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Randolph W. Pate
Health and Human Services (joined: Jan. 23, 2017)
Special Assistant | Associate Deputy Secretary For Health Reform | Deputy Administrator and Director, CCIIO | $161,900 | Financial Disclosure »
Bio, via Department of Health and Human Services:
Randy Pate is a CMS Deputy Administrator and the Director of the Center for Consumer Information and Insurance Oversight. In his role, Randy leads CMS’ work on the individual and small group markets, including the Health Insurance Exchanges. Prior to joining CMS, Randy was Vice President of Public Policy at Health Care Service Corporation. Randy spent nearly a decade working on Capitol Hill, at public policy think tanks, and in the executive branch, including a stint at the U.S. Department of Health and Human Services during the George W. Bush Administration. Randy holds bachelor and law degrees from The University of Alabama and received his Master’s in Public Health from The Johns Hopkins University Bloomberg School of Public Health.
Former Positions Outside Government
- Health Care Service Corp. Vice President Public Policy
Former Compensation Sources
- Health Care Service Corp Vice President, Public Policy
Employment Assets
| Description | Value | Income |
|---|---|---|
| Health Care Service Corp (Insurance, including health insurance) | $368,378 | |
| Health Care Service Corp (Insurance, including health insurance), anticipated bonus | $100,001 - $250,000 | |
| Health Care Service Corp, deferred compensation: cash receivable | $15,001 - $50,000 | |
| Stable Value Rate | $1,001 - $15,000 | None (or less than $201) |
| Core Bond Enhanced Index/PIM | $1,001 - $15,000 | None (or less than $201) |
| Large Cap Value/LSV Asset Mgmt | $1,001 - $15,000 | None (or less than $201) |
| Prudential 401(k) (HCSC defined contribution plan) | ||
| Health Care Service Corporation Stable Value Fund | $1,001 - $15,000 | None (or less than $201) |
| Core Bond Enhanced Index/PGIM Fund | $1,001 - $15,000 | None (or less than $201) |
| Large Cap Value/LSV Asset Management | $15,001 - $50,000 | None (or less than $201) |
| Large Cap Growth/Jennison Fund | $15,001 - $50,000 | None (or less than $201) |
| Small Cap Value/Ceredex Fund | $15,001 - $50,000 | None (or less than $201) |
| Small Cap Growth/TimesSquare Fund | $15,001 - $50,000 | None (or less than $201) |
| Dodge & Cox International Stock | $50,001 - $100,000 | None (or less than $201) |
| HCSC, cash balance pension plan | $50,001 - $100,000 | None (or less than $201) |
| Merrill Lynch IRA | ||
| Bank of America, NA RASP | $1,001 - $15,000 | None (or less than $201) |
| Bed Bath & Beyond Inc Bond | $1,001 - $15,000 | $201 - $1,000 |
| CBS Corp Bond | $1,001 - $15,000 | $201 - $1,000 |
| Jefferies Group Inc Bond | $1,001 - $15,000 | $201 - $1,000 |
| JP Morgan Chase & Co Bond | $1,001 - $15,000 | $201 - $1,000 |
| Morgan Stanley Bond | $1,001 - $15,000 | $201 - $1,000 |
| Lincoln National Corp. Bond | $1,001 - $15,000 | $201 - $1,000 |
| Viacom Inc. Bond | $1,001 - $15,000 | $201 - $1,000 |
| Kohl's Corp. Bond | $1,001 - $15,000 | $201 - $1,000 |
| Merrill Roth IRA | ||
| Bank of America, NA RASP | None (or less than $1,001) | None (or less than $201) |
| General Electric Co | $1,001 - $15,000 | $201 - $1,000 |
| Vanguard 500 | $1,001 - $15,000 | None (or less than $201) |
Other Income/Assets
| Description | Value | Income |
|---|---|---|
| US bank cash account | $15,001 - $50,000 | None (or less than $201) |
| Wells Fargo MMA | $1,001 - $15,000 | None (or less than $201) |
| Merrill CMA | None (or less than $201) | |
| Apple Inc. - Common Stock | $1,001 - $15,000 | None (or less than $201) |
| Automatic Data Processing, Inc. - Common Stock | $1,001 - $15,000 | None (or less than $201) |
| Dover Corp | $1,001 - $15,000 | None (or less than $201) |
| Merill Lynch Bank | $50,001 - $100,000 | None (or less than $201) |
| Dow Chemical Call Option (This option expired January 20, 2017. In accordance with my ethics agreement, I did not participate in any particular matter affecting this interest while holding the interest.) | None (or less than $1,001) | None (or less than $201) |
| Apple Inc. Call Option (This option was exercised January 25, 2017. In accordance with my ethics agreement, I did not participate in any particular matter affecting this interest while holding the interest.) | None (or less than $1,001) | None (or less than $201) |
| Automatic Data Processing Call Option (I exercised this option on February 21, 2017. In accordance with my ethics agreement, I did not participate in any particular matter affecting this interest while holding the interest.) | None (or less than $1,001) | None (or less than $201) |
| Coca-Cola Co Call Option (This option expired January 20, 2017. In accordance with my ethics agreement, I did not participate in any particular matter affecting this interest while holding the interest.) | None (or less than $1,001) | None (or less than $201) |
| Pfizer Inc Call Option (This option expired January 20, 2017. In accordance with my ethics agreement, I did not participate in any particular matter affecting this interest while holding the interest.) | None (or less than $1,001) | None (or less than $201) |
| Proctor & Gamble Call Option (This option expired January 20, 2017. In accordance with my ethics agreement, I did not participate in any particular matter affecting this interest while holding the interest.) | None (or less than $1,001) | None (or less than $201) |
| QCOM Call Option (This option expired January 20, 2017. In accordance with my ethics agreement, I did not participate in any particular matter affecting this interest while holding the interest.) | None (or less than $1,001) | None (or less than $201) |
| Target Corp Call Option (This option expired on January 20, 2017. In accordance with my ethics agreement, I did not participate in any particular matter affecting this interest while holding the interest.) | None (or less than $1,001) | None (or less than $201) |
| Wells Fargo Call Option | None (or less than $1,001) | None (or less than $201) |
| Exxon Mobile Call Option (This option expired on January 20, 2017. In accordance with my ethics agreement, I did not participate in any particular matter affecting this interest while holding the interest.) | None (or less than $1,001) | None (or less than $201) |
| Pruco Vul Insurance, variable life | ||
| Fidelity VIP Index 500 | $1,001 - $15,000 | None (or less than $201) |
| PSF Diversified Bond | $1,001 - $15,000 | None (or less than $201) |
| Coca-Cola Bottling Co. Consolidated - Common Stock | $1,001 - $15,000 | None (or less than $201) |
| Dow Chemical Co | $1,001 - $15,000 | None (or less than $201) |
| Exxon Mobil Corp | $1,001 - $15,000 | None (or less than $201) |
| Proctor & Gamble Co | $1,001 - $15,000 | None (or less than $201) |
| QUALCOMM Inc | $1,001 - $15,000 | None (or less than $201) |
| Southern Company | $15,001 - $50,000 | $201 - $1,000 |
| Target Corp. | $1,001 - $15,000 | None (or less than $201) |
| Verizon Communications Inc | $1,001 - $15,000 | None (or less than $201) |
| Wells Fargo & Co New Del | $1,001 - $15,000 | None (or less than $201) |
| TD Ameritrade | None (or less than $1,001) | None (or less than $201) |
| Peabody Energy Corp | None (or less than $1,001) | None (or less than $201) |
| Health savings account | $1,001 - $15,000 | $201 - $1,000 |
Employment Agreements and Arrangements
| Employer or Party | City, State | Status and Terms | Date |
|---|---|---|---|
| Health Care Service Corp. (Payment of $195,814 made March 2017.) | Chicago, Illinois | Annual year-end performance bonus, paid according to standard company policy, expected to be paid in early 2017. | May 16, 2011 |
| Health Care Service Corp. (Lump sum election made for $31,861.) | Chicago, Illinois | The deferred compensation plan allows participants to defer pre-tax compensation (including salary and bonus) and utilize tax-advantaged investment options. Deferred compensation will be paid in lump sum after separation from the company. | Jan. 16, 2014 |
| Health Care Service Corp. | Chicago, Illinois | I no longer make contributions to this defined contribution plan, managed by Prudential. HCSC will make a single contribution at the time of a final bonus payment, made pursuant to terms of a written contract/policy given on equal terms to other employees. HCSC will otherwise make no other contributions to this plan. | May 16, 2011 |
| Health Care Service Corp. (Subsequent to submission of this document, election was made for lump sum payment.) | Chicago, Illinois | Under the terms of the cash balance pension plan, I may elect one of several annuity options: life annuity; 10 years certain plus life annuity; or lump sum payment. | May 16, 2011 |
Liabilities
| Creditor Name | Creditor Type | Amount | Rate | Year Incurred |
|---|---|---|---|---|
| MOHELA | Student Loan | $15,001 - $50,000 | 2.875% | 2005 |
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