06 Sep MMM of Florida Launches New Medicare Advantage Plan for Medicare-Eligible Residents of South Florida
Chief Executive Officer Rosa Cozad will lead plan, aimed at improving quality of life for seniors in Broward, Miami-Dade and Palm Beach counties
MIAMI, Fla. — Sept. 6, 2018 – Officials with MMM of Florida have announced a new Medicare Advantage plan launching in Florida this fall. The health plan will be available to Medicare-eligible residents of Broward, Miami-Dade and Palm Beach counties when the annual election period (AEP) opens October 15, 2018.
Longtime South Florida healthcare executive Rosa Cozad will serve as Chief Executive Officer for the plan. Cozad brings more than 30 years of leadership experience in managed care organizations and insurance, as well as a proven track record of success in leading startups. Prior to joining MMM of Florida, she held leadership positions at Anthem, including the Government Business Division Lead and Chief Executive Officer of Amerigroup Florida. She also previously chaired the board for the Miami-Dade chapter of the Alliance for Aging, where she volunteered for nearly two decades.
“Having dedicated my career to South Florida’s elderly population, I am honored to help bring a new option with excellent benefits and a strong provider network to the residents of Broward, Miami-Dade and Palm Beach counties,” said Cozad. “MMM of Florida is committed to helping our members live healthier, fuller lives by offering them access to the high-quality clinicians they know and trust. We stand by our staff, our doctors and our members throughout the entire continuum of care. The experienced, dedicated leadership team at MMM of Florida has a track record of success in managed care in this area, and we’re looking forward to being a true healthcare partner for the communities we serve.”
MMM of Florida is a subsidiary of InnovaCare Health, a leading provider of integrated healthcare solutions based in Fort Lee, N.J. InnovaCare’s record of high-quality, coordinated care includes ten years operating one of the nation’s largest Medicare Advantage plans, MMM Healthcare, in Puerto Rico. During the decade that the company has managed the plan, members have benefitted from affordable services, improved quality and stronger support to take control of their health and wellbeing. Today, the company manages more than 250,000 Medicare Advantage beneficiaries.
“At InnovaCare, we work across the healthcare ecosystem to coordinate every aspect of a member’s care,” said InnovaCare’s Chief Executive Officer, Richard Shinto, M.D. “This collaborative approach provides the experience our members expect from their health plan – the right care, delivered in the right time and place, all at a great value. With MMM of Florida, we see an opportunity to bring our industry-leading technology and managed care expertise to patients and providers in South Florida. We look forward to building on our successful 20-year track record of expanding access to affordable, high-quality healthcare.”
Medicare is a federal health insurance program available to people 65 years or older, or with certain disabilities. This coverage is divided into four parts: Parts A and B, known as original Medicare; Part C, known as Medicare Advantage; and Part D, which is prescription drug coverage. Medicare Advantage plans such as MMM cover all Medicare services and typically offer additional coverage.
InnovaCare’s Medicare Advantage plans have achieved accreditation from the National Committee for Quality Assurance (NCQA), as well as 4.5-star quality ratings, out of 5, from the Centers for Medicare & Medicaid Services (CMS).
Federal regulations prohibit releasing specific plan details about the Florida plan at this time, but more information will be available to patients before the AEP opens.
InnovaCare Health improves the lives of members and physicians through innovative solutions for value-based healthcare. In each unique market the company serves, InnovaCare works across the healthcare ecosystem – with patients, providers, payers and other partners – to increase access to high-quality, affordable care.
Based in Fort Lee, N.J., InnovaCare has been on the forefront of value-based care for more than a decade, distributing risk and developing proprietary technologies to inspire patient and provider enagement. Through an integrated portfolio of health plans, medical service organizations, clinical networks and more, the company manages nearly 500,000 lives, including more than 100,000 dual-eligible beneficiaries. InnovaCare’s Medicare Advantage plans have received NCQA accreditation and 4.5-star quality ratings from the Centers for Medicare and Medicaid Services (CMS).