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EIN 04-3373331

Wellsense Health Plan

IRS 501(c) type
501(c)(3)
Num. employees
1,292
City
Charlestown
State
Massachusetts
Year formed
1997
Most recent tax filings
2023-09-01
NTEE code, primary
E83: Health Care Financing
Description
BMC HealthNet Plan and Well Sense Health Plan are non-profit managed care organizations committed to providing the highest quality healthcare coverage to underserved populations.
Also known as...
Boston Medical Center Health Plan; Boston Medical Center Healthnet Plan
Total revenues
$4,137,750,808
2023
Total expenses
$4,017,725,145
2023
Total assets
$1,661,209,313
2023
Num. employees
1,292
2023

Program areas at Wellsense Health Plan

The corporation is organized and operates as a nonprofit corporation exclusively for the benefit of and to support Boston Medical Center corporation and to provide access to effective, efficient Medical care among low income, underserved, disabled, elderly and other vulnerable residents of the community.

Financials for Wellsense Health Plan

RevenuesFYE 09/2023
Total grants, contributions, etc.$0
Program services$4,098,701,726
Investment income and dividends$42,914,795
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$-3,865,713
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$4,137,750,808

Organizations like Wellsense Health Plan

OrganizationLocationRevenue
Harvard Pilgrim Health CareCanton, MA$2,234,674,724
VillageCareMAXNew York, NY$1,261,011,773
Fallon HealthWorcester, MA$1,751,638,657
UCare MinnesotaMinneapolis, MN$6,156,191,357
Senior Care Action Network Health Plan (SCAN)Long Beach, CA$4,939,028,050
Driscoll Health Plan (DHP)Corpus Christi, TX$1,225,578,447
Neighborhood Health Plan of Rhode Island (NHPRI)Smithfield, RI$1,883,580,033
MetroPlus Health PlanNew York, NY$5,218,349,628
Community Health Group Partnership PlanChula Vista, CA$1,530,362,521
SelectHealth HealthMurray, UT$4,594,278,842
Data update history
September 23, 2024
Posted financials
Added Form 990 for fiscal year 2023
September 22, 2024
Used new vendors
Identified 2 new vendors, including , and
September 21, 2024
Updated personnel
Identified 5 new personnel
October 18, 2023
Updated personnel
Identified 4 new personnel
September 30, 2023
Posted financials
Added Form 990 for fiscal year 2022
Nonprofit Types
Insurance companiesHealth organizationsHeadquarter / parent organizationsCharities
Issues
Health
Characteristics
Political advocacyLobbyingOperates internationallyTax deductible donationsAccepts online donations
General information
Address
100 City Sq Suite 200
Charlestown, MA 02129
Metro area
Boston-Cambridge-Newton, MA-NH
County
Suffolk County, MA
Website URL
wellsense.org/ 
Phone
(617) 748-6000
Facebook page
BMCHealthNetPlan 
IRS details
EIN
04-3373331
Fiscal year end
September
Taxreturn type
Form 990
Year formed
1997
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
E83: Health Care Financing
NAICS code, primary
52411: Direct Life, Health, and Medical Insurance Carriers
Parent/child status
Central organization
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