Blue Cross Blue Shield Of Massachusetts Hmo Blue Inc

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

EIN: 043362283 ✦ Boston, MA ✦ Designated as a 501(c)(4)

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Overview

What is Blue Cross Blue Shield Of Massachusetts Hmo Blue Inc?

Blue Cross Blue Shield of Massachusetts HMO Blue is a health maintenance organization that offers medical and other health benefits to its members. Through contracts with hospitals, physicians, nursing homes, and other healthcare providers, the company delivers essential hospitalization, medical, and additional health benefits to its members. Blue Cross Blue Shield of Massachusetts HMO Blue's mission revolves around providing health maintenance organization services and supplementary programs for the advantage of its members.


Official website here: www.bluecrossma.com

Is Blue Cross Blue Shield Of Massachusetts Hmo Blue Inc legitimate?

Blue Cross Blue Shield Of Massachusetts Hmo Blue Inc is a legitimate nonprofit organization registered as a 501(c)(4) entity. Blue Cross Blue Shield Of Massachusetts Hmo Blue Inc 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 tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $198,445
Professional Fundraising Fees: $0
Other Salaries and Wages: $143,210,955

For more financial information, click here


Official website here: www.bluecrossma.com

What is the mission statement of Blue Cross Blue Shield Of Massachusetts Hmo Blue Inc?

Blue Cross Blue Shield of Massachusetts HMO Blue Inc is a health maintenance organization that offers medical and various other health benefits to its members. The company provides these benefits through contracts with hospitals, physicians, nursing facilities, and other healthcare providers. Their mission is to offer health maintenance organization services and supplementary programs, focusing primarily on the provision of hospitalization and medical benefits for their members. Blue Cross Blue Shield of Massachusetts HMO Blue Inc aims to enhance the wellbeing of its members by ensuring they have access to essential healthcare services. They facilitate health contracts with healthcare professionals and institutions to ensure their members receive comprehensive medical care when needed.


Official website here: www.bluecrossma.com

Who is the CEO of Blue Cross Blue Shield Of Massachusetts Hmo Blue Inc?

Unavailable The CEO's salary of Blue Cross Blue Shield Of Massachusetts Hmo Blue Inc is $0 and their total compensation is $2,356,716.


Official website here: www.bluecrossma.com

What is the revenue of Blue Cross Blue Shield Of Massachusetts Hmo Blue Inc?

Blue Cross Blue Shield Of Massachusetts Hmo Blue Inc's revenue in 2022 was $5,527,610,698.


Official website here: www.bluecrossma.com

Who are the executives of Blue Cross Blue Shield Of Massachusetts Hmo Blue Inc and what are their salaries?

The average compensation at Blue Cross Blue Shield Of Massachusetts Hmo Blue Inc during 2022 was $1,017,088. There are 141 employees at Blue Cross Blue Shield Of Massachusetts Hmo Blue Inc.


Here are 18 key members and their salaries (Blue Cross Blue Shield Of Massachusetts Hmo Blue Inc's CEO's salary is $0 and their total compensation is $2,356,716):


Andreana Santangelo (Director, Evp & Cfo)
  • Compensation: $0
  • Related: $2,928,587
  • Other: $1,066,698
Andrew Dreyfus (Director, President & Ceo)
  • Compensation: $0
  • Related: $5,643,230
  • Other: $1,717,914
Donald Savery (General Counsel And Secretary)
  • Compensation: $0
  • Related: $899,249
  • Other: $179,894
Dorothy Puhy (Chair)
  • Compensation: $0
  • Related: $138,140
  • Other: $0
Richard Lynch (Director, Svp & Coo)
  • Compensation: $0
  • Related: $2,410,079
  • Other: $769,510
Alona Abalos (Vice President & Asst. Clerk)
  • Compensation: $0
  • Related: $426,444
  • Other: $65,348
Anthony Criscuolo (Vp Of Treasury And Investments)
  • Compensation: $0
  • Related: $608,762
  • Other: $102,342
Enrico Giammarco (Assistant Treasurer)
  • Compensation: $90,855
  • Related: $136,284
  • Other: $17,217
Linda Williams (Svp & Chief Audit Executive)
  • Compensation: $0
  • Related: $926,345
  • Other: $282,101
Mark Collura (Assistant Treasurer)
  • Compensation: $93,488
  • Related: $140,232
  • Other: $18,035
Michael Gurriere (Svp & Chief Actuary)
  • Compensation: $0
  • Related: $793,254
  • Other: $92,922
Sarah Iselin (President & Ceo-Elect)
  • Compensation: $0
  • Related: $2,343,462
  • Other: $13,254
Joseph Schwartz (Physician Reviewer)
  • Compensation: $88,174
  • Related: $196,219
  • Other: $26,520
Katiuscia Potier (Assistant General Counsel)
  • Compensation: $83,928
  • Related: $185,937
  • Other: $17,097
Kerim Munir (Psychiatrist)
  • Compensation: $88,685
  • Related: $180,875
  • Other: $13,565
Louis Caieiro (Client Relationship Manager)
  • Compensation: $5,741
  • Related: $267,635
  • Other: $16,882
Richard Lewis (Physician Reviewer)
  • Compensation: $87,465
  • Related: $194,680
  • Other: $17,765
Stephanie Lovell (Former Chief Legal Officer)
  • Compensation: $0
  • Related: $2,114,580
  • Other: $635,257


Official website here: www.bluecrossma.com

Where can I find the form 990 for Blue Cross Blue Shield Of Massachusetts Hmo Blue Inc?

Blue Cross Blue Shield Of Massachusetts Hmo Blue Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.bluecrossma.com

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

Mission Statement of Blue Cross Blue Shield Of Massachusetts Hmo Blue Inc

Blue Cross Blue Shield of Massachusetts HMO Blue, a health maintenance organization, is dedicated to delivering medical and additional health benefits to its members through agreements with hospitals, doctors, nursing homes, and other healthcare providers. This organization offers comprehensive health maintenance services and supplementary programs, focusing primarily on hospitalization and medical coverage, to enhance the wellbeing of its members.

By establishing contracts with a vast network of healthcare professionals and institutions, Blue Cross Blue Shield of Massachusetts HMO Blue ensures that its members have access to a wide range of essential healthcare services. The organization prides itself on its mission to provide quality health benefits, ultimately improving the overall health and well-being of its members. The company's commitment to securing contracts with diverse healthcare providers enables members to receive the care they need, whenever and wherever it is required.

Blue Cross Blue Shield of Massachusetts HMO Blue stands as a trusted partner in the healthcare sector, providing its members with the necessary resources and support to maintain their health. Through its extensive network and service offerings, the organization empowers individuals to make informed decisions about their health, ultimately contributing to better health outcomes. With a strong focus on hospitalization and medical coverage, Blue Cross Blue Shield of Massachusetts HMO Blue is a valuable resource for those seeking reliable and comprehensive healthcare solutions.

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Impact




October, 2024

Blue Cross Blue Shield of Massachusetts HMO Blue Inc plays a crucial role in healthcare delivery by providing comprehensive medical and health benefits to its members. Through its contracts with hospitals, physicians, nursing homes, and other healthcare providers, it ensures access to essential healthcare services, including hospitalization and medical care.

The organization's focus on health maintenance organization (HMO) services promotes preventive care and wellness initiatives, which can lead to better health outcomes for individuals and communities. By coordinating care among various healthcare providers, HMO Blue helps streamline patient experiences, reduce costs, and improve the overall efficiency of the healthcare system.

Additionally, HMO Blue's supplementary programs enhance the range of benefits available to members, addressing diverse health needs and contributing to improved quality of life. Its presence in Boston and across Massachusetts underscores its impact on local communities by supporting public health initiatives and fostering partnerships with various healthcare entities to ensure that members receive quality care.




This information is meant to be a general summary of Blue Cross Blue Shield Of Massachusetts Hmo Blue Inc. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$5,527,610,698 (2022)
Expenses
$5,325,549,852 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $94,694,339
  • Program Service Revenue: $5,432,916,359
  • Gross Receipts: $5,932,174,231

Assets and Liabilities:

  • Total Assets: $3,083,661,495
  • Total Liabilities: $943,145,098
  • Net Assets: $2,140,516,397

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Programs

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

PREMIUMS EARNED

Revenue

$5,432,916,359

Organization Details

Founding Year

2005

Main Address

101 HUNTINGTON AVE 1300, BOSTON, MA, 02199

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