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Howard G. Phanstiel joined PacifiCare Health Systems, Inc. (NYSE: PHS), as executive vice president and chief financial officer in July 2000. In October 2000, he was named to PacifiCare's board of directors, and in December 2000 he was appointed president and chief executive officer. In March 2004, PacifiCare's board of directors elected Phanstiel Chairman.
Under Phanstiel's leadership, PacifiCare has transformed into a leading consumer health organization offering a variety of consumer-driven programs that provide more affordable and flexible health insurance and related products. As the chief executive of the nation's largest publicly traded Medicare Advantage plan through Secure Horizons Senior Solutions, Phanstiel is frequently interviewed by the national news media as Congress debates landmark Medicare reform legislation.
Prior to joining PacifiCare, Phanstiel was chairman and CEO of ARV Assisted Living Inc. of Costa Mesa, Calif., a $150 million public assisted-living company with 60 assisted-living communities nationwide serving 8,000 residents.
Before joining ARV, Phanstiel was executive vice president, Finance and Information Services, at WellPoint Health Networks Inc. in Woodland Hills, Calif. There, he led efforts to complete WellPoint's $3.5 billion recapitalization and acquire two major indemnity companies that doubled membership and revenue.
Phanstiel has also held various executive and management positions with Prudential Bache International Bank and Prudential Bache Securities, Marine Midland Banks, Sallie Mae and Citibank N.A.
Phanstiel's broad health care and management experience also includes the public sector at both the state and federal level. He has served as a director of the Office of Management and Budget (OMB) of the Health Care Financing Administration (HCFA) in the U.S. Department of Health, Education and Welfare. He was also division chief of the Office of Fiscal Affairs at the Illinois Bureau of Budget and executive budget officer at the Wisconsin Bureau of Planning and Budget.
Phanstiel received his bachelor of arts degree in political science from Syracuse University in New York and a master's degree from the university's Maxwell School of Public Administration.
In 2001, Phanstiel was recognized for significant achievements and contributions to the managed care sector by Who's Who in Managed Health Care. In 2003, he was recognized as a Patriotic Employer by the National Committee for Employer Support of the Guard and Reserve for PacifiCare's generous support of its employees in the military reserve and their families. Also in the Fall of 2003, Howie was honored at the third-annual American Heart Association's Corazones Unidos/Hearts United gala for his dedication and support provided to the Latino community.
Phanstiel is also active in several philanthropic endeavors, especially in support of the PacifiCare Foundation, which is devoted to charitable causes that make life better in a wide variety of communities. On a more personal level, Phanstiel is an Advisory Board member for the Los Angeles chapter of the "I Have A Dream Foundation." This organization encourages children from low-income areas to pursue education, culminating in guaranteed college or vocational school scholarships upon graduating high school.
Phanstiel and his wife reside in Los Angeles. | 