Posts Tagged ‘Plans’

Health Net Names New President of Northeast Plans, General Counsel

Friday, January 8th, 2010

Net Inc. has reshuffled responsibilities of two executives in light of ’s recent acquisition of the company’s U.S. licenses.

Net said it named Linda Tiano as of regional for Net of the . She has served as senior vice , and secretary since January 2007.

To replace Tiano, the company named Angelee Bouchard as senior vice , and corporate secretary, effective immediately.

In the newly created position, Tiano will relocate to Net’s Shelton, Conn. office and will lead the operations under an agreement with . She will report to Jim Woys, Net Inc.’s chief operating officer.

Attempts to get comment from Net weren’t immediately successful.

“Linda will work with the team to continue to provide for our members during this transition,” Woys said in a statement.

Paul , of Net of the , who helped to close the transaction, will continue with Net during the first quarter of next year to help with the transition of membership to .

Recently, , a unit of UnitedHealth Group (NYSE: UNH), completed its roughly $180 million acquisition of Net’s U.S. in a deal that expands its presence in Connecticut, New Jersey and New York (, Dec. 14, 2009).

was to pay Net (NYSE: | Quote | Chart | News | PowerRating) $60 million for its Medicare and Medicaid business, and renewal rights for commercial membership (, July 21, 2009).

Bouchard joined Net in 2003 as vice , assistant and assistant secretary. In this role, she oversaw the company?s corporate finance and merger-and- as well as Net’s corporate .

Net of Connecticut, Net of New York and Net of New Jersey each currently has a Best’s Financial Strength Rating of B+ (Good).

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