Overview
What is Texas Children's Health Plan?
Texas Children's Health Plan (TCHP) is a nonprofit organization founded in 1995 by Texas Children's Hospital. Its primary mission is to provide healthcare coverage to underserved children and women in Texas who do not have access to affordable insurance options such as Medicaid, STAR, STAR Kids, or CHIP. TCHP operates under these programs, catering to children under 185-100% of the federal poverty level for Medicaid, and children between 200-100% of the poverty level for the Children's Health Insurance Program. TCHP had a network of over 3,300 primary care providers, 17,295 specialists, and 334 hospitals as of December 31, 2022, ensuring comprehensive healthcare coverage for its members. As of the same date, TCHP had a total membership of 607,774. Among these members, 565,501 were enrolled in the STAR program, 30,508 in Star Kids, and 11,765 in the Children's Health Insurance Program. TCHP's objective is to create a healthier future for children and women in the community by leading in patient care, education, and research. With a workforce of 1,063 employees, the organization is dedicated to making a difference in the lives of those it serves.
Official website here: www.texaschildrenshealthplan.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement
Texas Children's Health Plan has received a two-star rating from Charity Navigator, indicating that while the organization demonstrates strong accountability and finance practices, there are significant areas in governance that require attention. They boast a high program expense ratio of 96.92%, which reflects a commitment to utilizing funds for their mission. However, the lack of independent board members is a major concern, as it could impact the organization's oversight and decision-making processes.
The organization has implemented several effective policies, including a conflict of interest policy and a whistleblower policy, which are crucial for ethical governance. Their financial statements are well-managed, and they have no reported material diversions of assets. Despite these strengths, the absence of independent members on the board and a missing tax form on their website are notable weaknesses that may undermine public trust.
Overall, while Texas Children's Health Plan excels in financial management and accountability, their governance structure's limitations overshadow these strengths. Enhancements in board independence and transparency are necessary improvements that could lead to a more favorable evaluation in the future.
This AI summary has been generated from information found on Charity Navigator.
Is Texas Children's Health Plan legitimate?
Texas Children's Health Plan is a legitimate nonprofit organization registered as a 501(c)(3) entity. Texas Children's Health Plan 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: $3,810,956
Professional Fundraising Fees: $0
Other Salaries and Wages: $35,367,578
For more financial information, click here
Official website here: www.texaschildrenshealthplan.org
What is the mission statement of Texas Children's Health Plan?
The Texas Children's Health Plan (TCHP) strives to create a healthier future for children and women by excelling in patient care, education, and research. This mission extends to underserved individuals who lack access to affordable health insurance, primarily children and women below certain poverty levels. TCHP collaborates with Medicaid, the Children's Health Insurance Program (CHIP), and Star (STAR and Star Kids) to provide essential health coverage. With a vast network of healthcare providers and facilities, TCHP caters to over 600,000 members as of December 31, 2022. By offering Star, a no-cost Medicaid program for eligible children and adults, as well as CHIP for families earning too much for Medicaid but unable to afford private coverage, TCHP ensures access to critical healthcare services for its community.
Official website here: www.texaschildrenshealthplan.org
Who is the CEO of Texas Children's Health Plan?
Unavailable
Official website here: www.texaschildrenshealthplan.org
What is the revenue of Texas Children's Health Plan?
Texas Children's Health Plan's revenue in 2022 was $2,905,750,914.
Official website here: www.texaschildrenshealthplan.org
Who are the executives of Texas Children's Health Plan and what are their salaries?
The average compensation at Texas Children's Health Plan during 2022 was $36,857. There are 1063 employees and 1 volunteer at Texas Children's Health Plan.
Here are 15 key members and their salaries:
- Compensation: $0
- Related: $1,415,226
- Other: $308,452
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $491,268
- Related: $0
- Other: $112,655
- Compensation: $0
- Related: $6,159,574
- Other: $1,510,348
- Compensation: $0
- Related: $1,860,899
- Other: $391,517
- Compensation: $0
- Related: $1,820,170
- Other: $421,507
- Compensation: $1,383,810
- Related: $0
- Other: $226,160
- Compensation: $0
- Related: $1,632,963
- Other: $311,748
- Compensation: $0
- Related: $2,265,469
- Other: $481,183
- Compensation: $0
- Related: $1,653,642
- Other: $311,254
- Compensation: $271,287
- Related: $0
- Other: $57,885
- Compensation: $313,476
- Related: $0
- Other: $10,837
- Compensation: $238,190
- Related: $0
- Other: $10,840
- Compensation: $272,867
- Related: $0
- Other: $50,425
- Compensation: $238,473
- Related: $0
- Other: $73,701
Official website here: www.texaschildrenshealthplan.org
Where can I find the form 990 for Texas Children's Health Plan?
Texas Children's Health Plan's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.texaschildrenshealthplan.org
Learn more at the official website: www.texaschildrenshealthplan.org
Mission Statement of Texas Children's Health Plan
Texas Children's Health Plan (TCHP), a pioneering organization founded in 1995 by Texas Children's Hospital, is dedicated to creating a healthier future for children and women in the global community. By leading in patient care, education, and research, TCHP aims to address the healthcare needs of underserved children and women who lack access to affordable insurance options.
TCHP's mission reaches out to children and women below the federal poverty level, providing them with healthcare coverage through programs like Medicaid and the Children's Health Insurance Program (CHIP). With over 3,300 Primary Care Providers, 17,000 specialists, and 330 hospitals in their network, TCHP ensures that children, teens, pregnant women, and adults receive comprehensive healthcare services.
As of December 31, 2022, TCHP had over 600,000 members, a testament to the organization's commitment to making healthcare accessible for those in need. TCHP's participation in the Medicaid program targets children under 185-100% of the federal poverty level, while the Children's Health Insurance Program covers children between 200-100% of the poverty level. TCHP additionally offers Star, a no-cost Medicaid program for children up to age 21, adults, and pregnant women, and Star Kids, a managed care program for children and adults 20 and younger with disabilities, which provides regular Medicaid services alongside long-term support services. As of December 31, 2022, TCHP had 565,501 Star members and 30,508 Star Kids members.
By spearheading patient care, education, and research, Texas Children's Health Plan is making a significant impact on the lives of children and women throughout their global community. Through its extensive network and comprehensive programs, TCHP continues to prioritize the health and wellbeing of the most vulnerable populations.
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Impact
October, 2024
Texas Children's Health Plan (TCHP) significantly impacts the health and well-being of children and women in underserved communities by providing vital healthcare coverage. Established in 1995, TCHP is the nation’s first health maintenance organization dedicated exclusively to children. It serves as a crucial safety net for those who would otherwise lack access to affordable health insurance.
Through its various programs, including Medicaid and the Children’s Health Insurance Program (CHIP), TCHP ensures that vulnerable populations receive necessary medical care. As of December 31, 2022, TCHP supported over 607,774 members, demonstrating its essential role in the lives of many families.
The STAR program offers cost-free Medicaid services to children, some adults, and pregnant women who cannot afford health insurance. By the end of 2022, TCHP served 565,501 STAR members. Additionally, the STAR Kids program provides specialized healthcare for children and young adults with disabilities, addressing their unique needs through long-term services and supports.
TCHP also serves families who earn too much to qualify for Medicaid but still find private coverage unaffordable through CHIP, reaching 11,765 children by the end of the previous year. With a robust network of primary care providers, specialists, and hospitals, TCHP plays a vital role in leading healthcare innovation, education, and research, ultimately contributing to a healthier future for children and women in the community.
This information is meant to be a general summary of Texas Children's Health Plan. 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: $2,819,838
- Program Service Revenue: $2,902,065,491
- Gross Receipts: $3,594,382,476
Assets and Liabilities:
- Total Assets: $1,232,006,283
- Total Liabilities: $803,989,840
- Net Assets: $428,016,443
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Premium Revenue
Revenue
$2,901,099,729
VENDED SERVICE REVENUE
Revenue
$965,762
Organization Details
Founding Year
1995
Phone
(800) 990-8247Main Address
6330 West Loop South 800, BELLAIRE, TX, 77401
NTEE Category
Code: E310 - Health
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