NFP500

#39 of 500 · Health Plan / Insurer

Geisinger Health Plan

EIN 23-2311553 · PA · NTEE n/a · Form 990, fiscal 2023

A nonprofit health insurer based in Pennsylvania and part of the Geisinger integrated health system. It offers commercial, Medicare, and Medicaid (GHP Family) coverage to members primarily in central, south-central, and northeastern Pennsylvania. As the insurance arm of a physician-led integrated delivery system, it emphasizes coordinated, value-based care in partnership with Geisinger's hospitals and clinics.

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Financials, fiscal 2023

Revenue
$3.21B
Expenses
$3.13B
Total assets
$605.5M
Net assets
$405.4M
Operating margin
2.5%
1-year growth
5.9%
5-year growth (CAGR)
4.4%
Reserve (years of spending)
1.6
Contributions share
n/a
Programme spending
99.2%
Fundraising cost
n/a
Executive pay share
0.14%
Employees
1,624
Revenue per employee
$2.0M
Grants paid
n/a
Years filing
33

NFP Health Score: 59 / 100

Financial 28 · Governance 90 · Operational 90. The score is built from Form 990 line items only. It cannot measure how well an organisation delivers its mission.

Mission

To make better health easier by providing access to affordable, high-quality health care to the community through equitable, innovative, and inclusive care and coverage models.

Revenue history

YearRevenue
2019$2.70B
2020$2.66B
2021$2.80B
2022$3.04B
2023$3.21B