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Title: Daybreak Maroney
Earlier title: President of markets and CEO of Alignment Well being Plans
New title: President, Alignment Healthcare
Alignment introduced Maroney’s appointment on Monday in tandem with monetary paperwork reaffirming the Medicare Benefit payer’s 2024 steering and projecting confidence in reaching earnings targets for 2025.
The insurer, which payments itself as a tech-savvy MA supplier higher attuned to high quality and outcomes, was based in 2013 earlier than going public in 2021. Since then, Alignment has labored to develop past its core California market, and has made progress on that aim, working plans serving 182,000 members in six states as of the third quarter.
Alignment stays notably smaller than its different publicly traded friends within the privatized Medicare program. Compared, UnitedHealthcare and Humana, the 2 largest MA payers, had 7.8 million and 6.2 million MA members respectively as of the third quarter.
Nonetheless, analysts have described Alignment’s latest progress as exceptionally sturdy. The corporate estimates it can have virtually 210,000 members as of the beginning of yr, representing 35% progress over 2024. Alignment expects to develop one other 25% this yr to 231,000 members.
Daybreak Maroney, Alignment’s new president.
Permission granted by Alignment Well being
Maroney is being appointed to “drive this subsequent section of progress,” per the press launch. The manager, who has been with Alignment for over a decade, will oversee the payer’s day-to-day operations in her new function.
Within the 20 years earlier than Maroney joined Alignment in 2014, she held management roles at Blue Defend of California, Elevance, UnitedHealth and Centene, in accordance with her LinkedIn.
In a latest shiny spot for pure-play MA insurers like Alignment, the CMS earlier this week proposed a fee hike for MA plans that ought to end in funds rising 4.3% on common in 2026. As well as, Alignment — which already touts excessive “star” or high quality scores — had the celebs for one in all its plans enhance from 4.5 to five final summer season after regulators recalculated the scores.
