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Health Insurance Plan Of Greater New York

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 131828429 ✦ New york, NY ✦ Designated as a 501(c)(4)

Overview

What is Health Insurance Plan Of Greater New York?

The Health Insurance Plan of Greater New York (HIPGNY) is a not-for-profit corporation headquartered in New York City, with a US address at 55 Water Street, Tax Dept 9th FL. HIPGNY's primary focus is arranging comprehensive medical and healthcare services for its approximately 273,000 subscribers and members, including Medicare and Medicaid members. Its mission encompasses fostering healthier futures for its customers and communities. By offering access to high-quality, affordable care, helping navigate the healthcare experience, and making good health achievable, HIPGNY employs a workforce of 2,422 individuals to serve and support its members.


Official website here: www.emblemhealth.com

Is Health Insurance Plan Of Greater New York legitimate?

Health Insurance Plan Of Greater New York is a legitimate nonprofit organization registered as a 501(c)(4) entity. Health Insurance Plan Of Greater New York submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are not tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $27,139,633
Professional Fundraising Fees: $0
Other Salaries and Wages: $124,756,068

For more financial information, click here


Official website here: www.emblemhealth.com

What is the mission statement of Health Insurance Plan Of Greater New York?

Health Insurance Plan of Greater New York (HIPGNY) is dedicated to creating healthier futures for its customers and communities. By working alongside its members, HIPGNY strives to offer access to high-quality, affordable healthcare services. The organization goes beyond just providing healthcare coverage, it also helps customers navigate the healthcare experience to make good health achievable. In 2022, HIPGNY served approximately 273,000 members across all service lines. As a not-for-profit corporation, HIPGNY arranges for the provision of comprehensive medical and healthcare services for its subscribers, including those on Medicare and Medicaid.


Official website here: www.emblemhealth.com

Who is the CEO of Health Insurance Plan Of Greater New York?

Karen Ignagni is the Chief Executive Officer of Health Insurance Plan Of Greater New York. The CEO's salary of Health Insurance Plan Of Greater New York is $5,045,764 and their total compensation is $5,114,256.


Official website here: www.emblemhealth.com

What is the revenue of Health Insurance Plan Of Greater New York?

Health Insurance Plan Of Greater New York's revenue in 2022 was $5,756,466,800.


Official website here: www.emblemhealth.com

Who are the executives of Health Insurance Plan Of Greater New York and what are their salaries?

The average compensation at Health Insurance Plan Of Greater New York during 2022 was $62,715. There are 2,422 employees at Health Insurance Plan Of Greater New York.

Here are 33 key members and their salaries (Health Insurance Plan Of Greater New York's CEO's salary is $5,045,764 and their total compensation is $5,114,256):

    Karen Ignagni (Chief Executive Officer) [Trustee/Director]
  • Compensation: $5,045,764
  • Related: $0
  • Other: $68,492

    • Michael Palmateer (President)
  • Compensation: $2,875,045
  • Related: $0
  • Other: $458,092

    • Donna Hughes (Chief People Officer (Thru 04/2022))
  • Compensation: $2,293,106
  • Related: $0
  • Other: $46,460

    • Heather Tamborino (Chief Financial Officer)
  • Compensation: $2,046,857
  • Related: $0
  • Other: $57,902

    • Beth Leonard (Svp, Chief Corp. Affairs Officer)
  • Compensation: $1,596,166
  • Related: $0
  • Other: $51,030

    • Eric J Wallace Thru 072022 (Svp, Provider Netwk & Pop. Health)
  • Compensation: $1,424,920
  • Related: $0
  • Other: $39,117

    • Jeffrey Chansler (Chief Legal Officer)
  • Compensation: $1,402,164
  • Related: $0
  • Other: $57,812

    • Navarra Rodriguez (Svp, President/Cmo Acpny)
  • Compensation: $1,323,917
  • Related: $0
  • Other: $53,867

    • Richard H Dal Col (Chief Medical Officer)
  • Compensation: $1,290,608
  • Related: $0
  • Other: $52,273

    • George Babitsch (Svp, Account Mangement)
  • Compensation: $1,062,392
  • Related: $0
  • Other: $57,309

    • Thomas Macmillan (Chief Information Officer)
  • Compensation: $1,068,456
  • Related: $0
  • Other: $42,052

    • Karen Moran Thru 112022 (Svp, Comm. Bus. & Pres., Connect.)
  • Compensation: $1,037,254
  • Related: $0
  • Other: $49,882

    • Debra Lightner (Chief Compliance Officer)
  • Compensation: $1,018,576
  • Related: $0
  • Other: $43,408

    • Jennifer Truscott (Chief Of Operations (Thru 06/2022))
  • Compensation: $833,112
  • Related: $0
  • Other: $47,021

    • Roberto Hormazabal (Vp, Sales & Account Management)
  • Compensation: $734,270
  • Related: $0
  • Other: $55,338

    • William Voigt (Chief Human Resources Officer)
  • Compensation: $665,873
  • Related: $0
  • Other: $49,142

    • Margaret Finn Thru 012022 (Vp, Pharmacy Solutions)
  • Compensation: $675,643
  • Related: $0
  • Other: $4,162

    • Alexander Clague (Svp, Government Programs)
  • Compensation: $569,735
  • Related: $0
  • Other: $56,064

    • Priyank Pandey (Vp, Ops Strategy & Service Delivery)
  • Compensation: $548,356
  • Related: $0
  • Other: $39,045

    • Jennifer Martino (Svp, Claims, G&A And Ops Compliance)
  • Compensation: $576,529
  • Related: $0
  • Other: $4,252

    • Carlos Manalansan (Vp, Deputy General Counsel)
  • Compensation: $520,253
  • Related: $0
  • Other: $46,632

    • Jill Stein (Vp, Deputy General Counsel)
  • Compensation: $515,323
  • Related: $0
  • Other: $51,562

    • Matthew Mize (Chief Actuary (As Of 04/2022))
  • Compensation: $284,419
  • Related: $0
  • Other: $6,597

    • Bernard Schayes Md (Director)
  • Compensation: $142,391
  • Related: $0
  • Other: $18,989

    • John Feerick (Chairman) [Trustee/Director]
  • Compensation: $161,125
  • Related: $0
  • Other: $0

    • Paul E Gibson (Former Director)
  • Compensation: $149,625
  • Related: $0
  • Other: $0

    • Richard Berman (Director)
  • Compensation: $128,000
  • Related: $0
  • Other: $4,877

    • Wayne Cafran (Director (As Of 01/2022))
  • Compensation: $131,500
  • Related: $0
  • Other: $0

    • Dr Stuart Altman (Former Director)
  • Compensation: $120,000
  • Related: $0
  • Other: $0

    • John H Banks Iii (Director)
  • Compensation: $118,375
  • Related: $0
  • Other: $178

    • Charles P Wang (Former Director)
  • Compensation: $60,000
  • Related: $0
  • Other: $5,447

    • Michael Costa As Of 122022 (Svp, Provider Netwk & Pop. Health)
  • Compensation: $43,349
  • Related: $0
  • Other: $479

    • Gregory Floyd (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.emblemhealth.com

    Where can I find the form 990 for Health Insurance Plan Of Greater New York?

    The Health Insurance Plan Of Greater New York’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.emblemhealth.com

    Learn more at the official website: www.emblemhealth.com

    Mission Statement of Health Insurance Plan Of Greater New York

    Health Insurance Plan of Greater New York, or HIPGNY, is a mission-driven organization dedicated to creating healthier futures for its customers and communities. With a not-for-profit ethos, HIPGNY works in partnership with its clients to ensure they have access to top-quality, budget-friendly healthcare services. This includes comprehensive medical and health care offerings for members, even those with Medicare and Medicaid.

    In 2022, HIPGNY served around 273,000 members across various service lines, underscoring its commitment to making good health a realizable goal for a substantial number of people. HIPGNY's work extends beyond just providing healthcare services; it also helps customers navigate their healthcare journey and make the most of their benefits. As a nonprofit corporation, HIPGNY's exempt function lies in arranging for the provision of these essential services to its subscribers.

    Impact

    This information is meant to be a general summary of Health Insurance Plan Of Greater New York. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    Health Insurance Plan Of Greater New York, working under the mission to create healthier futures for its customers and communities, has a significant impact on the healthcare landscape in New York. By arranging comprehensive medical and health care services for its subscribers and members, including those on Medicare and Medicaid, Health Insurance Plan Of Greater New York plays a crucial role in ensuring access to high-quality and affordable care. In 2022 alone, the organization provided services to approximately 273,000 members across all service lines.

    Through its exempt function as a not-for-profit corporation, Health Insurance Plan Of Greater New York contributes to improving the health and well-being of individuals and communities. Its efforts to help customers navigate the complexities of the healthcare experience and promote good health are commendable and make a tangible difference in the lives of those they serve.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $46,663,211
  • Program Service Revenue: $5,690,531,383
  • Gross Receipts: $5,776,230,088

    • Assets and Liabilities:
  • Total Assets: $2,512,009,673
  • Total Liabilities: $1,978,194,897
  • Net Assets: $533,814,776
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    GOVERNMENT-SUBSIDIZED PREMIUMS

    Revenue

    $5,397,713,256

    SUBSCRIBER PREMIUM REVENUE

    Revenue

    $290,627,129

    THIRD PARTY ADMINISTRATIVE FEES

    Revenue

    $2,190,998

    Organization Details

    Founding Year

    1944

    Principal Officer

    Karen Ignagni

    Main Address

    55 WATER STREET TAX DEPT 9TH FL, NEW YORK, NY, 10041

    NTEE Category

    Code: E83 - Health

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