Overview
What is Security Health Plan Of Wisconsin Inc?
Security Health Plan of Wisconsin Inc, headquartered in Marshfield, Wisconsin, is a nonprofit health insurance provider. With approximately 230,000 members, it offers a network for prepaid healthcare services in various industries, including healthcare, manufacturing, government, and dairy. In 2022, about 29% of enrollment came from employer groups and direct pay subscribers, while 38% was from Medicaid, and 31% from Medicare Advantage. The organization also provides administrative services only contracts to self-insured groups. Security Health Plan offers community rating for Medicare Supplement members participating in the Medicaid HMO, coverage for individuals, as well as large and small groups. Members can maintain their coverage upon leaving their group. The mission of Security Health Plan is to enrich lives and help consumers and communities reach their best health by ensuring access to affordable and high-quality health insurance. They also participate in medical research, education, community education, cancer screening tests, and the Medicare Advantage program.
Official website here: www.securityhealth.org
Is Security Health Plan Of Wisconsin Inc legitimate?
Security Health Plan Of Wisconsin Inc is a legitimate nonprofit organization registered as a 501(c)(4) entity. Security Health Plan Of Wisconsin 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 not tax deductible.
Here are some key statistics you may want to consider:
Executive Compensation: $700,890
Professional Fundraising Fees: $0
Other Salaries and Wages: $32,159,789
For more financial information, click here
What is the mission statement of Security Health Plan Of Wisconsin Inc?
Security Health Plan of Wisconsin Inc is dedicated to enhancing lives by ensuring access to affordable and top-notch health insurance, thus enabling consumers and communities to attain their optimal health. With approximately 230,000 members, the organization caters to various sectors, including employer groups, Medicaid, Medicare Supplement, Medicare Advantage, and self-insured groups. Through its extensive network, it offers coverage to individuals and groups, ensuring portability upon leaving. In addition to providing health insurance services, Security Health Plan engages in medical research, member education, community education, cancer screening tests, and the Medicare Advantage Program.
Official website here: www.securityhealth.org
Who is the CEO of Security Health Plan Of Wisconsin Inc?
Krista Hoglund Shp is the Shp Ceo of Security Health Plan Of Wisconsin Inc. The CEO's salary of Security Health Plan Of Wisconsin Inc is $0 and their total compensation is $509,916.
Official website here: www.securityhealth.org
What is the revenue of Security Health Plan Of Wisconsin Inc?
Security Health Plan Of Wisconsin Inc's revenue in 2022 was $1,309,605,178.
Official website here: www.securityhealth.org
Who are the executives of Security Health Plan Of Wisconsin Inc and what are their salaries?
- Susan Turney Md (Board Member/Mchs Ceo) [Trustee/Director]
- Jerard Jensen (Mchs General Counsel)
- William Melms Md (Vice Chair/Mchs Cso) [Trustee/Director]
- Gordon Edwards (Mchs & Shp Cfo - Part Year)
- Edward Fernandez Md (Board Member) [Trustee/Director]
- Krista Hoglund (Shp Ceo)
- Alpa Shah Md (Board Member) [Trustee/Director]
- David Nyman (Chief Operating Officer)
- Michael Sautebin (Former Shp Chief Actuary)
- Jennifer Shermo (Chief Growth Officer)
- Jennifer Hockin (Chief Operating Officer - Part Year)
- Michael Luebke (Chair) [Trustee/Director]
- Terry Frankland (Treasurer) [Trustee/Director]
- Mark Bradley (Secretary) [Trustee/Director]
- Mary Jo Johnson (Board Member) [Trustee/Director]
Official website here: www.securityhealth.org
Where can I find the form 990 for Security Health Plan Of Wisconsin Inc?
The Security Health Plan Of Wisconsin Inc’s most recent form 990 was submitted in 2022 and can be accessed here
Official website here: www.securityhealth.org
Learn more at the official website: www.securityhealth.org
Mission Statement of Security Health Plan Of Wisconsin Inc
Security Health Plan of Wisconsin, Inc. (SHP) is a mission-driven organization dedicated to enriching lives and helping consumers and communities reach their best health by ensuring access to affordable and high-quality health insurance. The Wisconsin-based health plan provides a network for prepaid healthcare services to approximately 230,000 members.
The organization caters to a diverse range of enrollees, with a significant portion coming from employer groups and direct pay subscribers in the healthcare, manufacturing, government, and dairy industries, accounting for 29% of the enrollment. Another substantial portion consists of Medicaid beneficiaries, representing 38% of the total membership. SHP offers administrative services only contracts to self-insured groups, as well as coverage to individuals and large and small groups, ensuring portability upon leaving the group.
SHP's commitment to its mission extends beyond its membership base. The organization participates in medical research and education, engaging its members in various health-related initiatives. Community education is a priority, with SHP promoting cancer screening tests and supporting the Medicare Advantage program. By offering a comprehensive range of services, SHP aims to improve the overall health and wellbeing of its members and the communities it serves.
Impact
This information is meant to be a general summary of Security Health Plan Of Wisconsin Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Thursday, August 15, 2024
Security Health Plan Of Wisconsin Inc's impact is significant in enriching lives by providing access to affordable and high-quality health insurance. With a network that serves approximately 230,000 members, Security Health Plan plays a crucial role in helping consumers and communities achieve their best health.
Furthermore, the diverse membership base, including employer groups, direct pay subscribers, and participants from various industries, demonstrates the widespread reach and accessibility of Security Health Plan's services. By offering coverage to individuals, large and small groups, as well as participating in medical research and community education, Security Health Plan actively contributes to improving healthcare outcomes and wellbeing in Wisconsin.
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.
- Assets and Liabilities:
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PREPAID HEALTH FEES
Revenue
$1,298,672,749
Organization Details
Founding Year
1986
Phone
(715) 221-9555
Principal Officer
Krista Hoglund Shp
Main Address
PO BOX 8000, MARSHFIELD, WI, 544498000
Website
www.securityhealth.org
NTEE Category
Code: E83 - Health
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