Blue Cross of California adds workers' comp financial expertise with appointment of William J. Owen.WOODLAND HILLS, Calif.--(BUSINESS WIRE)--Dec. 4, 1996-- Emphasis on expansion of workers' compensation workers' compensation, payment by employers for some part of the cost of injuries, or in some cases of occupational diseases, received by employees in the course of their work. coverage demonstrates Blue Cross of California's commitment to complex and challenging arena The appointment of William J. Owen to the newly created position of vice president of finance for workers' compensation/government/ education/public sectors for California businesses was announced this month by Gene Householter, general manager, California education/public sector for Blue Cross of California. BCC (Blind Carbon Copy) The field in an e-mail header that names additional recipients for the message. It is similar to carbon copy (cc), but the names do not appear in the recipient's message. Not all e-mail systems support the bcc feature. See fcc. is the California operating subsidiary of WellPoint Health Networks Inc. (NYSE NYSE See: New York Stock Exchange :WLP WLP WebLogic Portal (Bea Systems) WLP Wafer Level Packaging WLP Women's Learning Partnership (Bethesda, MD) WLP Workplace Learning & Performance WLP World Library Partnership, Inc. ). "Bill comes to us with 15 years of solid experience, most recently with Zenith National Insurance, one of the industry's top workers' compensation carriers," noted Householter. "His expertise in workers' compensation finance will be especially helpful as we continue to expand and refine our product offerings in this area. The workers' comp arena is an especially difficult market because of the complexities involved, but we see that it is a very necessary need for employers in our state to have affordable products for their workers that integrate health and workers' comp coverage." The expansion and development of Blue Cross' business called for the creation of the new vice president position. In that capacity, Owen is responsible for financial activities for the education, public and government programs business sectors, including accounting, forecasting, operational reporting and special accounts such as workers' compensation. Owen's previous experience includes 10 years with Zenith as controller, where he focused on financial reporting, systems, acquisition consolidation, government regulation compliance and workers' compensation risk evaluation. He also worked as a senior auditor with Coopers & Lybrand in London and Los Angeles, planning and implementing financial audits of companies in diverse industries. Owen received his M.A. in economics from the University of Western Ontario Western is one of Canada's leading universities, ranked #1 in the Globe and Mail University Report Card 2005 for overall quality of education.[2] It ranked #3 among medical-doctoral level universities according to Maclean's Magazine 2005 University Rankings. , Canada, and his B.A. in economics from the University of Sheffield The University of Sheffield is a research university, located in Sheffield in South Yorkshire, England. Reputation Sheffield was the Sunday Times University of the Year in 2001 and has consistently appeared as their top 20 institutions. , England. He is a C.P.A. with the American Institute of Certified Public Accountants With over 330,525 CPA members (in August 2006), the American Institute of Certified Public Accountants (AICPA) is the largest professional organization of Certified Public Accountants (CPAs) in the United States of America. , and a Chartered Accountant with the Institute of Chartered Accountants in England and Wales England and Wales are both constituent countries of the United Kingdom, that together share a single legal system: English law. Legislatively, England and Wales are treated as a single unit (see State (law)) for the conflict of laws. . Blue Cross of California, with nearly 3.4 million medical members, is the California operating subsidiary of WellPoint Health Networks Inc., one of the nation's largest publicly traded managed-care companies. WellPoint offers a comprehensive array of quality health plans provided through health maintenance organizations, preferred provider organizations and specialty managed health-care networks. Specialty products include pharmacy benefit management A Pharmacy Benefit Manager (PBM) is a third party administrator of prescription drug programs. They are primarily responsible for processing and paying prescription drug claims. , dental, vision, mental health, life and disability insurance, flexible spending accounts, COBRA administration and 24-hour integrated, network-based workers' compensation. CONTACT: WellPoint Health Networks Inc., Woodland Hills Elise Anderson, 818/703-2703 |
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