Overview
What is Medica Health Plans?
Medica Health Plans is a non-profit organization that offers health insurance solutions in various markets, including individuals, families, groups, seniors, and governments. The corporation also runs a health management company, a charitable grant-making foundation, and a research institute. Medica's mission is to be the trusted health plan of choice for customers, members, partners, and employees. They aim to deliver quality health plans and support for diverse populations.
Official website here: www.medica.com
Is Medica Health Plans legitimate?
Medica Health Plans is a legitimate nonprofit organization registered as a 501(c)(4) entity. Medica Health Plans 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: $0
For more financial information, click here
What is the mission statement of Medica Health Plans?
Medica Health Plans aims to be the preferred choice of health plan for customers, members, partners, and employees. As a non-profit organization, Medica offers health insurance products for various markets and operates a health management company, a charitable foundation, and a research institute. The corporation's mission is focused on building trust and delivering quality services to its diverse clientele.
Official website here: www.medica.com
Who is the CEO of Medica Health Plans?
Elizabeth Erickson is the President & Ceo of Medica Health Plans. The CEO's salary of Medica Health Plans is $0 and their total compensation is $2,880,062.
Official website here: www.medica.com
What is the revenue of Medica Health Plans?
Who are the executives of Medica Health Plans and what are their salaries?
Here are 10 key members and their salaries (Medica Health Plans's CEO's salary is $0 and their total compensation is $2,880,062):
- John W Naylor (President & Ceo) [Trustee/Director]
- Mark L Baird (Svp & Cfo)
- David H Ellenbogen (Svp Sec & General Counsel)
- Mary P Quist (Svp Fin & Corp Controller)
- James P Jacobson (Former Svp Sec & Gen Counsel)
- John Buck (Director & Chair)
- John Stanoch (Director & Vice Chair)
- Peter Kelly (Director)
- Mary Twinem (Director)
- Esther Tomljanovich (Former Director)
Official website here: www.medica.com
Where can I find the form 990 for Medica Health Plans?
The Medica Health Plans’s most recent form 990 was submitted in 2022 and can be accessed here
Official website here: www.medica.com
Learn more at the official website: www.medica.com
Mission Statement of Medica Health Plans
Medica Health Plans, a trusted name in the health insurance sector, is on a mission to be the preferred choice for customers, members, partners, and employees. This non-profit corporation offers health insurance products for various markets, including individuals, families, groups, seniors, and governments. Beyond insurance, Medica also operates as a health management company, a charitable grant-making foundation, and a research institute.
In its commitment to being the trusted health plan of choice, Medica strives to provide comprehensive health coverage that caters to diverse needs. It serves as a beacon of hope for individuals and families, offering them peace of mind through reliable and accessible health insurance solutions. Medica's extensive range of offerings ensures that it caters to a multitude of customers, from individuals seeking personalized care to businesses looking for group coverage for their employees.
The organization's non-profit status allows it to go beyond the realm of traditional health insurance providers. Through its charitable grant-making foundation, Medica invests in initiatives that promote health and wellness in communities. The research institute, another integral part of the organization, contributes to the advancement of medical knowledge and the development of innovative healthcare solutions. Together, these entities reflect Medica's unwavering dedication to improving the health and well-being of the people it serves.
Impact
This information is meant to be a general summary of Medica Health Plans. Please take the time to review official sources before making any decisions based upon the content provided here.
Thursday, August 15, 2024
Medica Health Plans plays a significant role in providing trusted health insurance products for various markets, including individual, family, group, senior, and government sectors. By offering these essential services, Medica contributes to improving access to healthcare for a diverse range of individuals and communities. Additionally, the organization's focus on being the trusted health plan of choice underscores its commitment to ensuring customer satisfaction, fostering strong partnerships, and supporting its employees. Overall, Medica Health Plans positively impacts the healthcare landscape by delivering quality insurance products and services to its members, ultimately contributing to better health outcomes and well-being in the communities it serves.
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.
MEDICARE REVENUE
Revenue
$917,620,456
MEDICAID REVENUE
Revenue
$382,929,298
GROUP & INDIV. PREM.
Revenue
$11,683,848
Organization Details
Founding Year
1973
Phone
(952) 992-2753
Principal Officer
Elizabeth Erickson
Main Address
401 CARLSON PARKWAY CP 330, MINNETONKA, MN, 55305
Website
www.medica.com
NTEE Category
Code: E83 - Health
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