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October 10, 2022 / 2022 Power 25 Health Care

2022 Power 25 Health Care: Karen Moran & Roberta Wachtelhausen

In one of the highest-profile shakeups in Connecticut’s healthcare industry over the past year, Karen Moran took over as president of Farmington health insurer ConnectiCare after the sudden departure of Eric Galvin.

Moran now leads one of the state’s largest health plans, which covers almost 80% of individuals purchasing insurance through Access Health CT, the state’s health insurance exchange.

Moran also holds the title of senior vice president of commercial business for New York-based parent company, EmblemHealth.

In her most high-profile public appearance to date, Moran in August spoke during a public hearing held by the state Insurance Department related to rate increases requested by ConnectiCare and other insurers for 2023 plans.

Moran said ConnectiCare’s proposed rate increases — which included average hikes of 22.9% and 23.6% for small group plans sold on and off the state’s insurance exchange, respectively — were a result of the Insurance Department previously approving premiums that were significantly below actual claim pay outs, which led to over $65 million in losses in the past year.

“The single most significant driver of our proposed rate increase is to restore our rates to an adequate level,” Moran said. “Continued inadequate rates will negatively impact our ability to meet our obligations to our policyholders over the long term.”

The Insurance Department eventually scaled back some of those proposed rate increase requests.

Photo | HBJ File
Roberta Wachtelhausen is the president of WellSpark Health.

Roberta Wachtelhausen is the president of expanding WellSpark Health, a Farmington provider of corporate wellness programs that announced plans in 2021 to grow its headquarters and add 287 jobs over the next seven years.

The company’s offerings — which focus on several areas, including health coaching and disease prevention, particularly related to chronic diseases like diabetes and hypertension — have seen growing demand as employers put an emphasis on keeping their workers healthy.

WellSpark is an affiliate of ConnectiCare.

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