The leader of CareSource, one of Dayton’s largest companies, is retiring next year.
Chief Executive Officer Pamela Morris announced she will retire from her role effective May 2018 after leading the Medicaid-managed care company since its inception 28 years ago.
“CareSource has been much more than a job for me, it has been my life’s passion. Even in those early days through today, I have never lost sight of what I set out to do when I came to Dayton and we started the Dayton Area Health Plan,” Morris said in a statement.
CareSource anchors downtown Dayton with about 2,000 employees, making it one of the largest employers in the city’s core. It is in the midst of building a new six-story building on East First Street near its headquarters at the corner of Monument Avenue and Main Street, which are the only two major new office buildings to be built downtown in the past decade.
Morris’ plans to step down from leading the company comes at a tumultuous time for the health care industry.
While the $7.2 billion nonprofit insurer’s focus is on managing Medicaid plans, it also has plans next year to dramatically expand how many counties it sells health plans under the Affordable Care Act exchanges, despite the uncertainty facing the health insurance law, also known as Obamacare.
CareSource made national headlines when it stepped up to offer health plans in Paulding County, which until that point had been the last county in the U.S. without an insurer lined up to sell a plan on the ACA exchange in 2018.
Morris pioneered Ohio’s first mandatory Medicaid managed care program and under her leadership, CareSource has grown to become one of the nation’s largest Medicaid Managed Care plans, serving more than 1.8 million members in Ohio, Kentucky, Indiana, Georgia and West Virginia.
The CareSource Management Group Board of Directors will conduct a national search for her successor. Morris will be active in the search process and will also assist with the transition.