DentalPlans.com, an online provider of discount dental plans for individuals across America, has elected Joan E. Herman to its board of directors. The business is backed by Riverside.
PRESS RELEASE
DentalPlans.com, the largest online provider of Discount Dental Plans for individuals and families across America, announced today it has elected Joan E. Herman to its Board of Directors.
Herman brings a wealth of executive leadership and health benefits knowledge to DentalPlans.com’s Board of Directors. With more than 30 years of insurance and health care management experience, Herman will help DentalPlans.com diversify its products and services, while identifying new market segments to introduce Discount Dental Plans to more than 100 million Americans without dental insurance.
Herman spent a decade with WellPoint Inc., an organization that Fortune Magazine called the “most respected healthcare company” for six consecutive years, serving as the president and CEO of its Consumer Business Unit, as well as the president and CEO for Specialty, Senior and State Sponsored Business.
“There is a great deal of opportunity for DentalPlans.com to grow its services, and educate more Americans across demographics about how Discount Dental Plans can help save money on dental care,” said Herman.
While at WellPoint, Herman launched a new Medicare drug benefit that helped the organization build a strong partnership with Medicare, while bringing in $1.3 billion in revenue. She also established the company’s specialty pharmacy service, which grew to $573 million in just two years.
Prior to joining WellPoint, Herman served in several senior management positions with Phoenix Life Insurance Company in Hartford, Conn. A graduate of Yale University, she also serves on the Board of Directors for Convergys, and Qualicorp SA, and is co-chair of the Jewish Venture Philanthropy Fund.
“A Board Member like Joan, with extensive leadership experience in the benefits industry, will help us identify new opportunities to help Americans access affordable dental care,” said Jennifer Stoll, President of DentalPlans.com.
DentalPlans.com represents more than 30 of the largest Discount Dental Plan networks across the country, including Aetna, Cigna, Careington, Solstice and more. Consumers shop for and compare plans at DentalPlans.com by ZIP code, the name of a dentist, or dental care procedures. The plans act like a Member discount program, where people can save 10% to 60% on most dental care procedures at more than 100,000 dentists nationwide.
In 2012, DentalPlans.com was acquired by The Riverside Company, a global private equity firm with more than $3 billion in assets and 20 offices in 14 countries worldwide.
“Adding Joan’s deep healthcare experience and strong leadership to the board will add tremendous value as we continue to grow DentalPlans.com,” said Riverside Partner Kristin Newhall. “We are very excited to have attracted an executive with such a long track record of success.”
About DentalPlans.com
Founded in 1999, DentalPlans.com offers more than 30 of the leading Discount Dental Plans available at more than 100,000 dentist listings nationwide. With Discount Dental Plans, individuals, families, businesses and groups have easy access to savings at the dentist, with or without dental insurance. Visit DentalPlans.com and enter your ZIP code to find a plan and participating dentists available in your area, and save 10% to 60% on most dental care procedures.