Dave Meadows, vice president of California Health Programs for Health Net of California, Inc., has been appointed by the California Department of Managed Health Care (DMHC) to its Financial Solvency Standards Board.
One of the board’s first items of business will be studying the financial implications of the Patient Protection and Affordable Care Act on California’s health plans and health care providers.
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Meadows has more than 30 years of health plan experience, including 17 years as the supervising examiner at the California Department of Corporations, which formerly performed many of the tasks now performed by the DMHC. His current duties include overall responsibility for the success of Health Net of California’s Medi-Cal, Healthy Families, Healthy Kids and Access for Infants and Mothers lines of business, which collectively provide coverage to more than 1 million medical and dental members.
“Dave is a great complement to the Financial Solvency Standards Board,” said David Friedman, vice president of State Health Programs for Health Net of California. “He has unique insight into the world of health care finance and health care business practices and can help assess how – and how much – the business of health care may change under the provisions of federal health care reform.”
About Health Net
Health Net of California, Inc., a subsidiary of Health Net, Inc. (NYSE:HNT), is one of the largest health plans in the state. Together with Health Net Life Insurance Company, it serves more than 2.2 million members statewide and contracts with more than 56,000 physicians, more than 5,600 pharmacies and more than 300 hospitals, giving its members greater choice and more convenient access to care. Its commercial HMO/POS and Medicare lines of business have received the “excellent” accreditation status from the National Committee for Quality Assurance. Its PPO line of business (offered by Health Net Life Insurance Company) and its Medicaid line of business have received the “commendable” accreditation status. For more information about Health Net, visit its Web site at www.healthnet.com.