Proposed Acquisition Of Quartz Health Plan Corporation by Advocate Aurora Health, Inc., and Aurora Health Care, Inc.

​​​​Last Updated: October 19, 2020

​Information on the Acquisition of Control of Quartz Health Plan Corporation by Advocate Aurora Health, Inc., and Aurora Health Care, Inc.  

On May 1, 2020, Advocate Aurora Health, Inc. (AAH) and its subsidiary Aurora Health Care, Inc. (AHC) (together the Applicants) filed a "Statement Regarding the Acquisition of Control or Merger with a Domestic Insurer" (the Form A), to acquire control of Quartz Health Plan Corporation (Quartz).  The Applicants intend to acquire control of Quartz as a result of AHC becoming a member of Quartz, pursuant to an Exchange Agreement.  Under the Exchange Agreement, the Applicants intend for AHC to make a contribution to Quartz in exchange for 15% of the Class A Membership Rights of Quartz.  According to the Form A, the Exchange Agreement contains certain material terms; including the contemplation of three phases of increasing investment by AHC.  This Form A, only addresses the first phase of investment and subsequent phases of investment will be subject to additional Form A filing requirements.

The Applicant filed the following documents with the OCI:

  • Biographical Affidavits were filed by Advocate Aurora Health, Inc., and Aurora Health Care, Inc., as follows:
    • Biographical Affidavit for David Boyd Anderson, Director [CONFIDENTIAL]

    • Biographical Affidavit for Joanne Beth Bauer, Director [CONFIDENTIAL]

    • Biographical Affidavit for Thomas Michael Bolger, Director [CONFIDENTIAL]

    • Biographical Affidavit for Lynn Crump-Caine, Director [CONFIDENTIAL]

    • Biographical Affidavit for John W. Daniels, Jr., Chairperson [CONFIDENTIAL]

    • Biographical Affidavit for Joanne Marilyn Disch, Director [CONFIDENTIAL]

    • Biographical Affidavit for James William Doheny, Senior Vice President and Corporate Controller [CONFIDENTIAL]

    • Biographical Affidavit for Marcia Elaine Facey Drame, Director [CONFIDENTIAL]

    • Biographical Affidavit for Robert Clarence Figueroa, Director [CONFIDENTIAL]

    • Biographical Affidavit for Nannette Marie Gardetto, Director [CONFIDENTIAL]

    • Biographical Affidavit for Michael Mullan Grebe, Director [CONFIDENTIAL]

    • Biographical Affidavit for Mark Mayo Harris, Director [CONFIDENTIAL]

    • Biographical Affidavit for Charles Anthony Harvey, Director [CONFIDENTIAL]

    • Biographical Affidavit for Steven Edward Huser, Assistant Treasurer and Senior Vice President for Treasury Services [CONFIDENTIAL]

    • Biographical Affidavit for Kenneth Richard Jakle, Director [CONFIDENTIAL]

    • Biographical Affidavit for Michael Kerns, Assistant Secretary [CONFIDENTIAL]

    • Biographical Affidavit for Janet Kreicj, Director [CONFIDENTIAL]

    • Biographical Affidavit for Michael Howard Lappin, Secretary [CONFIDENTIAL]

    • Biographical Affidavit for Leslie Kate Lenzo, Senior Vice President, Investments and Assistant Treasurer [CONFIDENTIAL]

    • Biographical Affidavit for Michael Lee Morgan, Director [CONFIDENTIAL]

    • Biographical Affidavit for Dominic James Nakis, Treasurer and Chief Financial Officer [CONFIDENTIAL]

    • Biographical Affidavit for John Frederick Timmer, Director [CONFIDENTIAL]

Hearing Documents

Decision Documents