#202 of 500 · Health Plan / Insurer

The Health Plan Of West Virginia Inc

EIN 55-0585592 · WV · NTEE n/a · Form 990, fiscal 2023

A nonprofit managed-care health insurer founded in 1979 and based in Wheeling, West Virginia. It offers commercial, Medicare Advantage, Medicaid, and self-funded health coverage to members primarily in West Virginia and Ohio, providing medical, pharmacy, and related benefits and care-management services to individuals, employer groups, and government programs.

Financials, fiscal 2023

Revenue

$793.2M

Expenses

$780.8M

Total assets

$452.1M

Net assets

$307.1M

Operating margin

1.6%

1-year growth

-3.1%

5-year growth (CAGR)

5.7%

Reserve (years of spending)

4.7

Contributions share

n/a

Programme spending

98.2%

Fundraising cost

n/a

Executive pay share

0.50%

Employees

650

Revenue per employee

$1.2M

Grants paid

$608K

Years filing

44

NFP Health Score: 77 / 100

Financial 58 · 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 deliver innovative, high-quality, and cost-effective healthcare solutions that improve the health and well-being of our members.

Revenue history