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Nonprofiteer
← HEALTHFIRST HEALTH PLAN INC

Form 990 for tax year 2023

Filed by HEALTHFIRST HEALTH PLAN INC.

Totals

Total revenue
$5,911,645,548
Total expenses
$5,817,161,744
Contributions and grants received
$0
Grants paid
$0
Program services expenses (Part IX)
$5,355,742,097
Management and general expenses
$461,419,647
Fundraising expenses
$0
Program service expenses (Part III)
$5,355,742,097

Program services were 92.1% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Listed in Part VII

  • PATRICIA J WANG

    PRESIDENT AND CEO

    Total calculated
    $4,821,128
    From this org
    $0
    From related orgs
    $4,295,811
    Other
    $525,317
    Hours/week
    1 + 40 related

    Schedule J breakdown matched by us

    Base
    $0 + $1,467,377 related
    Bonus
    $0 + $2,322,734 related
    Other
    $0 + $505,700 related
    Deferred
    $0 + $516,497 related
    Nontaxable benefits
    $0 + $9,651 related
    Filer's total
    $0 + $4,821,959 related
  • JOHN J BERMEL

    CHIEF FINANCIAL OFFICER

    Total calculated
    $2,020,312
    From this org
    $0
    From related orgs
    $1,982,658
    Other
    $37,654
    Hours/week
    1 + 40 related

    Schedule J breakdown matched by us

    Base
    $0 + $848,844 related
    Bonus
    $0 + $1,055,742 related
    Other
    $0 + $78,072 related
    Deferred
    $0 + $19,800 related
    Nontaxable benefits
    $0 + $18,916 related
    Filer's total
    $0 + $2,021,374 related
  • GERALD T SWEENEY

    SVP CHIEF INFORMATION OFFICER

    Total calculated
    $1,693,437
    From this org
    $0
    From related orgs
    $1,507,300
    Other
    $186,137
    Hours/week
    1 + 40 related

    Schedule J breakdown matched by us

    Base
    $0 + $635,573 related
    Bonus
    $0 + $742,041 related
    Other
    $0 + $129,686 related
    Deferred
    $0 + $158,862 related
    Nontaxable benefits
    $0 + $28,338 related
    Filer's total
    $0 + $1,694,500 related
  • LINDA TIANO

    CLO/SECRETARY ENDING 6/2023

    Total calculated
    $1,462,057
    From this org
    $0
    From related orgs
    $1,409,613
    Other
    $52,444
    Hours/week
    1 + 40 related

    Schedule J breakdown matched by us

    Base
    $0 + $254,979 related
    Bonus
    $0 + $740,600 related
    Other
    $0 + $414,034 related
    Deferred
    $0 + $48,503 related
    Nontaxable benefits
    $0 + $4,384 related
    Filer's total
    $0 + $1,462,500 related
  • SEAN KANE

    CHIEF HR OFFICER

    Total calculated
    $1,425,978
    From this org
    $0
    From related orgs
    $1,261,928
    Other
    $164,050
    Hours/week
    1 + 40 related

    Schedule J breakdown matched by us

    Base
    $0 + $562,118 related
    Bonus
    $0 + $589,981 related
    Other
    $0 + $109,829 related
    Deferred
    $0 + $136,775 related
    Nontaxable benefits
    $0 + $28,338 related
    Filer's total
    $0 + $1,427,041 related
  • JAY A SCHECHTMAN

    CHIEF MEDICAL OFFICER

    Total calculated
    $1,422,822
    From this org
    $0
    From related orgs
    $1,267,146
    Other
    $155,676
    Hours/week
    1 + 40 related

    Schedule J breakdown matched by us

    Base
    $0 + $554,113 related
    Bonus
    $0 + $585,268 related
    Other
    $0 + $127,765 related
    Deferred
    $0 + $129,473 related
    Nontaxable benefits
    $0 + $27,266 related
    Filer's total
    $0 + $1,423,885 related
  • STEVEN H BLACK

    COO END 3/2022

    Total calculated
    $1,235,794
    From this org
    $0
    From related orgs
    $1,235,794
    Other
    $0
    Hours/week
    0

    Schedule J breakdown matched by us

    Base
    $0
    Bonus
    $0 + $456,659 related
    Other
    $0 + $779,135 related
    Deferred
    $0
    Nontaxable benefits
    $0
    Filer's total
    $0 + $1,235,794 related
  • BARBARA MONTRESOR

    SVP Comm and Marketing

    Total calculated
    $1,188,400
    From this org
    $0
    From related orgs
    $1,063,627
    Other
    $124,773
    Hours/week
    1 + 40 related

    Schedule J breakdown matched by us

    Base
    $0 + $518,789 related
    Bonus
    $0 + $460,600 related
    Other
    $0 + $84,238 related
    Deferred
    $0 + $97,498 related
    Nontaxable benefits
    $0 + $28,338 related
    Filer's total
    $0 + $1,189,463 related
  • KAREN WEINSEISS

    SVP Comm & Marketing

    Total calculated
    $1,171,056
    From this org
    $0
    From related orgs
    $1,015,298
    Other
    $155,758
    Hours/week
    1 + 40 related

    Schedule J breakdown matched by us

    Base
    $0 + $544,960 related
    Bonus
    $0 + $465,942 related
    Other
    $0 + $4,396 related
    Deferred
    $0 + $128,483 related
    Nontaxable benefits
    $0 + $28,338 related
    Filer's total
    $0 + $1,172,119 related
  • ERROL PIERRE

    SVP State Programs

    Total calculated
    $1,057,140
    From this org
    $0
    From related orgs
    $940,045
    Other
    $117,095
    Hours/week
    1 + 40 related

    Schedule J breakdown matched by us

    Base
    $0 + $462,182 related
    Bonus
    $0 + $402,163 related
    Other
    $0 + $75,700 related
    Deferred
    $0 + $109,327 related
    Nontaxable benefits
    $0 + $8,824 related
    Filer's total
    $0 + $1,058,196 related
  • SHERYL MARKOWITZ

    SVP Clinical Operations

    Total calculated
    $957,041
    From this org
    $0
    From related orgs
    $952,012
    Other
    $5,029
    Hours/week
    1 + 40 related

    Schedule J breakdown matched by us

    Base
    $0 + $8,195 related
    Bonus
    $0 + $476,296 related
    Other
    $0 + $467,521 related
    Deferred
    $0 + $5,029 related
    Nontaxable benefits
    $0
    Filer's total
    $0 + $957,041 related
  • ROBERT P BLANCHARD

    Treasurer

    Total calculated
    $405,868
    From this org
    $0
    From related orgs
    $358,793
    Other
    $47,075
    Hours/week
    1 + 40 related

    Schedule J breakdown matched by us

    Base
    $0 + $255,216 related
    Bonus
    $0 + $100,816 related
    Other
    $0 + $2,761 related
    Deferred
    $0 + $19,800 related
    Nontaxable benefits
    $0 + $27,830 related
    Filer's total
    $0 + $406,423 related
  • KATHRYN HOWELL

    CLO/SECRETARY BEGINNING 7/2023

    Total calculated
    $374,438
    From this org
    $0
    From related orgs
    $303,188
    Other
    $71,250
    Hours/week
    1 + 40 related

    Schedule J breakdown matched by us

    Base
    $0 + $301,442 related
    Bonus
    $0
    Other
    $0 + $1,746 related
    Deferred
    $0 + $71,250 related
    Nontaxable benefits
    $0 + $644 related
    Filer's total
    $0 + $375,082 related
  • DEREK LAM

    VP DSI Beginning 7/2023

    Total calculated
    $244,577
    From this org
    $0
    From related orgs
    $221,291
    Other
    $23,286
    Hours/week
    1 + 40 related

    Schedule J breakdown matched by us

    Base
    $0 + $195,588 related
    Bonus
    $0 + $25,000 related
    Other
    $0 + $703 related
    Deferred
    $0 + $12,574 related
    Nontaxable benefits
    $0 + $11,207 related
    Filer's total
    $0 + $245,072 related
  • STEPHEN ROSENTHAL

    BOARD DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • David Evangelista

    BOARD DIRECTOR

    Total calculated
    $0
    Hours/week
    1

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan

Answered no

  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

The filer's explanations (Part III)

SCHEDULE J, PART 1, LINE 3
THE COMPENSATION OF THE CEO IS DETERMINED BY THE COMPENSATION COMMITTEE OF HF MANAGEMENT SERVICES, LLC, THE MANAGEMENT COMPANY THAT PROVIDES ALL SERVICES TO HFHP. THE COMMITTEE CONSISTS ONLY OF HFMS MEMBER HOSPITAL EXECUTIVES (WHO ARE NOT EMPLOYED NOR COMPENSATED BY HFMS OR ANY OF ITS AFFILIATES). THE PROCESS FOR DETERMINING COMPENSATION IS DESCRIBED IN THE COMMITTEE'S CHARTER. THE PROCESS INCLUDES ENGAGEMENT OF AN OUTSIDE HUMAN RESOURCES CONSULTING FIRM TO CONDUCT A COMPARABILITY ANALYSIS. THE ANALYSIS INCLUDES COMPARABLE RANGES OF EXECUTIVE COMPENSATION USING THE COMPANY'S INDUSTRY CLASSIFICATION. THE COMMITTEE MEETS PRIOR TO IMPLEMENTATION OF ANY CHANGE IN COMPENSATION. CONTEMPORANEOUS MINUTES OF EACH MEETING ARE PREPARED. SCHEDULE J, PART 1, LINE 4A THE FOLLOWING INDIVIDUALS ENTERED INTO SEVERANCE AGREEMENTS AND/OR RECEIVED SEVERANCE PAYMENTS FROM HF MANAGEMENT SERVICES, LLC - AN AFFILIATE ORGANIZATION OF HEALTHFIRST. STEVEN H. BLACK - TOTAL SEVERANCE: $1,650,923, SEVERANCE PAID IN 2023: $779,135 SEVERANCE DEFERRED: $0. SHERYL MARKOWITZ - TOTAL SEVERANCE: $ 426,164.00, SEVERANCE PAID IN 2023: $417,968.72 SEVERANCE DEFERRED: $8,195.
SCHEDULE J, PART I, LINE 4B
THE FOLLOWING INDIVIDUALS PARTICIPATED IN THE NON-QUALIFIED RETIREMENT PLAN PROVIDED BY HF MANAGEMENT SERVICES, LLC - A RELATED ORGANIZATION. THE AMOUNTS BELOW REPRESENT CONTRIBUTIONS TO THE PLAN SPONSOR FOR 2023: PATRICIA J. WANG $500,013, JAY A. SCHECHTMAN $109,673, GERALD T. SWEENEY $139,062, SEAN KANE $116,975, LINDA TIANO $28,703, BARBARA MONTRESOR $77,698, ERROL PIERRE $90,300 AND KAREN B. WEINSEISS $108,683. KATHRYN HOWELL $71,250

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

No itemized grants to organizations on this return.

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

Provenance

Return type
form_990
Tax year
2023
Filed
5 October 2024
IRS schema version
2023v5.1
Source object
202433119349301538

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

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