#120 of 500 · Health Plan / Insurer

Mclaren Health Plan Inc

EIN 38-3252216 · MI · NTEE E31 · Form 990, fiscal 2023

A Michigan-based nonprofit managed care organization and licensed HMO founded in 1998, a subsidiary of McLaren Health Care headquartered in Grand Blanc, Michigan. It provides Medicaid, Medicare, individual, and commercial health coverage to hundreds of thousands of members across Michigan, coordinating care within the McLaren integrated health care delivery system.

Financials, fiscal 2023

Revenue

$1.21B

Expenses

$1.18B

Total assets

$434.4M

Net assets

$313.2M

Operating margin

2.8%

1-year growth

7.1%

5-year growth (CAGR)

11.3%

Reserve (years of spending)

3.2

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

8

NFP Health Score: 71 / 100

Financial 47 · 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