NFP500

#19 of 500 · Health Plan / Insurer

Metroplus Health Plan Inc

EIN 13-4115686 · NY · NTEE E31 · Form 990, fiscal 2023

A not-for-profit managed care organization founded in 1985 and a subsidiary of NYC Health + Hospitals, the largest public health system in the U.S. Based in New York City, it provides commercial and government-sponsored plans, including Medicaid, Medicare, and marketplace coverage, to more than 700,000 New Yorkers. Its staff speaks over 40 languages, reflecting the diverse city it serves.

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Financials, fiscal 2023

Revenue
$5.22B
Expenses
$4.99B
Total assets
$2.49B
Net assets
$911.7M
Operating margin
4.4%
1-year growth
21.5%
5-year growth (CAGR)
12.8%
Reserve (years of spending)
2.2
Contributions share
0.0%
Programme spending
99.2%
Fundraising cost
n/a
Executive pay share
0.11%
Employees
n/a
Revenue per employee
n/a
Grants paid
n/a
Years filing
22

NFP Health Score: 69 / 100

Financial 43 · 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 offer every New Yorker equitable access to quality health care.

Revenue history

YearRevenue
2019$3.22B
2020$3.29B
2021$3.89B
2022$4.30B
2023$5.22B