Overview
What is Northcentral Employers Healthcare Alliance?
Northcentral Employers Healthcare Alliance is a collaboration of local businesses headquartered in Wausau, Wisconsin. Their primary objective is to lower healthcare costs for their members. The alliance accomplishes this by managing and auditing pharmacy benefits for its 35,000 members and distributing the performance penalties obtained from pharmacy benefit managers. To further amplify their influence, they maintain a website to attract potential new member companies, thereby leveraging their combined purchasing power more effectively.
Official website here: www.nehawi.org
Is Northcentral Employers Healthcare Alliance legitimate?
Northcentral Employers Healthcare Alliance is a legitimate nonprofit organization registered as a 501(c)(4) entity. Northcentral Employers Healthcare Alliance submitted a form 990EZ, 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.
Official website here: www.nehawi.org
What is the mission statement of Northcentral Employers Healthcare Alliance?
The Northcentral Employers Healthcare Alliance, a coalition of employers, is committed to reducing healthcare costs. They achieve this by providing pharmacy benefit administration and auditing services to their 35,000 members. Additionally, the alliance disburses performance penalties received from pharmacy benefit managers. Furthermore, they maintain a website to attract potential member companies, aiming to leverage their collective purchasing power for better financial outcomes.
Official website here: www.nehawi.org
Who is the CEO of Northcentral Employers Healthcare Alliance?
Corrine Simonson is the Secretary of Northcentral Employers Healthcare Alliance.
Official website here: www.nehawi.org
What is the revenue of Northcentral Employers Healthcare Alliance?
Northcentral Employers Healthcare Alliance's revenue in 2022 was $181,441.
Official website here: www.nehawi.org
Who are the executives of Northcentral Employers Healthcare Alliance and what are their salaries?
Here are 2 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.nehawi.org
Where can I find the form 990EZ for Northcentral Employers Healthcare Alliance?
Northcentral Employers Healthcare Alliance's most recent form 990EZ was submitted in 2022 and can be accessed here.
Official website here: www.nehawi.org
Learn more at the official website: www.nehawi.org
Mission Statement of Northcentral Employers Healthcare Alliance
Northcentral Employers Healthcare Alliance, a coalition of local employers, is driven by a mission to reduce healthcare costs. This organization achieves this by providing pharmacy benefit administration and conducting audits for its 35,000 members. The audits help to recover performance penalties that pharmacy benefit managers may impose. Furthermore, Northcentral Employers Healthcare Alliance maintains a website to attract potential member companies. By pooling their resources, these member companies can leverage their collective purchasing power more effectively, potentially leading to lower healthcare costs for all involved.
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Impact
October, 2024
The Northcentral Employers Healthcare Alliance significantly impacts local employers by effectively reducing healthcare costs through collective action. Serving 35,000 members, it provides essential services such as pharmacy benefit administration and auditing, helping to identify and manage unnecessary expenses. By disbursing performance penalties received from pharmacy benefit managers, the alliance ensures that its members are compensated for any inefficiencies or discrepancies.
Additionally, the Alliance enhances its influence by actively recruiting new member companies via its dedicated website, further increasing collective purchasing power. This collaborative approach not only empowers employers to negotiate better rates and access more favorable healthcare benefits but also fosters a supportive network among local businesses dedicated to sustainability in healthcare expenditures. Overall, the Northcentral Employers Healthcare Alliance plays a crucial role in transforming how local employers manage and mitigate healthcare costs, ultimately benefiting their employees and communities.
This information is meant to be a general summary of Northcentral Employers Healthcare Alliance. 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: $174
- Program Service Revenue: $181,267
- Gross Receipts: $181,441
Assets and Liabilities:
- Total Assets: $3,811
- Total Liabilities: $0
- Net Assets: $3,811
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Organization Details
Phone
(715) 847-0545Principal Officer
Corrine Simonson
Main Address
1323 South 11th Ave, Wausau, WI, 54401
Website
www.nehawi.orgNTEE Category
Code: Y02 - Mutual benefit
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