HealthNow New York's new CEO took the reins of the region's largest insurer today.
David W. Anderson, 59, succeeds Alphonso O’Neil-White, who spent 16 years with HealthNow, the last 10 as president and CEO, making him the longest-serving chief executive in modern times for the 76-year-old insurer.
Anderson's appointment was announced earlier this month following a five-month national search for O'Neil-White's replacement.
Anderson served for the last seven years as CEO of UnitedHealthcare’s Southern California Region health plan.
HealthNow officials declined at the time of Anderson's appointment to disclose details of his overall compensation package. However, a company spokeswoman said Anderson's base salary would be comparable to, but lower than, that of O'Neil-White, who earned $872,000 in salary last year.
“On this memorable day for HealthNow, our
associates and the 800,000 members we serve, I want to again thank Alphonso for
his 16 years of excellent service to HealthNow and especially for his 10 years
of leadership as CEO,” said Thomas J. Hook, chairman of the HealthNow board of directors, said in a statement.
HealthNow operates as BlueCross BlueShield of Western New York locally and has 800,000 members in Upstate New York, Pennsylvania and California. The insurer had estimated annual revenue in 2012 of $2.5 billion, according to the insurer.
-- Stephen T. Watson