WA Exchange names interim CFO

OLYMPIA, Wash. – The Washington Health Benefit Exchange, operator of Washington Healthplanfinder, the state’s health insurance marketplace, today announced Carole Holland as interim CFO. Holland will be assuming the role previously held by Robert Nakahara who this month announced he was leaving the Exchange. This new appointment will take effect immediately.

“This is a great opportunity to apply my fiscal and policy expertise to something I care about both personally and professionally – the successful operation of our state’s health insurance marketplace,” said Holland. “I feel fortunate to be joining an organization with such talented staff and an Exchange that is viewed as a national leader.”

Carole Holland,  Washington Health Benefit Exchange Interim CFO, source: LinkedIn

Carole Holland, WAHBE interim CFO, source: LinkedIn

During her two decades of public service, Holland has held several senior level fiscal positions in state agencies, the legislature and governor’s office. This includes serving as the Governor’s senior budget analyst where she oversaw fiscal and policy issues for the state’s $23.8 billion health care and human services agencies, and the $850 million WorkFirst partnership.

She also was a fiscal analyst for the Senate Ways and Means committee where she analyzed budgets, provided fiscal recommendations and drafted legislation. Recently, Holland has been a consultant on a number of special projects in the health care field, including the Exchange, and is currently an adjunct faculty member at Seattle University’s Institute of Public Service.

“Carole is a great addition to the Exchange team and her expertise will be essential now that our funds are appropriated by the legislature,” said Pam MacEwan, interim CEO of the Washington Health Benefit Exchange. “Her work with large administrative budgets and the state’s accounting and legislative process will help the Exchange develop the necessary fiscal management we need going forward.”

Since going live on Oct. 1, 2013, nearly two million people – one out of every four Washingtonians – have used Washington Healthplanfinder to secure health insurance coverage at low or no cost. A recent Gallup Survey found that the state’s uninsured rate has dropped more from 16.8% to 6.4% since the opening of the Exchange – the fifth highest such decline in the nation. Washington Healthplanfinder has also secured more than $400 million in federal subsidies to help consumers pay premiums and reduce costs of hospital and provider visits.

About Washington Healthplanfinder
Washington Healthplanfinder is a new online marketplace for individuals, families and small businesses in Washington to compare and enroll in health insurance coverage and gain access to tax credits, reduced cost sharing and public programs such as Medicaid. The next open enrollment period for Washington Healthplanfinder begins on Nov. 1, 2015, for health insurance coverage beginning on Jan. 1, 2016. The open enrollment period will extend through Jan. 31, 2016.

About the Washington Health Benefit Exchange
The Washington Health Benefit Exchange is a public-private partnership established in accordance with the Patient Protection and Affordable Care Act of 2010 (ACA) to implement a new health insurance marketplace for individuals and small businesses. The Exchange is separate from the state and governed by an independent 11-member board. For more information, visit www.wahbexchange.org.