Overview
What is Mount Carmel Health Insurance Company?
Mount Carmel Health Insurance Company, established in 2007, is a nonprofit organization based in Columbus, Ohio. Its primary mission is to aid Medicare-eligible seniors in the central Ohio region in obtaining affordable Medicare Advantage insurance coverage, which includes comprehensive health benefits, compassionate care, and out-of-network benefits. As a wholly-owned subsidiary of Mount Carmel Health System, a tax-exempt healthcare system, Mount Carmel Health Insurance Company operates in collaboration with various community and governmental agencies to continually enhance its members' health. It offers a Preferred Provider Organization plan in accordance with Centers for Medicare and Medicaid Services (CMS) requirements, available to eligible Ohio residents within its service area. Mount Carmel Health Insurance Company is an integral part of the larger Mount Carmel and Trinity Health community, working together to serve their communities with compassion and healing.
Official website here: www.medigold.com
Is Mount Carmel Health Insurance Company legitimate?
Mount Carmel Health Insurance Company is a legitimate nonprofit organization registered as a 501(c)(4) entity. Mount Carmel Health Insurance Company 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.medigold.com
What is the mission statement of Mount Carmel Health Insurance Company?
Mount Carmel Health Insurance Company, a subsidiary of Mount Carmel and Trinity Health, serves with compassion and transformation in the spirit of the Gospel. Its primary mission is to assist Medicare-eligible seniors in the central Ohio region by providing access to Medicare Advantage insurance coverage that offers cost-effective health benefits, compassionate care, and out-of-network benefits. As a community-based health care organization, Mount Carmel Health Insurance Company collaborates with various entities to continually improve the health of its members by providing exceptional coverage and access to high-quality, cost-effective care. The company operates within the requirements of the Centers for Medicare and Medicaid Services and is available to all Ohio residents eligible for Medicare Parts A and B within its service area.
Official website here: www.medigold.com
Who is the CEO of Mount Carmel Health Insurance Company?
Jack Randolph is the Director; President & Ceo of Mount Carmel Health Insurance Company. The CEO's salary of Mount Carmel Health Insurance Company is $0 and their total compensation is $919,569.
Official website here: www.medigold.com
What is the revenue of Mount Carmel Health Insurance Company?
Mount Carmel Health Insurance Company's revenue in 2022 was $9,948,719.
Official website here: www.medigold.com
Who are the executives of Mount Carmel Health Insurance Company and what are their salaries?
There 4 volunteers at Mount Carmel Health Insurance Company.
Here are 13 key members and their salaries (Mount Carmel Health Insurance Company's CEO's salary is $0 and their total compensation is $919,569):
- Compensation: $0
- Related: $1,277,941
- Other: $288,723
- Compensation: $0
- Related: $737,128
- Other: $182,441
- Compensation: $0
- Related: $510,056
- Other: $43,486
- Compensation: $0
- Related: $405,211
- Other: $54,083
- Compensation: $0
- Related: $412,420
- Other: $31,123
- Compensation: $0
- Related: $405,351
- Other: $27,466
- Compensation: $0
- Related: $345,335
- Other: $15,709
- Compensation: $0
- Related: $293,929
- Other: $41,328
- Compensation: $0
- Related: $192,972
- Other: $41,472
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.medigold.com
Where can I find the form 990 for Mount Carmel Health Insurance Company?
Mount Carmel Health Insurance Company's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.medigold.com
Learn more at the official website: www.medigold.com
Mission Statement of Mount Carmel Health Insurance Company
Mount Carmel Health Insurance Company, a wholly-owned nonprofit subsidiary of Mount Carmel Health System, was established with a mission to aid Medicare-eligible seniors in the Central Ohio region in gaining access to Medicare Advantage insurance coverage. This coverage offers cost-effective health benefits, compassionate care, and service, along with out-of-network benefits. The company serves as an integral part of Mount Carmel Health System, a tax-exempt healthcare system under IRC Section 501(c)(3).
Mount Carmel Health Insurance Company operates with a community-based approach, collaborating with employers, individual members, physicians, healthcare providers, and community and governmental agencies to continually enhance the health of its members. By providing exceptional coverage and access to high-quality, cost-effective care, the company strives to improve the wellbeing of its members. The organization's efforts are focused on offering a Preferred Provider Organization plan in accordance with the requirements of the Centers for Medicare and Medicaid Services (CMS), making this plan available to all eligible Ohio residents within its service area.
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Impact
October, 2024
Mount Carmel Health Insurance Company (MCHIC) significantly impacts the Central Ohio community by providing essential Medicare Advantage insurance coverage to Medicare-eligible seniors. Since its establishment in 2007, MCHIC has focused on enhancing access to affordable healthcare options that include comprehensive health benefits and compassionate service.
The organization operates a Preferred Provider Organization (PPO) plan that meets the requirements set by the Centers for Medicare and Medicaid Services (CMS), making it accessible to Ohio residents eligible for Medicare Parts A and B. This not only helps seniors navigate their healthcare needs more effectively but also ensures they receive high-quality care while enjoying out-of-network benefits.
MCHIC collaborates closely with employers, healthcare providers, and community agencies to continually improve health outcomes for its members. This collaborative model enhances the quality of care and promotes health equity within the community. By focusing on the unique needs of Medicare-eligible seniors, MCHIC plays a pivotal role in fostering a healthier community and enhancing the overall well-being of its members.
This information is meant to be a general summary of Mount Carmel Health Insurance Company. 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $2,308
- Program Service Revenue: $9,946,411
- Gross Receipts: $9,960,090
Assets and Liabilities:
- Total Assets: $8,608,222
- Total Liabilities: $3,443,776
- Net Assets: $5,164,446
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PREMIUM REVENUE
Revenue
$9,946,411
Organization Details
Founding Year
2007
Phone
(614) 546-4000Principal Officer
Jack Randolph
Main Address
3100 EASTON SQUARE PL 300, COLUMBUS, OH, 432196290
Website
www.medigold.comNTEE Category
Code: E80 - Health
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