Colorado Public Education Health Plan

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

EIN: 760761485 ✦ Denver, CO ✦ Designated as a 501(c)(9)

Overview

What is Colorado Public Education Health Plan?

The Colorado Public Education Health Plan is a nonprofit organization based in Denver, Colorado, with a focus on providing a multi-employer/employee health benefit program. They offer administrative, underwriting, provider network, reinsurance, and shared financial risk services to their member employers, all bundled as "The Best Health Plan." The mission of this organization is to make these essential health benefits accessible to various employers in Colorado, ensuring comprehensive coverage for their employees.


Official website here: www.thebest-healthplan.com

Is Colorado Public Education Health Plan legitimate?

Colorado Public Education Health Plan is a legitimate nonprofit organization registered as a 501(c)(9) entity. Colorado Public Education Health Plan 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $135,800

For more financial information, click here


Official website here: www.thebest-healthplan.com

What is the mission statement of Colorado Public Education Health Plan?

The Colorado Public Education Health Plan functions as a multi-employer health benefit program, dedicated to offering administrative, underwriting, provider network, reinsurance, shared financial risk, and other related services to its member employers. This organization, known as "The Best Health Plan," aims to deliver a comprehensive range of benefits to enhance the wellbeing of the employees under its purview. By pooling resources and risks among various employers, it strives to provide a more robust and cost-effective healthcare solution. The overarching goal is to ensure that member employers have access to a well-supported and efficient health benefits program.


Official website here: www.thebest-healthplan.com

Who is the CEO of Colorado Public Education Health Plan?

Edwin Pittaway is the Director of Colorado Public Education Health Plan.


Official website here: www.thebest-healthplan.com

What is the revenue of Colorado Public Education Health Plan?

Colorado Public Education Health Plan's revenue in 2022 was $41,855,725.


Official website here: www.thebest-healthplan.com

Who are the executives of Colorado Public Education Health Plan and what are their salaries?

The average compensation at Colorado Public Education Health Plan during 2022 was $135,800. There are 1 employees and 14 volunteers at Colorado Public Education Health Plan.

Here are 14 key members and their salaries:

    Brian Christensen (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Hawn Ehnes (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Julie Ott (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Kathy Gebhardt (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • John Wittler (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Tina Freel (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Richard Martyr (President) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Joe Schott (Vice Preident) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Kevin Vick (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Cheri Wrench (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Brian Childress (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Bret Miles (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Melanie Bechwith (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Toni Miller (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.thebest-healthplan.com

    Where can I find the form 990 for Colorado Public Education Health Plan?

    The Colorado Public Education Health Plan’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.thebest-healthplan.com

    Learn more at the official website: www.thebest-healthplan.com

    Mission Statement of Colorado Public Education Health Plan

    The Colorado Public Education Health Plan, also known as "The Best Health Plan," is a multi-employer/employee health benefit program that offers a range of services to its member employers. This nonprofit organization is dedicated to providing comprehensive administrative, underwriting, provider network, reinsurance, and shared financial risk solutions to enhance the health benefits of its members.

    By pooling resources and expertise, Colorado Public Education Health Plan aims to deliver a robust and effective health benefits program to its member employers. Through its administrative capabilities, the organization manages various aspects of health plan operations, ensuring efficient and accurate processing of claims, enrollments, and other administrative tasks. Underwriting is another key function, as the organization assesses risks and designs customized health benefit plans tailored to the unique needs of each employer.

    Colorado Public Education Health Plan's extensive provider network provides access to a wide range of healthcare professionals and facilities. This enables members to receive top-quality care while minimizing out-of-pocket costs. In addition to reinsurance, which helps manage high-risk cases and mitigate financial burden, the organization also offers shared financial risk solutions. This collaboration enables employers to assume a portion of the risk and potentially reduce their premiums. By providing these essential services, Colorado Public Education Health Plan empowers its member employers to offer competitive and high-value health benefits to their employees.

    Impact

    This information is meant to be a general summary of Colorado Public Education Health Plan. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    The Colorado Public Education Health Plan's impact lies in providing a multi-employer/employee health benefit program that offers administrative, underwriting, provider network, reinsurance, shared financial risk, and other services to its member employers. By offering the "Best Health Plan," this organization plays a crucial role in ensuring access to quality healthcare for employees in the public education sector in Colorado. Their services contribute to the overall well-being and productivity of educators and staff, ultimately benefiting the education system as a whole.





    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: $829
  • Program Service Revenue: $41,854,896
  • Gross Receipts: $41,855,725

    • Assets and Liabilities:
  • Total Assets: $16,879,557
  • Total Liabilities: $8,749,874
  • Net Assets: $8,129,683
  • Programs

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

    CONTRIBUTIONS

    Revenue

    $39,615,080

    REINSURANCE RECOVERIES

    Revenue

    $2,239,816

    Organization Details

    Founding Year

    2004

    Principal Officer

    Edwin Pittaway

    Main Address

    2253 S ONEIDA STREET, DENVER, CO, 80224

    NTEE Category

    Code: Y40 - Mutual benefit

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