Head of NM health exchange stepping down - Albuquerque Journal

Head of NM health exchange stepping down

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Amy Dowd has resigned from her job as CEO of the state’s health insurance exchange. (COURTESY BeWellNM)

The chief executive officer of New Mexico’s health insurance exchange is leaving for a job with a California-based health insurer.

Amy Dowd, who has been running the online marketplace since July 2014, has accepted a job with Molina Healthcare where she will be associate vice president of marketplace operations. In the new job, Dowd will oversee Molina’s coverage offered in nine health insurance marketplaces exchanges, as well as billing for those plans.

Dowd did not respond to a request for comment Friday.

“Amy Dowd has informed me she has accepted a new position and has provided her resignation as CEO of beWellnm, New Mexico’s health insurance exchange,” said J.R. Damron, the exchange’s board chairman. “We are grateful to Amy for her valuable contribution to New Mexico during her time with the exchange and we wish her well in her new role.

He said Dowd would remain in her job through the next board meeting in late September. The board and the “beWellNM leadership team” will “develop a solid transition plan,” he said.

“With our strong operational foundation, experienced leadership at beWellnm and the support of the board of directors, I am confident in our ability to continue to serve the people of New Mexico as we head into our fourth open enrollment this fall.”

The current salary for the CEO position is $199,000 and, like all operations, staff salaries are funded through a combination of all major medical carriers in the state.

The exchange, which employs about 20 people, is not a state agency and not funded through the state general fund.

Dowd came to New Mexico from Your Health Idaho, Idaho’s Health Insurance Exchange, where she was the executive director for 15 months and achieved the fourth highest per capita exchange enrollment in the country in the first open enrollment period. The Idaho exchange enrolled 76,000 individuals in health care plans during the first open-enrollment period and was considered one of the more successful exchanges in the nation.

“Amy brings more than 20 years of experience leading operations and technology implementation projects in the public, private, and non-profit healthcare sectors to her new role and we are excited to have her on the Molina Healthcare team,” said Lisa Rubino, senior vice president of duals and exchange for the Long Beach, Calif.-based firm. “Her respected track record throughout her extensive career will be instrumental in guiding our continued marketplace growth.”

According to her LinkedIn page, Dowd worked in Ernst and Young’s national health care practice helping national health insurers implement the Affordable Care Act. Prior to that, she held several leadership positions at Excellus BlueCross BlueShield in upstate New York.

Nearly 55,000 New Mexicans signed up for insurance plans offered by private insurers on the exchange in the past year. Molina has about 40 percent of the market share through the exchange, the largest portion among the four carriers offering coverage.

 

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