One of America’s most influential leaders in the national health care industry has announced his retirement as president and chief executive officer of AmeriHealth Caritas after nearly 20 years with the company and four years at its helm.
Michael A. Rashid will be succeeded by Paul A. Tufano, Independence Blue Cross (IBC) executive vice president and AmeriHealth Caritas board chairman. Tufano will now serve as chairman and CEO, effective March 31st. Rashid will serve as special advisor to IBC President and CEO Daniel J. Hilferty through year end.
During his tenure, Rashid positioned the company as a national leader providing health care solutions for people most in need. He helped develop three new product lines that expanded the number of members served from 300,000 in two states to nearly five million in 15 states and the District of Columbia.
In September, Rashid’s leadership in the Medicaid managed care industry was recognized by U.S. Health and Human Services Secretary Kathleen Sebelius who appointed him to the National Advisory Council on Minority Health and Health Disparities of the National Institutes of Health.
Tufano joined IBC in 1999 as senior vice president and general counsel and promoted in 2010 to executive vice president. He received additional responsibility as president of Government Markets, overseeing the company’s interests in Medicare, CHIP and Special Care that serve more than 200,000 lives.
In 2011, he assumed responsibility for Public Affairs, including Government and Community Affairs; the Independence Blue Cross Foundation and expanded further to include chairman of the AmeriHealth Caritas board.
Before joining IBC, Tufano was general counsel for former Gov. Tom Ridge.
He also serves as vice chair of the Villanova University Board of Trustees and board chairman for The Kimmel Center for the Performing Arts.
Tufano has appointed Anne Morrissey president of the company. She will also continue as chief operating officer. Morrissey joined AmeriHealth Caritas in 2004 and in 2005, became Rashid’s chief of staff. Morrissey’s role expanded to chief operating officer in 2008 and executive vice president and chief operating officer in 2010.
Morrissey also serves on various civic organizations and boards.
With Tufano’s newly expanded leadership role, he will be replaced as general counsel and corporate secretary for IBC by Thomas A. Hutton who will be promoted to that post.
Hutton will oversee IBC’s legal team, which includes Richard F. Levins and Lilton R. Taliaferro, Jr., who, respectively, have jurisdiction over health care in Pennsylvania and New Jersey.
Independence Blue Cross is the leading health insurer in southeastern Pennsylvania also serving more than 7.5 million people nationwide, including 2.2 million in the region. It is also the parent company of AmeriHealth Caritas.