NFP500

#71 of 500 · Health Plan / Insurer

Capital District Physicians Health Plan Inc

EIN 14-1641028 · NY · NTEE n/a · Form 990, fiscal 2023

A not-for-profit, physician-founded health insurance company based in Albany, New York. Established in 1984, it provides health, dental, and related insurance coverage to individuals, families, and employer groups across New York's Capital Region and beyond. CDPHP offers commercial, Medicare, and Medicaid plans and emphasizes affordable, quality care through partnerships with providers.

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Financials, fiscal 2023

Revenue
$2.04B
Expenses
$1.98B
Total assets
$588.0M
Net assets
$256.6M
Operating margin
2.7%
1-year growth
-0.4%
5-year growth (CAGR)
6.0%
Reserve (years of spending)
1.6
Contributions share
n/a
Programme spending
99.7%
Fundraising cost
n/a
Executive pay share
0.36%
Employees
1,485
Revenue per employee
$1.4M
Grants paid
$347K
Years filing
38

NFP Health Score: 46 / 100

Financial 10 · Governance 75 · Operational 90. The score is built from Form 990 line items only. It cannot measure how well an organisation delivers its mission.

Mission

We provide quality health care at a reasonable cost for our subscribers and operate CDPHP as a model for the delivery, financing and administration of health care services.

Revenue history

YearRevenue
2019$1.61B
2020$1.75B
2021$1.91B
2022$2.04B
2023$2.04B