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CareSource Announces New Executive Appointment

Molly Beyer Named Vice President of Operations

DAYTON, Ohio, Dec. 6, 2016 (GLOBE NEWSWIRE) -- CareSource, a nationally recognized nonprofit health plan, announces a new vice president. Molly Beyer has been named Vice President, Operations. In her role, Beyer will direct and manage the company's claims and configuration functions.

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The new executive joins CareSource as the health plan continues to expand its health insurance products to new states while adding more coverage options for consumers.

Beyer brings a wealth of experience to overseeing claims administration and configuration for CareSource. She has more than 20 years' experience in commercial insurance, Medicare Advantage and Medicaid plans. Beyer has held multiple leadership roles in operations and information technology functions. Most recently, Beyer was responsible for all claim processing activities for Blue Care Network of Michigan. Beyer has a Bachelor of Science degree in Business Management from the University of Phoenix.

"As CareSource continues strategically readying for more growth in our market areas and product lines, we are thrilled to have Molly Beyer join the company as Vice President of Operations," said Tarlton Thomas Executive Vice President of Operations and Chief Financial Officer for CareSource.

CareSource has expanded to serve 1.5 million members in Ohio, Indiana, Kentucky and West Virginia. The health plan's unprecedented growth can be attributed to Medicaid expansion and new opportunities to serve Medicaid consumers in more markets. CareSource is currently in the midst of open enrollment periods for both its Health Insurance Marketplace and Medicare Advantage health plans.

About CareSource
CareSource is a nonprofit health plan nationally recognized for leading the managed care industry in providing member-centric health care coverage. Founded in 1989, CareSource is one of the nation's largest Medicaid managed care plans. Today, CareSource offers a lifetime of health coverage to more than 1.5 million members across four states including offerings on the Health Insurance Marketplace and Medicare Advantage plans.

Headquartered in Dayton, Ohio, CareSource has a workforce of 3,100 employees.. CareSource is living its mission to make a lasting difference in its members' lives by improving their health and well-being. CareSource understands the challenges consumers face navigating the health system and works to put health care in reach for those it serves.

For more, visit caresource.com, follow @caresource on Twitter, or like CareSource on Facebook.

A photo accompanying this release is available at: http://www.globenewswire.com/newsroom/prs/?pkgid=41965

CONTACT: Fran Robinson
         Media Relations Manager
         Francine.Robinson@caresource.com
         937-531-2374

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