Shared Services Health Plan Trust

Organization Overview

Shared Services Health Plan Trust is located in Selinsgrove, PA. The organization was established in 2011. According to its NTEE Classification (Y43) the organization is classified as: Voluntary Employees Beneficiary Associations (Non-Government), under the broad grouping of Mutual & Membership Benefit and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Shared Services Health Plan Trust is a 501(c)(9) and as such, is described as a "Voluntary Employees Beneficiary Association" by the IRS.

For the year ending 06/2021, Shared Services Health Plan Trust generated $54.2m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 7.8% each year. All expenses for the organization totaled $51.2m during the year ending 06/2021. While expenses have increased by 8.3% per year over the past 6 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

PROVIDE HEALTH, VISION, AND PRESCRIPTION BENEFITS TO COVERED PARTICIPANTS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

EMPLOYER AND PARTICIPANT CONTRIBUTIONS AND REIMBURSEMENTS FROM A REINSURANCE POLICY ARE USED FOR THE PAYMENT OF HEALTH, VISION, AND PRESCRIPTION CLAIMS, AS WELL AS ADMINISTRATIVE EXPENSES.


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Board, Officers & Key Employees

Name (title)Compensation
Michael Coyne
Chair
$0
Jeff Strader
Treasurer
$0
Randy Eldridge
Vice Chair (left Sept. '20)
$0
Brian Ecker
Secretary
$0
Marty Mehringer
Vice Chair
$0
Dr James Lytle
Board Member
$0

Outside Vendors & Contractors

Vendor Name (Service)Compensation
Trion Group
Contract Admin.
$144,823
Highmark Blue Shield West
Claims Admin.
$101,257
The Benecon Group
Contract Admin.
$584,983
Capital Blue Cross
Claims Admin.
$232,558
Highmark Blue Shield
Claims Admin.
$905,830
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$0
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$0
Total Program Service Revenue$54,146,812
Investment income $7,377
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $54,154,189

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