Mr. Seibold has over 40 years’ experience in the health care industry. After a stint as lead nursing home reimbursement analyst for the State of Illinois Medicaid program, in 1988 he joined the Blue Cross and Blue Shield Association’s consulting unit. Mr. Seibold moved to the Health Care Service Corporation in 1988 as Vice President of Marketing support, where he led multiple product development efforts. He was named Chief Marketing Officer in 1991 which included National and Major Accounts, small group, brokerage and individual market operations. He added the health care services division to his portfolio in 1993. He led the conversion of all the Plan’s “discount off charges” methodology to fixed payment schedules for all contracted services and led multiple small network development projects. He was named President and Chief Operating Officer in 1998. Under his leadership, BCBS of Illinois doubled in size and had consistently solid margins consistent with HCSC’s non-profit mission.
He left HCSC after its merger with BCBS of Texas and returned to consulting. In addition to consulting, he has had interim leader roles at Premera Blue Cross of Washington and Alaska, BCBS of Nebraska, and Excellus BCBS.
Mr. Seibold has focused his practice over the past decade in helping health plans and health systems find ways to better negotiate sustainable financial arrangements that their communities can afford.