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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934
DATE OF REPORT (DATE OF EARLIEST EVENT REPORTED): MARCH 15, 2000
OXFORD HEALTH PLANS, INC.
(Exact name of registrant as specified in its charter)
Delaware 0-19442 06-1118515
(State or other jurisdiction) (Commission (IRS Employer
of incorporation) File Number) Identification No.)
48 Monroe Turnpike, Trumbull, Connecticut 06611
(Address of principal executive offices) (Zip Code)
(203) 459-7000
(Registrant's telephone number, including area code)
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ITEM 5. OTHER EVENTS.
The Company's Press Release dated March 15, 2000 is attached as an
Exhibit hereto and incorporated herein by reference.
ITEM 7. Financial Statements and Exhibits
(c) Exhibits
99 Press Release dated March 15, 2000.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the
Registrant has duly caused this report to be signed on its behalf by the
undersigned, thereunto duly authorized.
OXFORD HEALTH PLANS, INC.
Date: March 20, 2000 By: /s/ KURT B. THOMPSON
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Kurt B. Thompson
Chief Financial Officer
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OXFORD HEALTH PLANS, INC. AND SUBSIDIARIES
EXHIBIT INDEX
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Exhibit Page
Number Description of Document Number
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99 Press Release dated March 15, 2000 4
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EXHIBIT 99
MEDIA CONTACT: MARIA GORDON SHYDLO
(203) 459-7674
INVESTOR CONTACT: DEBORAH ABRAHAM
(203) 459-6674
FOR IMMEDIATE RELEASE
OXFORD HEALTH PLANS APPOINTS
NEW CHIEF FINANCIAL OFFICER
TRUMBULL, CONN. (March 15, 2000) - Oxford Health Plans, Inc. (NASDAQ: OXHP),
today appointed Kurt B. Thompson, age 39, as executive vice president and chief
financial officer, effective March 16. He was formerly vice president of finance
since joining the company in August 1998. Yon Y. Jorden, Oxford's former CFO, is
leaving to pursue other business opportunities.
As CFO, Thompson will report directly to Norman C. Payson, M.D., chairman and
chief executive officer, and is responsible for all aspects of Oxford's
financial operations, including investor relations, actuarial and underwriting,
treasury, financial planning, tax, accounting and risk management.
"Oxford is entering a new stage of leadership in the tri-state metropolitan
area, "Dr. Payson said. "Kurt has played a very important role in Oxford's
resurgence. And with more than 15 years experience in finance and his
outstanding performance at Oxford, Kurt now can play an increasingly more
significant role in the financial growth of this company."
Prior to joining Oxford, Thompson was a financial executive with Kmart
Corporation in Troy, Mich., for three years. Additionally, he has held various
financial positions at F&M Distributors, Inc., a drug store chain, and Arthur
Andersen & Co.
Addressing the departure of Jorden, Dr. Payson said, "Yon contributed
importantly to Oxford's recovery and we wish her every success in her in next
venture."
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Founded in 1984, Oxford Health Plans (www.oxhp.com) provides health plans to
employers in New York, New Jersey and Connecticut, through its direct sales
force and through independent insurance agents and brokers. Oxford's services
include traditional health maintenance organizations, point-of-service plans,
third-party administration of employer-funded benefit plans and Medicare+Choice
plans.
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