<p lang="en-US">Aug. 8--SANTA FE -- Wayne Propst, who spent time at his previous job analyzing the New Mexico Retiree Health Care Authority, has been tabbed as the group's new executive director.</p> <p>The move comes after a tumultuous period for the Retiree Health Care Authority, which has struggled with the increased cost of providing health care coverage and recently filled several other key vacancies.</p> <p>The authority provides health care coverage to 42,000 retired state government and public sector employees and their family members.</p> <p>The monthly premiums on healthcare plans offered by the Retiree Health Care Authority are currently 65 percent subsidized. Government agencies and employees both pay into the authority's operating budget and the group also receives funding from the state.</p> <p>Propst, who assumed his new duties July 22, comes to the authority from the Legislative Finance Committee, where he worked as an analyst. He previously had served as a senior policy adviser to Sen. Jeff Bingaman, D-N.M.</p> <p>Propst said in a statement Monday that he hopes to work with state officials and legislators to develop sound, longrange financial strategies to ensure the authority remains viable in the future.</p> <p>Such goals were welcomed by the authority's board of directors, who hired Propst.</p> <p>"We believe Wayne is committed to the objectives of RHCA and we are counting on his leadership to steer RHCA in an innovative direction," board Chairman Alfredo Santistevan said.</p>
Restitution Due Some Blue Cross And Blue Shield Of Texas Customers
Advisor News
- The inheritance gap: Helping clients plan for money that hasn’t arrived
- After the midterms: Addressing your clients’ tax concerns
- Berkeley arts tax heads toward passage while public bank measure looks likely to fail
- Americans’ sense of overall prosperity still ticks upward
- Turning expanded eligibility into a better coverage plan for federal clients
More Advisor NewsAnnuity News
- Annuity sales hit record $126.3B as RILA sales top $25B
- More pre-retirees rethink retirement as income-planning concerns grow
- AM Best Affirms Credit Ratings of Knighthead Annuity & Life Assurance Company and Merit Life Insurance Co.
- Jackson reports record annuity sales, increases share repurchase authorization
- Why the market doesn’t need more carriers
More Annuity NewsHealth/Employee Benefits News
- Open health insurance enrollment: What it means for your taxes
- AFTER TRUMP'S 'BIG, UGLY BILL' KICKED MORE THAN 46,000 NEW YORKERS IN THE HUDSON VALLEY OFF HEALTH INSURANCE EARLIER THIS YEAR, SCHUMER INTRODUCES NEW LEGISLATION TO REVERSE CUTS AND RESTORE HEALTH CARE COVERAGE
- BENNET URGES ACTION AS COLORADO HEALTH INSURANCE PREMIUMS RISE FOR 2027
- QANDA: THINGS TO KNOW ABOUT YOUR HEALTHCARE COVERAGE
- HIRONO, WYDEN, SANDERS, SENATE DEMOCRATS CALL OUT INSURANCE COMPANY COLLABORATION WITH TRUMP ADMINISTRATION TO KICK THOUSANDS OF AMERICANS OFF HEALTH INSURANCE
More Health/Employee Benefits NewsLife Insurance News
- Samsung Fire & Marine Insurance to Acquire Outstanding Stake in Canopius with KKR and KIC
- Start estate planning before the family needs it
- Best’s Market Segment Report: Health and Property Lines of Business Drive Hong Kong’s Non-Life Insurance Growth
- AM Best Affirms Credit Ratings of Central States Indemnity Co. of Omaha and Its Subsidiary
- National Life Group Approves $23 Million Dividends for 2027
More Life Insurance News