HealthPlan Holdings Appoints New Executives to American Benefit Plan Administrators

TAMPA, Fla. – Feb. 15, 2011 – HealthPlan Holdings (HPH) announced today two executive appointments to its union trust business, American Benefit Plan Administrators, Inc. (ABPA), one of the nation’s largest and most technologically advanced third-party administrators. Joining ABPA are Richard Leopold as chief information officer (CIO) and Richard Campagna as chief operating officer (COO).

In his role as CIO, Leopold is responsible for all phases of the organization’s IT department, including systems design, programming, installation and operation. As COO, Campagna is responsible for corporate tactical direction and business administration for multiple regional administrative offices with nearly 500 employees.

“With more than 60 years of combined experience in healthcare and IT, Ric and Rich bring to the ABPA team the expertise necessary to carry our technology and business administration into the next decade,” said Tony Pino, president, ABPA. “We look forward to the many contributions they will make in the coming years that will further strengthen ABPA’s products, services and market share.”

Prior to joining ABPA, Leopold was executive director of e-business at USAA in San Antonio, Texas, and an executive advisor in enterprise architecture at WellPoint. Previous positions include executive director of e-business at Kaiser Permanente and head of the IT project management office for Caremark.

Leopold attended the US Air Force Academy, where he majored in electrical engineering before earning degrees in computer science and math from the University of Illinois. He also holds a master’s degree in computer science from DePaul University.

Most recently, Campagna was vice president of operations at WellCare Health Plans in Tampa, where he also served as vice president of enterprise claims and vice president of configurations. Previous positions include senior vice president of operations at Definity Health and senior vice president of operations at Group Health Incorporated.

Campagna received his Bachelor of Liberal Arts from the State University of New York at Oneonta.

About American Benefit Plan Administrators

American Benefit Plan Administrators, Inc. is a wholly owned subsidiary of HealthPlan Holdings, Inc., an affiliate of Water Street Healthcare Partners. ABPA is one of the nation’s largest third-party administrators operating in the multi-employer sector. Founded in 1951, ABPA has more than 50 years of experience in administering benefits for Taft-Hartley Funds, large employers and state and local governments. ABPA offers the specialized skills, knowledge and technological expertise necessary to meet the expanding requirement of plan sponsors, employers, participants and government regulators. For more information about ABPA, please visit www.abpa.com.

About HealthPlan Holdings, Inc.

Founded in 2001, the origins of HealthPlan Holdings, Inc. date back to 1970. Today, it provides end-to-end sales, administration and technology solutions to the health care, ancillary and voluntary insurance markets. The company supports more than 25 insurance carriers that utilize its technology and service solutions to help grow and retain their members, and reduce their membership administrative costs in the individual and small business markets. The company currently supports more than 2 million members and thousands of small businesses, as well as some of the nation’s largest Taft-Hartley funds for unionized workers. Headquartered in Tampa, Fla., HealthPlan employs approximately 1,200 associates. For more information, visit www.healthplanholdings.com.

About Water Street

Water Street Healthcare Partners is a strategic private equity firm focused exclusively on healthcare. The firm has a strong record of building market-leading companies across key growth sectors in healthcare. It has partnered with some of the world’s leading healthcare companies on its investments including: Johnson & Johnson, Medtronic and Smith & Nephew. Water Street’s team is comprised of industry executives and private equity professionals with decades of experience investing in and operating global healthcare businesses. The firm is headquartered in Chicago. For more information about Water Street, visit www.wshp.com.