Tufts Health Public Plans Inc

Organization Overview

Tufts Health Public Plans Inc is located in Canton, MA. The organization was established in 2017. According to its NTEE Classification (Y20) the organization is classified as: Insurance Providers, under the broad grouping of Mutual & Membership Benefit and related organizations. As of 12/2021, Tufts Health Public Plans Inc employed 666 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Tufts Health Public Plans Inc is a 501(c)(4) and as such, is described as a "Civic League, Social Welfare Organization, and Local Association of Employees" by the IRS.

For the year ending 12/2021, Tufts Health Public Plans Inc generated $2.7b in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 10.8% each year . All expenses for the organization totaled $2.8b during the year ending 12/2021. While expenses have increased by 11.5% per year over the past 7 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.

Since 2016, Tufts Health Public Plans Inc has awarded 39 individual grants totaling $712,382. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

TUFTS HEALTH PUBLIC PLANS'S MISSION IS TO IMPROVE THE HEALTH AND WELLNESS OF THE DIVERSE COMMUNITIES IT SERVES BY ARRANGING FOR THE PROVISION OF COMPREHENSIVE HEALTH CARE SERVICES.

Describe the Organization's Program Activity:

Part 3 - Line 4a

TUFTS HEALTH TOGETHER IS THE NAME OF THPP'S MASSACHUSETTS MEDICAID MCO AND ACO PLANS THAT PROVIDE ACCESS TO AFFORDABLE HEALTH CARE FOR QUALIFIED RESIDENTS AND THEIR FAMILIES WHO MEET INCOME AND OTHER ELIGIBILITY REQUIREMENTS. MASSHEALTH IS THE NAME OF THE MASSACHUSETTS MEDICAID PROGRAM FUNDED BY THE FEDERAL GOVERNMENT AND THE STATE. MASSHEALTH HELPS PEOPLE WITH LIMITED INCOMES AND RESOURCES PAY FOR MEDICAL AND SUPPORT SERVICES. IT ALSO COVERS EXTRA SERVICES AND DRUGS NOT COVERED BY MEDICARE. TO BE ELIGIBLE FOR MASSHEALTH, YOU MUST BE A MASSACHUSETTS RESIDENT WITH LOW TO MODERATE INCOME. (SEE SCHEDULE O)


TUFTS HEALTH DIRECT IS AN INDIVDUAL AND SMALL GROUP QUALIFIED HEALTH PLAN (QHP) ESTABLISHED BY THE ORGANIZATION AFTER THE ENACTMENT OF THE AFFORDABLE CARE ACT TO PROVIDE ACCESS TO AFFORABLE HEALTH CARE FOR INDIVIDUALS AND FAMILIES WHO ARE NOT ELIGIBLE FOR AFFORDABLE EMPLOYER-SPONSORED INSURANCE, AND SMALL EMPLOYER GROUPS WITH 1-50 EMPLOYEES. (SEE SCHEDULE O)


TUFTS HEALTH UNIFY IS A MEDICARE-MEDICAID PLAN FOR INDIVIDUALS AGE 21-64 WHO ARE ELIGIBLE FOR BOTH MEDICARE AND MEDICAID. TUFTS HEALTH UNIFY IS ONE OF TWO MASSACHUSETTS ONECARE PLANS PARTICIPATING IN THE FINANCIAL ALIGNMENT INITIATIVE ('DUALS DEMONSTRATION') TO INTEGRATE BENEFITS AND CARE FOR MEDICARE-MEDICAID ENROLLEES. THE PLAN CONTRACTS WITH THE CENTER FOR MEDICARE AND MEDICAID SERVICES AND MASSHEALTH TO PROVIDE THE BENEFITS OF BOTH PROGRAMS TO LOW AND MODERATE INCOME INDIVIDUALS WITH DISABILITIES. (SEE SCHEDULE O)


RI MEDICAID


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Outside Vendors & Contractors

Vendor Name (Service)Compensation
Ntt Data Inc
Outsourcing
$4,125,185
Concentrix Solutions
Outside Labor
$1,824,514
Magellan Behavioral Health
Outsourcing
$1,621,335
Cotiviti Llc
Outsourcing
$1,528,921
Pricewaterhousecoopers Llp
Consulting
$2,320,352
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$2,713,185,449
Investment income $9,124,017
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $6,275,279
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $2,728,584,745

Grants Awarded

Over the last fiscal year, Tufts Health Public Plans Inc has awarded $257,500 in support to 14 organizations.

Grant RecipientAmount

Providence, RI

PURPOSE: Project GOAL/Central Falls Mini Pitch Build Initia

$50,000

ALLIANCE FOUNDATION FOR COMMUNITY HEALTH

Org PageRecipient Profile

Malden, MA

PURPOSE: Community-Based COVID Vaccination Day Sponsorship

$45,000

THE ELISHA PROJECT

PURPOSE: Elisha Project Share Market

$25,000

THE ELISHA PROJECT

PURPOSE: Elisha Project Share Market

$25,000

RHODE ISLAND KIDS COUNT INC

Org PageRecipient Profile

Providence, RI

PURPOSE: Children's Health Initiative & Breakfast

$22,500

LA SEGUNDA FOOD CORP

PURPOSE: Thanksgiving Dinner - Not a nonprofit organization with IRS. Proceeds went to a direct community benefit.

$22,000
View Grant Profile

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