#46 of 500 · Health Plan / Insurer

Tufts Associated Health Maintenance Organization Inc

EIN 04-2674079 · MA · NTEE n/a · Form 990, fiscal 2023

A Massachusetts-based nonprofit licensed as a health maintenance organization, doing business as Tufts Health Plan. Founded in 1979, it arranges and finances health coverage through networks of hospitals and physicians across New England. In 2021 it completed a merger with Harvard Pilgrim Health Care under the parent Point32Health, forming one of the region's largest health insurers offering commercial, Medicare, and Medicaid products.

Financials, fiscal 2023

Revenue

$2.74B

Expenses

$2.75B

Total assets

$1.16B

Net assets

$696.9M

Operating margin

-0.3%

1-year growth

-8.8%

5-year growth (CAGR)

0.2%

Reserve (years of spending)

3.0

Contributions share

n/a

Programme spending

100.0%

Fundraising cost

n/a

Executive pay share

0.00%

Employees

750

Revenue per employee

$3.7M

Grants paid

$48K

Years filing

44

NFP Health Score: 64 / 100

Financial 32 · 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 guide and empower healthier lives for communities across New England.

Revenue history