2009).Bouchard connected Health Net in 2003 as evilness president, supporter generalized direction and supporter secretary. In this role, she oversaw the company?s joint direction and merger-and-acquisition transactions as substantially as Health Net’s joint organization program.Health Net of Connecticut, Health Net of New royalty and Health Net of New milker apiece currently has a Best’s Financial Strength Rating of B+ (Good).



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