The CareFirst Board of Directors is responsible for overseeing the company's overall strategy and direction. The board's leadership and governance structure is designed to ensure effective decision-making and accountability.
The board is composed of highly experienced and skilled individuals, including former government officials and business leaders. One notable member is a former Secretary of Health and Human Services.
CareFirst's board members are tasked with ensuring the company's financial stability and growth. They also oversee the company's commitment to delivering high-quality healthcare services to its members.
The board's governance structure includes a number of committees that focus on specific areas, such as audit, finance, and risk management.
Explore further: Carefirst Ceo
CareFirst Board of Directors
The CareFirst Board of Directors is responsible for overseeing the company's overall strategy and direction.
The board consists of 12 members, each with their own unique expertise and experience.
One of the board members is a former CEO of a major healthcare organization.
Explore further: Nonprofit Board Members Paid
The board also includes a current CEO of a prominent health system.
CareFirst's board of directors is led by a chairperson who is responsible for setting the agenda and facilitating meetings.
The chairperson has been with the company for over a decade, bringing a wealth of knowledge and experience to the role.
The board meets quarterly to discuss key issues and make strategic decisions.
These meetings are also attended by senior executives and other key stakeholders.
Frequently Asked Questions
Who is the general counsel of CareFirst BlueCross BlueShield?
Randolph (Randy) Sergent serves as the General Counsel of CareFirst BlueCross BlueShield. He also holds the roles of Executive Vice President and Corporate Secretary.
Are CareFirst and Blue Cross Blue Shield the same?
CareFirst is an independent licensee of the Blue Cross Blue Shield Association, but it is a separate nonprofit organization with its own dual headquarters. This means CareFirst offers its own unique health insurance plans, while also sharing a brand affiliation with Blue Cross Blue Shield.
Sources
- https://individual.carefirst.com/individuals-families/about-us/stephen-l-waechter.page
- http://carefirstny.org/board-of-directors
- https://macpa.org/news/20326492-carefirst-bluecross-blueshields-thomas-white-named-chair-of-macpas-board-of-directors-2024-06-26
- https://pnhp.org/news/md-lawmakers-to-block-sale-of-carefirst/
- https://kffhealthnews.org/morning-breakout/dr00016429/
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