#42 of 500 · Health Plan / Insurer

Mvp Health Plan Inc

EIN 14-1640868 · NY · NTEE n/a · Form 990, fiscal 2023

A nonprofit, regional health insurance company headquartered in Schenectady, New York. It provides commercial, Medicare, Medicaid, and individual health plans to members across New York and Vermont. As a community-oriented health plan, it emphasizes preventive care and coordination with providers throughout its regional service area.

Financials, fiscal 2023

Revenue

$3.04B

Expenses

$3.03B

Total assets

$915.4M

Net assets

$458.8M

Operating margin

0.4%

1-year growth

-4.7%

5-year growth (CAGR)

3.1%

Reserve (years of spending)

1.8

Contributions share

n/a

Programme spending

99.6%

Fundraising cost

n/a

Executive pay share

0.02%

Employees

1,831

Revenue per employee

$1.7M

Grants paid

$628K

Years filing

39

NFP Health Score: 61 / 100

Financial 27 · Governance 100 · Operational 90. The score is built from Form 990 line items only. It cannot measure how well an organisation delivers its mission.

Mission

Improve health. Provide peace of mind.

Revenue history