#17 of 500 · Member & Benefit Funds

Health Insurance Plan Of Greater New York

EIN 13-1828429 · NY · NTEE E320 · Form 990, fiscal 2023

A nonprofit health insurer, incorporated in 1944 as one of the first health insurance plans for public-service workers. It is now part of EmblemHealth, formed in 2006 through the merger of HIP and Group Health Incorporated, and provides health coverage to members primarily in the New York City metropolitan area.

Financials, fiscal 2023

Revenue

$5.32B

Expenses

$5.41B

Total assets

$2.52B

Net assets

$442.6M

Operating margin

-1.7%

1-year growth

-7.6%

5-year growth (CAGR)

1.2%

Reserve (years of spending)

1.0

Contributions share

0.0%

Programme spending

99.9%

Fundraising cost

n/a

Executive pay share

0.54%

Employees

2,292

Revenue per employee

$2.3M

Grants paid

$186K

Years filing

19

NFP Health Score: 48 / 100

Financial 15 · 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 create healthier futures for our customers and communities.

Revenue history