#102 of 500 · Health Plan / Insurer

Security Health Plan Of Wisconsin Inc

EIN 39-1572880 · WI · NTEE n/a · Form 990, fiscal 2023

A not-for-profit health insurance company based in Marshfield, Wisconsin, affiliated with the Marshfield Clinic Health System. Founded in 1971, it offers commercial, individual, Medicaid (BadgerCare Plus), and Medicare Advantage health plans to members across Wisconsin. It emphasizes access to affordable, high-quality coverage and community health initiatives serving both urban and rural Wisconsin communities.

Financials, fiscal 2023

Revenue

$1.44B

Expenses

$1.43B

Total assets

$403.6M

Net assets

$147.0M

Operating margin

0.8%

1-year growth

9.8%

5-year growth (CAGR)

1.5%

Reserve (years of spending)

1.2

Contributions share

n/a

Programme spending

98.6%

Fundraising cost

n/a

Executive pay share

0.09%

Employees

n/a

Revenue per employee

n/a

Grants paid

$45K

Years filing

34

NFP Health Score: 58 / 100

Financial 21 · 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

To enrich lives to help consumers and communities reach their best health by ensuring access to affordable and high quality health insurance.

Revenue history