Hartford HealthCare (HHC) and Tufts Health Plan (THP) are partnering to form a new Connecticut Medicare Advantage plan ("Newco"). NewCo's value proposition will center on collaborative and aligned provider / health plan clinical efforts and an engaged primary care provider network. Newco's implementation and start-up activities are underway with a target go-live date of January 1, 2019.
Newco will be supported in its day-to-day business activities by THP. THP will provide all core insurance functions through its established infrastructure. Additionally, NewCo will have in-market dedicated staff responsible for care management, provider network management, risk adjustment, sales and marketing.
Reporting to the Board of Directors of NewCo, the President will have overall P&L responsibility for the NewCo Medicare Advantage plan. This includes development, start up and initial market launch as well as ongoing operations and financial performance including membership growth, medical cost and revenue management, performance of the provider network, quality, member experience and satisfaction. The President will also be expected to develop effective working relationships with key senior leaders of HHC and THP to seek guidance and discuss important business issues. She/he will meet regularly with the President of Senior Products for THP, as well as with other senior leaders at both companies in order to ensure that issues impacting the achievement of objectives are identified and resolved in a timely and effective fashion.