SAN FRANCISCO, Aug. 10 Blue Shield of California has announced the promotion of Mark Gastineau to senior vice president and chief executive of Blue Shield of California's Individual, Small Group, and Government Business Unit (ISGBU). Gastineau joined Blue Shield in 2006 as vice president of ISGBU Finance and Underwriting, leading the finance, underwriting and compliance areas in developing strategies to increase membership growth and profitability. In his new role, Gastineau will be responsible for the overall operating results for ISGBU.
"I am very pleased to welcome Mark into this new role," said Blue Shield of California executive vice president and chief operating officer Paul Markovich. "With nearly 20 years experience in health care and an in-depth knowledge of the individual, small group and government markets, Mark will continue to play an important role in ensuring our customers receive high quality health care coverage."
Prior to joining Blue Shield, Gastineau served in various roles at WellPoint, including General Manager of UNICARE Individual and Small Group and Vice President of UNICARE Small Group, Mergers and Acquisition Integration, and Corporate Finance.
Gastineau is a member of The State Bar of California and is a certified public accountant. He graduated from California State University with a B.S. in Business Administration - Accounting, and from Southwestern School of Law with a Juris Doctor degree.
Background on Blue Shield of California
Blue Shield of California, an independent member of the Blue Shield Association, is a not-for-profit health plan dedicated to providing Californians with access to high quality care at a reasonable price. Founded in 1939, it now has 3.4 million members, 4,800 employees, one of the largest provider networks and more than 20 office locations, providing a wide range of commercial and government products throughout the state. The company has contributed $100 million over the past three years to the Blue Shield of California Foundation to fund nonprofit organizations that improve access to quality health care in California. Contact your local agent or broker for more information about Blue Shield products and services, or visit the Blue Shield web site at www.blueshieldca.com.
Erica Perng Corporate Communications Manager (415) 229-6171 [email protected]
SOURCE Blue Shield of California