BCBS of Minnesota names former Aetna exec COO

Eagan-based Blue Cross and Blue Shield of Minnesota selected Cain Hayes as executive vice president, COO and president of health business.

Here are four things to know about Mr. Hayes.

1. Under his new role, Mr. Hayes will oversee and manage all BCBSM-branded service lines, including commercial, government and the division of medical management, pharmaceuticals, provider network contracting and health and wellness initiatives.

2. He joined BCBSM from Hartford, Conn.-based Aetna, where he served as president of the payer's national accounts business. During Mr. Hayes' tenure at Aetna, he also served as president of the insurer's mid-America region and president of its government-sector and labor division.

3. Mr. Hayes also held executive positions at Nationwide and Principal Financial Group.   

4. He earned a bachelor's degree in business administration from Des Moines, Iowa-based Drake University and a master's in business administration from St. Louis-based Webster University. 

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