CONEXIS Names Seasoned Industry Veteran To New Position of Chief Sales and Marketing Officer.Business Editors ORANGE, Calif.--(BUSINESS WIRE)--Nov. 3, 2003 Addition of industry veteran Michael Close to further establish company's leadership in COBRA, FSA FSA Financial Services Authority FSA Food Standards Agency (UK) FSA Farm Service Agency (USDA) FSA Financial Services Agency (Japan) , and HRA HRA Health Reimbursement Arrangement HRA Health Risk Assessment HRA Housing and Redevelopment Authority HRA Human Resources Administration HRA Health Reimbursement Account HRA Housing Revenue Account administration marketplace CONEXIS, one of the fastest growing technology companies specializing in administration for Consolidated Omnibus Budget Reconciliation Act Consolidated Omnibus Budget Reconciliation Act, n.pr law that allows individuals to carry over health coverage from a previous job for a limited time at their own expense. (COBRA), Section 125 (Cafeteria) Flex plans, and Health Reimbursement Reimbursement Payment made to someone for out-of-pocket expenses has incurred. Arrangements (HRA), announced today that Michael Close has been appointed to the new position of Chief Sales and Marketing Officer for the company. Close joins an established senior sales and marketing team that includes executives from the company's Orange County and Dallas regional offices. Close brings more than 18 years of experience in managed health care and employee benefits with responsibilities ranging from sales, marketing, and account management to product development and planning. He also has a strong background in building partnerships with major health plans -- a key attribute for CONEXIS as it seeks to further expand relationships with national health plans. Close will be responsible for national sales and marketing for CONEXIS, and will report directly to Ken Farrell, President of CONEXIS. "We are pleased to bring someone of Michael's caliber and experience to our company," said Farrell. "The benefits industry remains both competitive and complex. To meet not only our clients' needs, but also to continue the growth of our company, we need the leadership and insights that Michael will provide." Prior to joining CONEXIS, Close was Chief Sales & Marketing Officer for American Specialty Health, the nation's leading complementary healthcare organization. During his tenure, he increased membership by more than 5 million in benefit programs and managed more than $100 million in premium revenue. Close managed a national sales team that worked closely with health plans and Fortune 1000 employers. Prior to joining American Specialty Health, he was the Senior Vice President of Sales and Marketing for Health Net of California with responsibility for all commercial lines of business representing 1.7 million members and $2.8 billion in premium revenue. He has held other key sales and marketing positions with leading healthcare organizations as well. Close received a bachelor's degree from Ohio State University Ohio State University, main campus at Columbus; land-grant and state supported; coeducational; chartered 1870, opened 1873 as Ohio Agricultural and Mechanical College, renamed 1878. There are also campuses at Lima, Mansfield, Marion, and Newark. , and is an active member of the National Association of Health Underwriters (NAHU NAHU National Association of Health Underwriters ). About CONEXIS CONEXIS is a technology driven administrator that specializes in some of the most complex areas facing employers today -- COBRA, Section 125 plans, Section 132 transportation plans, and HRAs. Through its recent acquisition of Dallas-based CompLink, the company's product offerings have expanded to include HIPAA (Health Insurance Portability & Accountability Act of 1996, Public Law 104-191) Also known as the "Kennedy-Kassebaum Act," this U.S. law protects employees' health insurance coverage when they change or lose their jobs (Title I) and provides standards for patient health, notifications and direct billing direct billing Managed care The submission of bills for services rendered–eg lab work directly to the party–ie Pt or financially responsible third party–insurance company, for whom the service was performed, rather than to the physician who ordered the test services. CONEXIS has been providing products and services to employers and their employees, as well as to consultants, health plans and vendors nationwide since 1986. CONEXIS now has more than 14,000 clients nationwide, making it one of the leading COBRA, FSA, and HRA Administrators in the country. Headquartered in Orange, California The City of Orange is located in Orange County, California, United States. It is approximately 3 miles (6 kilometers) north of the county seat, Santa Ana, and approximately 32 miles (52 kilometers) southeast of Los Angeles. , CONEXIS is a Word and Brown company. For more information on CONEXIS, contact Karen Hyman, Brand Manager, at 877-CONEXIS (877-266-3947), or visit the company's website at www.conexis.com. |
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