Events

Thoughts on Fidelis Care

Dear Diocesan Family, 

Please allow me to update you on something you may have seen in the news today, and about which you may have questions.

For the past 20 years, Fidelis Care has been a managed care insurance program dedicated to serving previously uninsured and underserved men, women and children in New York State. Founded in 1993, Fidelis Care, governed by a board, together with the bishops of each diocese in the State of New York serving as members, expanded throughout New York State in 1997. It is now the largest managed care provider in the State.

In recent years, Fidelis Care has recognized that the health insurance industry is rapidly changing and increasingly complex in this uncertain regulatory environment. Therefore, it was announced today that Centene, a national leader in providing managed care, is acquiring Fidelis Care. Centene is the largest operator of state-sponsored healthcare in the country, and is well-positioned to continue the successful management and operation of Fidelis Care in providing quality care to poor and low income New Yorkers. The company currently serves more than 12 million people in 28 states. Centene's scale, expertise, and resources - including its advanced data, analytics, and state-of-the-art technology - will help Fidelis Care improve members' health, enhance the overall member and provider experience, support affordability and access to care, and expand Fidelis' grassroots, community-based approach, while continuing to serve all those covered by Fidelis.

Not only will this transaction enable those served by Fidelis to continue to receive high-quality healthcare, but the proceeds will be used to establish a new foundation that will continue Fidelis' founding mission of providing for the health and healthcare related needs of those most in need throughout New York State. This new foundation could become one of the largest charitable foundations in New York, and it will serve vulnerable and at-risk populations regardless of their faith.  Fidelis has retained Arabella Advisors, experts in establishing and structuring foundations, to guide this process.

Of course, there are many steps still to come before this transaction is finalized, including review by state regulators. However, I wanted to let you know of this development today, and to assure you that, even as health care continues to evolve to meet ever-changing times, the commitment of the bishops who serve on Fidelis' board to serving people in need, in imitation of Jesus, the Divine Physician, remains as strong as ever.

Be assured of my ongoing prayers for you and your intentions. I know that you join me in praying for our brothers and sisters who have been impacted by Hurricanes Harvey and Irma as well as the earthquake in Mexico.

Yours sincerely in Christ,
Most Reverend Richard J. Malone
Bishop of Buffalo

 

Categories: Bishop Malone