Joan Barone Named Interim Executive Director
of PAISBOA Health Benefit Trust

When the PAISBOA Health Benefit Trust, with the support of its 130 member schools, made the bold leap into self-funded medical insurance, it was only the most recent iteration of an organization started nearly 40 years ago thanks to the vision of a small group of independent school business leaders. This self-funded structure has given us control of our medical insurance future and opened opportunities to serve our members in ways never before possible.

The HBT has gotten off to a stunningly good start, with significant reserves after year one and an unprecedented 0% (and for some, negative) renewal in 2017. 

With financial success and the availability of Aetna’s national physician network, however, comes the need to build a professional organization with the capacity to grow while still continuing to support its members at a high level.

With that in mind, a search committee has been formed to seek our next Executive Director, a person with broad knowledge of the health care landscape and the opportunities it presents, as well as strong leadership, organizational and management skills.  

Beginning July 1, Joan Barone has assumed the role of Interim Executive Director as this search progresses.  Formerly holding the position of Director of Finance and Operations at Waldron Mercy Academy, Joan is uniquely qualified for this interim role, having served both as a charter board member and Treasurer of the HBT since its formation over three years ago. During this time, Joan has developed strong working relationships with Armstrong, Doyle and Carroll, BusinessSolver, our bankers and legal counsel, and other vendors and consultants with whom the Trust works. And as an active member of PAISBOA during most of her 16 years at Waldron Mercy, she has formed professional relationships with many of the school business and human resource officers.  Joan holds an undergraduate degree from the University of Pennsylvania's Wharton School and an MBA in Finance from Drexel University.

This appointment provides immediate support to HBT Operations Manager Patrick Hennessy, the subcommittees of the Board, and our partners at Armstrong, Doyle and Carroll, to keep us moving forward toward our next renewal.

From its beginnings as the PAISIG Technical Committee, this organization has always relied on the “power of the flock”, and the HBT will continue to provide excellent health care options that are best-in-class and responsive to the needs of its members. The HBT Trustees are looking to the future with great anticipation and greatly appreciate the support of its membership!

Martha Scache, Chair
Tom Taft, Vice Chair
Carol Lerner, Secretary