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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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 2011 (PDF: 402.45 kb/ 83 pages)
- HealthPartners 2011 (PDF: 353.65 kb/ 74 pages)
- Itasca 2010 (PDF: 63.11 kb/ 2 pages)
- Medica 2010 (PDF: 339.53 kb/ 31 pages)
- MHP 2011 (PDF: 62.76Kb/ 2 pages)
- PreferredOne 2011 (PDF: 269.90 kb/ 42 pages)
- Prime West 2010 (PDF: 128.57 kb/ 2 pages)
- Sanford Health Plan (formerly Sioux Valley Health Plan) 2011 (PDF: 40.25 kb/ 1 page)
- South Country 2009 (PDF: 28.78 kb/ 1 page)
- UCare 2011 (PDF: 3.52mb/ 48 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 2009 (PDF:569.51kb/ 13 pages)
- Medica Health Plans 2011 (PDF: 1001.64 kb/ 21 pages)
- MHP 2008 (PDF: 948.84kb/ 21 pages)
- PreferredOne 2008 (PDF: 964.55 kb/ 22 pages)
- Prime West 2009 (PDF: 812.54 kb/ 14 pages)
- Sanford 2009 (PDF: 575.31 kb/ 15 pages)
- South Country Health Plan 2009 (PDF: 725.78 kb/ 17 pages)
- UCare 2010 (PDF: 1.08mb/ 20 pages)
2012 Statement of Revenue, Expenses & Net Income #1 and #1a:
- Blue Plus #1 (PDF: 14.76kb/ 2 pages)
- Blue Plus #1a (PDF: 23.14kb/ 1 page)
- Gundersen Lutheran Health Plan Minnesota #1 (PDF: 22.07kb/ 2 pages)
- Gundersen Lutheran Health Plan Minnesota #1a (PDF: 12.57kb/ 1 page)
- Group Health #1 (PDF: 21.21kb/ 2 pages)
- Group Health #1a (PDF: 13.11kb/ 1 page)
- HealthPartners #1 (PDF: 21.47kb/ 2 pages)
- HealthPartners #1a (PDF: 14.14kb/ 1 page)
- IMCare #1(PDF: 23.10kb/ 2 pages)
- IMCare #1a (PDF: 13.12kb/ 1 page)
- Medica #1(PDF: 27.13kb/ 2 pages)
- Medica #1a (PDF: 45.76kb/ 1 page)
- MHP #1(PDF: 27.13kb/ 2 pages)
- MHP #1a (PDF: 49.44kb/ 1 page)
- PreferredOne #1 (PDF: 22.97kb/ 2 pages)
- PreferredOne #1a (PDF: 12.63kb/ 1 page)
- PrimeWest #1(PDF: 23.09kb/ 2 pages)
- PrimeWest #1a (PDF: 14.98kb/ 1 page)
- Sanford Health Plan #1 (PDF: 21.65kb/ 2 pages)
- Sanford Health Plan #1a (PDF: 13.50kb/ 1 page)
- South Country Health Alliance #1 (PDF: 23.26kb/ 2 pages)
- South Country Health Alliance #1a (PDF: 13.67kb/ 1 page)
- UCare #1 (PDF: 23.27kb/ 2 pages)
- UCare #1a (PDF: 14.92kb/ 1 page)
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.
