NFP500

#321 of 500 · Health Plan / Insurer

Health First Health Plans Inc

EIN 47-2736029 · FL · NTEE E21 · Form 990, fiscal 2023

A Florida-based nonprofit health insurer and part of the Health First integrated health system centered in Brevard County. It offers health insurance products, including Medicare Advantage and commercial plans, to members in Central Florida. As the insurance arm of Health First, which also operates hospitals and wellness services, it provides coverage supporting the system's aim of improving community health and wellness.

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Financials, fiscal 2023

Revenue
$474.1M
Expenses
$463.2M
Total assets
$269.7M
Net assets
$131.1M
Operating margin
2.3%
1-year growth
8.6%
5-year growth (CAGR)
1.7%
Reserve (years of spending)
3.4
Contributions share
n/a
Programme spending
99.6%
Fundraising cost
n/a
Executive pay share
0.00%
Employees
n/a
Revenue per employee
n/a
Grants paid
n/a
Years filing
7

NFP Health Score: 59 / 100

Financial 37 · 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

To improve the health and wellness of the communities we serve. (Health First system mission)

Revenue history

YearRevenue
2019$443.0M
2020$467.5M
2021$451.8M
2022$436.7M
2023$474.1M