In N.J., Officials Begin Liquidating HIP Health Plan

Unable to find an acceptable suitor for HIP Health Plan of New Jersey, state officials are liquidating the deeply indebted HMO they seized late last year.

About 144,000 commercial subscribers have until the end of this month to find new coverage. Another 21,000 HIP Medicaid enrollees have been transferred to another HMO, which the state has not named. New Jersey regulators had previously rejected HIP of New York's takeover proposal as "speculative."

Meanwhile, in Texas, a state judge placed 17,000-member WellChoice Health Plan in receivership after it lost nearly $6 million in 1997 and 1998. The state later approved a bid by PacifiCare of Texas to absorb WellChoice's subscribers.

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HAP, a subsidiary of Henry Ford Health System, is a nonprofit health plan providing coverage to individuals, companies and organizations. This executive develops strategies to meet membership and revenue targets through products, pricing, market segmentation and advertising.  Aligns business among Business Development, Commercial Sales, Medicare and Public Sector Programs and Product Development. Seeks to enhance and be responsible for business development and expansion through the development of an effective product portfolio, strong interpersonal relationships and service excellence.

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