CEO, Magellan Health
Kenneth J. Fasola is the chief executive officer of Magellan Health, a leader in managing the fastest growing, most complex areas of health, including special populations, complete pharmacy benefits and other specialty areas of healthcare. Mr. Fasola joined the Company as CEO in November 2019. He is responsible for Magellan’s strategic direction and overall growth, as well as the development and operational execution of the Company’s business strategy.
Mr. Fasola has a successful leadership career spanning three decades in the healthcare industry. Most recently, he served as president and chief executive officer of HealthMarkets, Inc., one of the largest health insurance agencies in the U.S., which was acquired earlier this year by UnitedHealth Group. While at HealthMarkets, Mr. Fasola served on the Board of Directors for the Company and was a member of the Executive, Investment, Compliance and Governance Committees of the Board.
Prior to joining HealthMarkets, Mr. Fasola was responsible for overseeing Humana Inc.’s individual major medical, specialty and supplemental insurance operations. He spent 12 years at Humana earlier in his career, holding several executive and senior level management positions, including Chief Operating Officer, Market Operations; Senior Vice President, Office of the Chairman; and Senior Vice President of Sales, Marketing and Business Development. Between his positions with Humana, Mr. Fasola was with UnitedHealth Group, serving as Chief Executive Officer of Secure Horizons, the nation’s largest Medicare Advantage insurer; CEO of UnitedHealth Group’s Central Region; and President of United Healthcare Lines of Business.
Mr. Fasola began his insurance career in sales with Blue Cross of Central Ohio before moving to Community Mutual Blue Cross and Blue Shield in Ohio (now WellPoint) where he served in various sales management positions. Mr. Fasola holds a B.S. in Health Planning and Administration from the Pennsylvania State University. He is an Alumni Fellow and serves on the advisory board of Penn State’s Schreyer Honors College.