Ricardo Rivera Cardona, former executive director of the Health Insurance Administration (ASES) and Life Insurance Cooperative (COSV), will take over the reins of Medicare y Mucho Mas (MMM) and MMM Multihealth after last month, with its current president Orlando González in the eastern United States. Will also be in charge of Anthem Inc.’s operations.
Rivera Cardona will be in charge of the day-to-day operations of both health maintenance organizations (HMOs) and will report to Gonzalez.
Anthem bought MMM’s operations in Puerto Rico last year, and last March, its shareholders changed the health organization’s corporate identity to Elevance Inc. authorized to convert.
“We at Ricardo have found the ideal person to continue the successful trajectory of MMM Medicare plans into the future and to continue to innovate in health for older adults and provide the best care to beneficiaries in the Medicare Advantage segment of our critical plan.” , Gonzalez hinted in a written statement announcing the appointment of Rivera Cardona.
After directing an industrial development company, Rivera Cardona developed a career in the health sector, which included directing ASES and Cosvi.
Prior to his appointment at MMM, Rivera Cardona worked for Refulgent Strategies, a consulting company for health organizations in New York whose client portfolio represented more than $12.5 billion in premiums.
Rivera Cardona holds a bachelor’s degree in engineering and a master’s degree in engineering management from Cornell University and another master’s degree in healthcare administration from Columbia University. He is a member of the Aspen Institute Health Innovator Fellowship and the Aspen Global Leadership Network. He was recently nominated to the NY State Health Insurance Administrative Simplification Workgroup in 2020 by former NY Governor Chris Cuomo and to the NY State Medicaid Managed Care Advisory Review Panel in 2021 by Governor Cathy Hochul.