#37 of 500 · Health Plan / Insurer

Hmo Minnesota

EIN 41-6173747 · MN · NTEE n/a · Form 990, fiscal 2023

The health maintenance organization affiliate of Blue Cross and Blue Shield of Minnesota, founded in 1974. It offers fully insured HMO health plans for individuals, families, and employers, and administers government programs including Minnesota Medical Assistance (Medicaid), MinnesotaCare, and Medicare products such as SecureBlue. Members access care through the Blue Plus provider network across Minnesota.

Financials, fiscal 2023

Revenue

$3.29B

Expenses

$3.17B

Total assets

$1.59B

Net assets

$1.04B

Operating margin

3.5%

1-year growth

9.3%

5-year growth (CAGR)

8.8%

Reserve (years of spending)

4.0

Contributions share

n/a

Programme spending

98.7%

Fundraising cost

n/a

Executive pay share

0.00%

Employees

n/a

Revenue per employee

n/a

Grants paid

n/a

Years filing

48

NFP Health Score: 74 / 100

Financial 53 · Governance 100 · Operational 90. The score is built from Form 990 line items only. It cannot measure how well an organisation delivers its mission.

Revenue history