Financial
The Minnesota Department of Health contracts with the Minnesota Department of Commerce to review all financial statements, annual reports, and select premium rates for all managed care entities that we regulate. These products include individual (non-group) plans, conversion plans, small employer plans and Medicare related plans. We review for compliance with applicable state laws governing loss ratios, index rates, claims, community rating and actuarial justification. An HMO cannot market a health plan or charge a premium without approval from the Minnesota Department of Health.
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Adobe Acrobat Reader (free download from Adobe's website).
Most Recent IRS 990 Filing with Executive Compensation. If a form 990 was not filed, a list of the five highest salaries, including all types of compensation, over $50,000 is posted.
- Blue Plus 2010 (PDF: 2.10 mb / 25 pages)
- Group Health Plan 2010 (PDF: 436.79 kb/ 74 pages)
- HealthPartners 2010 (PDF: 419.24 kb/ 70 pages)
- Itasca 2010 (PDF: 63.11 kb/ 2 pages)
- Medica 2010 (PDF: 339.53 kb/ 31 pages)
- MHP 2010 (PDF: 57.965Kb/ 2 pages)
- PreferredOne 2009 (PDF: 9.63 mb/ 30 pages)
- Prime West 2010 (PDF: 128.57 kb/ 2 pages)
- Sanford Health Plan (formerly Sioux Valley Health Plan) 2010 (PDF: 40.71 kb/ 1 page)
- South Country 2009 (PDF: 28.78 kb/ 1 page)
- UCare 2010 (PDF: 3.58mb/ 50 pages)
Most Recent Financial Examination:
- Blue Plus (PDF: 1.02mb/ 22 pages)
- Group Health 2009 (PDF:1.45 mb/ 29 pages)
- HealthPartners 2009(PDF:1.45 mb/ 29 pages)
- Itasca Medical Care 2005 (PDF:618.91kb/ 15 pages)
- Medica Health Plans 2008 (PDF: 1.01 md/ 23 pages)
- MHP 2008 (PDF: 948.84kb/ 21 pages)
- PreferredOne 2008 (PDF: 964.55 kb/ 22 pages)
- Prime West 2006 (PDF: 799.37 kb/ 17 pages)
- Sanford 2009 (PDF: 575.31 kb/ 15 pages)
- South Country Health Plan 2009 (PDF: 725.78 kb/ 17 pages)
- UCare (PDF: 1.04mb/ 22 pages)
2010 Statement of Revenue, Expenses & Net Income:
- Blue Plus (PDF: 22.91kb/ 2 pages)
- Group Health (PDF: 21.91kb/ 2pages)
- HealthPartners (PDF: 21.51kb/ pages)
- IMCare (PDF: 23.43kb/ 2 pages)
- Medica (PDF: 23.67kb/ 2 pages)
- MHP (PDF: 22.48kb/ 2 pages)
- PreferredOne (PDF: 22.55kb/ 2 pages)
- PrimeWest (PDF: 23.98kb/ 2 pages)
- Sanford Health Plan (PDF: 21.75kb/ 2 pages)
- South Country Health Alliance (PDF: 22.63kb/ 2 pages)
- UCare (PDF: 22.98kb/ 2 pages)
To view all other financial, quality, enrollment reports for each plan click here.
For more information, or to file a complaint, contact the MCS at 651-201-5100 or 1 800-657-3916.