#22 of 500 · Health Plan / Insurer

Scan Health Plan

EIN 95-3858259 · CA · NTEE E300 · Form 990, fiscal 2023

A not-for-profit Medicare Advantage health plan founded in 1977 in Long Beach, California, by senior activists. It provides Medicare Advantage coverage and related services focused on older adults, operating primarily in California and expanding to other Western states. Its programs emphasize keeping seniors healthy, independent, and supported, including services addressing social needs of aging members.

Financials, fiscal 2023

Revenue

$4.94B

Expenses

$4.87B

Total assets

$1.06B

Net assets

$688.2M

Operating margin

1.5%

1-year growth

14.5%

5-year growth (CAGR)

12.4%

Reserve (years of spending)

1.7

Contributions share

0.1%

Programme spending

99.3%

Fundraising cost

0.0%

Executive pay share

0.26%

Employees

1,493

Revenue per employee

$3.3M

Grants paid

$3.2M

Years filing

40

NFP Health Score: 64 / 100

Financial 33 · 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

Keeping seniors healthy and independent.

Revenue history