#58 of 500 · Health Plan / Insurer

Tufts Health Public Plans Inc

EIN 80-0721489 · MA · NTEE Y20 · Form 990, fiscal 2023

A nonprofit managed care organization and subsidiary of Point32Health (the parent company formed by the merger of Tufts Health Plan and Harvard Pilgrim Health Care). It administers government-sponsored health plans in Massachusetts and Rhode Island, including MassHealth (Medicaid) and related Medicare products, under brands such as Tufts Health Together and Tufts Health One Care, providing coverage and care coordination to publicly insured members.

Financials, fiscal 2023

Revenue

$2.47B

Expenses

$2.48B

Total assets

$1.16B

Net assets

$437.5M

Operating margin

-0.4%

1-year growth

-14.4%

5-year growth (CAGR)

2.8%

Reserve (years of spending)

2.1

Contributions share

n/a

Programme spending

98.6%

Fundraising cost

n/a

Executive pay share

0.00%

Employees

565

Revenue per employee

$4.4M

Grants paid

$535K

Years filing

6

NFP Health Score: 66 / 100

Financial 37 · 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