Concordia Health Plan

Concordia Health Plan Overview

Concordia Health Plan is located in St Louis, MO. The organization was established in 1966. 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.

For the year ending 12/2020, Concordia Health Plan generated $266.1m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 0.3% each year. All expenses for the organization totaled $262.2m during the year ending 12/2020. While expenses have increased by 0.2% 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

2020

Describe the Organization's Mission:

Part 3 - Line 1

PROVIDE HEALTHCARE BENEFITS FOR THE EMPLOYEES, AND THEIR SELECTED DEPENDENTS, OF MEMBER CONGREGATIONS, CONTROLLED ORGANIZATIONS, AND AFFILIATED AGENCIES OF THE LUTHERAN CHURCH-MISSOURI SYNOD.

Describe the Organization's Program Activity:

Part 3 - Line 4a

HEALTHCARE BENEFITS-2020 ENROLLMENT CONSISTS OF 16,299 MEMBERS (15,463 ACTIVE AND 836 DISABLED/RETIRED/SEMINARY STUDENTS) AND 20,824 DEPENDENTS. TOTAL ENROLLMENT IS 37,123. (INFORMATION FROM 12/31/20 ENROLLMENT REPORTS.) PROVIDE MEDICAL HEALTHCARE DIRECTLY TO MEMBERS THROUGH A NETWORK HEALTH PROGRAM OF $154,456,637


HEALTHCARE DELIVERY: PROVIDED PRESCRIPTION DRUG COVERAGE TOTALING $38,258,463.


HEALTHCARE DELIVERY: PROVIDED MENTAL HEALTH COVERAGE TOTALING $52 AND A VISION SERVICE PLAN TOTALING $2,411,269. (NOTE MENTAL HEALTH SERVICES ARE NO LONGER SEGREGATED FROM OTHER MEDICAL SERVICES.)


HEALTHCARE DELIVERY: PROVIDED DENTAL COVERAGE TOTALING $31,495,915. OTHER PROGRAM EXPENSES: INVESTMENT AND CUSTODIAN FEES $324,569; EXTERNAL CLAIM SERVICES $11,616,160; HEALTHCARE COST CONTAINMENT SERVICES $6,630,989; NET BENEFITS & REFUNDS $81,382; MANAGEMENT FEES $14,634,621; INSURANCE PREMIUMS $2,119,177; BENEFIT RELATED LEGAL EXPENSE $2,394; HEALTH & WELLNESS PUBLICATIONS/COMMUNICATIONS $56,135; MISCELLANEOUS $125,782.


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Concordia Health Plan Board, Officers & Key Employees

Name (title)Compensation
James Jaacks
Chairman Of The Board And Trustee
$0
Dennis Becker
Trustee
$0
Julia Bonafede
Trustee
$0
Jon Boeche
Trustee
$0
Kory Boster
Trustee
$0
Daryl Dagit
Trustee
$0

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$266,059,390
Investment income $0
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 $266,059,390

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