August 9, 2018
David Naramore Named Vice President and Chief Actuary for Health Partners Plans
Philadelphia, PA — David Naramore, a seasoned leader in the managed care industry, has joined Health Partners Plans (HPP) as Vice President and Chief Actuary, reporting to Executive Vice President of Finance and Administration and Chief Financial Officer Eric Huss.
Naramore oversees the alignment of actuarial services with financial functions to ensure the best possible business intelligence in communications with executive leadership, owner hospitals and regulators. Naramore leads the timely and accurate filing of all actuarial deliverables to federal regulators and both internal and external auditors and customers. In addition, Naramore provides insights and recommendations to HPP executives in support of decisions related to strategic direction.
Naramore brings more than 24 years of actuarial and leadership experience to HPP. He has a proven track record in reducing costs, enhancing forecasting and budgeting processes, and strengthening the quality, credibility and dependability of actuarial services. In addition, Naramore has expertise in financial forecasting and reporting, data analysis and regulatory compliance.
Prior to joining HPP, Naramore served as vice president and chief actuary at Independent Health in Buffalo, New York, where he created and led an efficient, high-functioning team, reducing costs by hundreds of thousands of dollars in the process. During his career, Naramore has also served as actuarial services manager at HealthNow in Buffalo and actuarial services manager at Excellus in Rochester, New York.
“In such a competitive and dynamic industry, Dave is uniquely positioned to help lead HPP’s efforts to further enhance its Actuarial Services Department,” said Huss. “In addition to Dave’s exceptional record in the managed care industry and the actuarial services field, his leadership skills will be a great asset in ensuring HPP’s business supports our commitment to delivering the best possible health care to our members.”
“HPP has a well-known reputation for pioneering innovation and providing customer-focused, value-based care; I’m proud to join this team,” said Naramore. “As we continue to deliver high-quality health care to members, I’m excited to help explore new business opportunities and ensure HPP continues to grow and thrive.”
Naramore received a Bachelor of Science in mathematics from St. Michael’s College in Winooski, Vermont and a Master of Science in mathematics from Syracuse University. He is an Associate of the Society of Actuaries and a member of the American Academy of Actuaries.
ABOUT HEALTH PARTNERS PLANS
Health Partners Plans, an innovative not-for-profit managed care organization, is the only Medicaid plan in Pennsylvania and is among just 11 Medicaid plans nationwide with an accreditation status of Excellent as of September 26, 2017. This is the highest status bestowed by the National Committee for Quality Assurance. Health Partners Plans serves more than 279,000 members in Southeastern Pennsylvania and the Lehigh/Capital region. It provides a broad range of health coverage options through its Health Partners Medicare, Health Partners (Medicaid) and KidzPartners (Children’s Health Insurance Program) plans. Founded more than 30 years ago, Health Partners Plans is one of the few hospital-owned health plans in the country. Learn more about how Health Partners Plans is doing it right at HealthPartnersPlans.com, twitter.com/HPPlans and facebook.com/healthpartnersplans.
Monet T. Irving
Director, Corporate Communications