BOSTON Longtime Tufts Health Plan CEO Jim Roosevelt will step down January 1, the company announced Wednesday.
Roosevelt started at Tufts Health Plan as senior vice president and general counsel in 1999. He was appointed CEO in 2005, and since then has grown the insurer from about 600,000 members to more than one million in both private plans and Tufts-managed Medicare and Medicaid plans.
Roosevelt says he’s leaving Tufts in good financial health, but that there are still challenges to dealing with the cost of health care.
“People need to understand that the prices that are charged are not the important indicators. They have to be looked at together with quality,” Roosevelt told WBUR. “We also have a national problem with pharmaceutical prices.”
Tufts Health Plan’s president and chief operator officer, Tom Croswell, will replace Roosevelt as CEO.
As for what’s next for Roosevelt, the grandson of FDR says he plans to stay active in trying to elect a Democratic president next year. He will also serve as an adviser and consultant for Tufts Health Plan.
With reporting by WBUR’s Martha Bebinger