EIN 41-1242261

Medica

IRS 501(c) type
501(c)(4)
Num. employees
22
Year formed
1973
Most recent tax filings
2022-12-01
NTEE code, primary
Description
Medica is a non-profit, taxable corporation that provides health insurance products for the individual, family, group, senior and government markets as well as a health management company, a charitable grant-making foundation and a research institute.
Also known as...
Medica Health Plans
Total revenues
$1,320,077,888
2022
Total expenses
$1,246,496,448
2022
Total assets
$849,808,305
2022
Num. employees
22
2022

Program areas at Medica

Contributions by Medica on behalf of members beyond contracted services in 2022 mhp spent approximately $3.3 million to provide additional, non-state plan services on behalf of the following categories of Minnesota Health care programs: msc+; msho; and snbc.non-state plan services included: value of waived family deductibles; msc+/msho elderly waiver for non-eligible members; non-medicare part d pharmacy copayments; drugs not eligible for rebates; and non-medicare value of cost-sharing waived copays.mhp provided other community benefits with a wide range of programs and initiatives to promote public and individual Health, reduce disparities in access to care, improve Health care system performance, and help provide financial assistance to access care.mhp donates funding, employee time and other resources in support of more than two dozen collaborative efforts with local, state, regional and national organizations. Examples include: Minnesota community measurement, which promotes community-based, evidence-based care, and quality comparisons of provider groups and clinics; institute for clinical systems improvement, which provides evidence-graded guidelines and assessments.medica undertakes a variety of initiatives to make Health care more affordable, available and effective. Examples include:-improvements in rates of annual screenings among members for diseases such as cancers, heart disease and diabetes, pre and post-birth maternity care, immunizations, and annual dental visits.-reductions in medically unnecessary er visits and in-patient hospital admissions-tying provider reimbursement to improvements in care outcomes, quality and efficiency-increased participation in exercise.medica's optum onepass fitness program offered a large, nationwide network of gyms and fitness locations. Additionally, members received online access to thousands of on-demand workout videos and customizable workout programs accessible via a mobile app called my Health rewards which also offers opportunities for person-to-person direct guidance in creating a personalized nutrition and fitness plan. In 2022, Medica offered the optum onepass program to members in medicare advantage products that included the msho and snbc snp Minnesota state programs.medica's tobacco cessation coaching program is a self-directed program offering a wide variety of tools and resources to help members quit tobacco use. Coaching support includes private, confidential access to trained Health coaches. There was no cost to Medica members to participate in the tobacco cessation coaching program.in 2022 offered a portfolio of disease management programs for physical and mental Health, tobacco cessation, healthy pregnancy, common chronic medical diseases, and rare and complex diseases.these programs provide education and resources that help support the members' ability to manage chronic conditions. The goals are to improve Health and quality of life, reduce complications through earlyintervention and monitoring, promote medical care and compliance with the patient's physician-recommended medical treatment regimen, and to improve satisfaction with Health care services.medica's disease management programs were provided at no additional charge to fully insured groups, and to Minnesota state Health care program enrollees served by Medica. There is no cost to eligible Medica members.

Grants made by Medica

GranteeGrant descriptionAmount
Medica FoundationTo Support Best Practices of Organization.$2,800,000
Alegent Health - Bergan Mercy Health SystemTo Support Best Practices of Organization.$108,530
Children's Hospital and Medical Center FoundationTo Support Best Practices of Organization.$75,000
...and 13 more grants made

Personnel at Medica

NameTitleCompensation
Elizabeth EricksonPresident and Chief Executive Officer
John W NaylorPresident and Chief Executive Officer / Senior Vice President Commercial Markets$0
Naylor John WPresident and Chief Executive Officer$0
Geyer Robert WSenior Vice President and Chief Operations Officer$0
Baird Mark LSenior Vice President and Chief Financial Officer$0
...and 23 more key personnel

Financials for Medica

RevenuesFYE 12/2022
Total grants, contributions, etc.$0
Program services$1,312,233,602
Investment income and dividends$11,829,545
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$-1,890,955
Net gain from sale of non-inventory assets$-2,094,304
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$1,320,077,888

Form 990s for Medica

Fiscal year endingDate received by IRSFormPDF link
2022-122023-11-08990View PDF
2021-122022-11-14990View PDF
2020-122021-11-13990View PDF
2019-122021-06-24990View PDF
2018-122020-01-23990View PDF
...and 10 more Form 990s

Organizations like Medica

OrganizationLocationRevenue
Mclaren Health PlanFlint, MI$1,131,135,540
Blue Care Network of MichiganDetroit, MI$4,153,996,666
Denver Health Medical Plan (DHMP)Denver, CO$547,037,392
Harvard Pilgrim Health CareCanton, MA$521,545,311
Quartz Health Plan CorporationFitchburg, WI$391,121,092
Providence Health PlanRenton, WA$2,188,608,483
Colorado AccessAurora, CO$590,765,258
Parkland Community Health PlanDallas, TX$1,087,540,660
Mass General Brigham Health Plan (NHP)Somerville, MA$911,720,154
Blue PlusSaint Paul, MN$3,006,142,678
Data update history
January 2, 2024
Posted financials
Added Form 990 for fiscal year 2022
January 1, 2024
Updated personnel
Identified 1 new personnel
July 28, 2023
Posted financials
Added Form 990 for fiscal year 2021
July 9, 2023
Used new vendors
Identified 3 new vendors, including , , and
July 6, 2023
Updated personnel
Identified 18 new personnel
Nonprofit Types
Insurance companiesHealth organizationsHeadquarter / parent organizations
Issues
Health
Characteristics
No full-time employees
General information
Address
401 Carlson Pkwy CP 330
Minnetonka, MN 55305
Metro area
Minneapolis-St. Paul-Bloomington, MN-WI
County
Hennepin County, MN
Website URL
medica.com/ 
Phone
(952) 992-2900
Facebook page
Medica4Me 
Twitter profile
@medica4me 
IRS details
EIN
41-1242261
Fiscal year end
December
Taxreturn type
Form 990
Year formed
1973
Eligible to receive tax-deductible contributions (Pub 78)
No
Categorization
NTEE code, primary
E83: Health Care Financing
NAICS code, primary
52411: Direct Life, Health, and Medical Insurance Carriers
Parent/child status
Central organization
Free account sign-up

Want updates when Medica has new information, or want to find more organizations like Medica?

Create free Cause IQ account