Overview
What is Banner Health Insurance Group Inc?
Banner Health Insurance Group Inc, a Medicare-only PPO, operates under Banner Health, a prominent tax-exempt hospital system. Based in Arizona, BHIG serves Medicare beneficiaries through its Medicare Advantage Part D (MAPD) Plan. With a focus on social welfare, BHIG enhances Banner Health's mission to simplify healthcare. It provides integrated care and comprehensive insurance coverage, including prescription drugs, to its members, who can choose from 5000+ providers and 17 hospitals. BHIG's programs, such as medical management, care management, and condition management, aim to improve healthcare access and quality, while personalized health navigators assist members with their healthcare needs. By leveraging Banner Health's managed care expertise, BHIG strives to deliver high-quality, sustainable healthcare services to its members, making healthcare easier and promoting better lives.
Official website here: www.bannerhealth.com
Is Banner Health Insurance Group Inc legitimate?
Banner Health Insurance Group Inc is a legitimate nonprofit organization registered as a 501(c)(4) entity. Banner Health Insurance Group 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 tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: -$166,257
For more financial information, click here
Official website here: www.bannerhealth.com
What is the mission statement of Banner Health Insurance Group Inc?
Banner Health Insurance Group Inc's mission is focused on promoting social welfare. In line with Banner Health's mission, Banner Health Insurance Group aims to make healthcare more accessible and easier, enhancing the quality of life for its members. This is achieved through providing integrated and coordinated care, as well as population health management. Additionally, Banner Health Insurance Group leverages its expertise in Arizona managed care to improve elderly members' access to healthcare and the overall quality of care they receive.
Official website here: www.bannerhealth.com
Who is the CEO of Banner Health Insurance Group Inc?
Unavailable
Official website here: www.bannerhealth.com
What is the revenue of Banner Health Insurance Group Inc?
Banner Health Insurance Group Inc's revenue in 2022 was $5,618,281.
Official website here: www.bannerhealth.com
Who are the executives of Banner Health Insurance Group Inc and what are their salaries?
Here are 8 key members and their salaries:
- Compensation: $0
- Related: $1,050,785
- Other: $326,797
- Compensation: $0
- Related: $2,565,572
- Other: $505,840
- Compensation: $0
- Related: $682,032
- Other: $194,333
- Compensation: $0
- Related: $1,675,989
- Other: $800,391
- Compensation: $0
- Related: $152,541
- Other: $2,436
- Compensation: $0
- Related: $1,564,909
- Other: $826,897
- Compensation: $0
- Related: $560,974
- Other: $57,307
- Compensation: $0
- Related: $650,347
- Other: $35,231
Official website here: www.bannerhealth.com
Where can I find the form 990 for Banner Health Insurance Group Inc?
Banner Health Insurance Group Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.bannerhealth.com
Learn more at the official website: www.bannerhealth.com
Mission Statement of Banner Health Insurance Group Inc
Banner Health Insurance Group, in line with its mission, aims to contribute to social welfare by furthering Banner Health's objective of simplifying healthcare and enhancing the quality of life. This is achieved by providing integrated and coordinated care, along with population health management. The group leverages Banner Health's extensive managed care expertise to specifically improve the access and quality of care for its elderly members. By doing so, Banner Health Insurance Group aspires to make a significant impact in the healthcare sector, aiming to ease the healthcare experience for many.
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Impact
October, 2024
Banner Health Insurance Group Inc. (BHIG) significantly enhances healthcare accessibility and quality for Medicare beneficiaries in Arizona, particularly within medically underserved areas. By operating a Medicare-only preferred provider organization (PPO) under the umbrella of a vast nonprofit healthcare system, BHIG uniquely integrates comprehensive insurance coverage with an extensive network of healthcare services, which includes over 5,000 providers and multiple hospitals.
This integration allows BHIG to deliver a holistic approach to health management through its various programs aimed at improving member health outcomes. Its medical management, care management, and condition management programs are designed to support members with complex medical conditions, promoting continuity of care, reducing hospitalizations, and enhancing self-management skills. These services ensure that members receive necessary support in navigating their healthcare needs, from routine check-ups to emergency services.
One of BHIG's distinguishing features is its commitment to cater to the health and social welfare needs of vulnerable populations, including elderly individuals, low-income families, and those with chronic conditions. The organization provides personalized health navigators, educational programs, and resources that address both physical and behavioral health requirements, thereby fostering an environment of comprehensive support for its members.
Moreover, BHIG's focus on preventive care and community health education plays a crucial role in addressing significant health disparities in the region. By increasing access to essential healthcare resources and services, BHIG not only improves individual health outcomes but also strengthens the overall health of the communities it serves.
In summary, BHIG's impact in Arizona is profound, as it not only fills critical gaps in healthcare access and coverage but also embodies a model of integrated care that prioritizes the welfare of its members and the community at large.
This information is meant to be a general summary of Banner Health Insurance Group Inc. 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: $1,556
- Program Service Revenue: $5,616,725
- Gross Receipts: $5,618,281
Assets and Liabilities:
- Total Assets: $9,498,662
- Total Liabilities: $5,817,694
- Net Assets: $3,680,968
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
CAPITATION PREMIUMS
Revenue
$5,616,725
Organization Details
Founding Year
2019
Phone
(602) 747-4000Main Address
2901 N CENTRAL AVE 160, PHOENIX, AZ, 85012
Website
www.bannerhealth.comNTEE Category
Code: E80 - Health
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