Health Insurance Plan of Greater New York
Public records show a registered, tax-exempt organization in good standing.
What it says it does
HIPGNY'S MISSION IS TO CREATE HEALTHIER FUTURES FOR ITS CUSTOMERS AND COMMUNITIES. HIPGNY WORKS ALONGSIDE ITS CUSTOMERS TO OFFER ACCESS TO HIGH-QUALITY, AFFORDABLE CARE, HELP NAVIGATE THE HEALTH CARE EXPERIENCE, AND MAKE GOOD HEALTH ACHIEVABLE.
- Income
- $4.7 billion
- Spending
- $4.7 billion
- Employees
- 2,095
- Volunteers
- 0
- Highest pay
- $5.3 million, chief executive officer
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. How we rate
Financial health
We do not score finances when yearly spending is very small or the return has too little detail. The ratios stop meaning much at that size.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. How we rate
Governance
This return does not answer enough of the governance questions to score.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. How we rate
Impact evidence
Describes programs. Its tax return describes what it does but we have found no measurable results in it.
Programs described in its return (4)
- $2.1 billion spent. SUBSCRIBER BENEFITS - HIPGNY IS A NOT-FOR-PROFIT CORPORATION THAT ARRANGES FOR THE PROVISION OF COMPREHENSIVE MEDICAL AND HEALTH CARE SERVICES FOR ITS SUBSCRIBERS/MEMBERS (INCLUDING HEALTH CARE SERVICES TO MEDICARE AND MEDICAID MEMBERS) WHICH IS AN EXEMPT FUNCTION. IN 2024, HIPGNY PROVIDED SERVICES (ACROSS ALL SERVICE LINES) TO APPROXIMATELY 244,000 MEMBERS.
- $1.3 billion spent. MEDICAID - HIPGNY SERVED APPROXIMATELY 254,000 MEDICAID MEMBERS. HIP HAS BEEN SERVICING THE MEDICAID POPULATION SINCE 1967 (WITH THE PASSAGE OF FEDERAL LEGISLATION AUTHORIZING THIS PROGRAM) AND HAS AN EXTENSIVE PROGRAM IN PLACE TO ENCOURAGE PREVENTIVE MEDICAL CARE.
- $782.3 million spent. MEDICARE - HIPGNY SERVED APPROXIMATELY 47,000 MEDICARE MEMBERS THROUGH ITS MEDICARE RISK AND COST CONTRACT PROGRAMS.
- THE ORGANIZATION NOTES THAT THE ALLOCATION OF PROGRAM SERVICE EXPENDITURES REPORTED ON PART III OF THE FORM 990 IS DERIVED FROM HIPGNY'S STATUTORY FINANCIAL STATEMENTS (STAT) - ANALYSIS OF OPERATIONS BY LINES OF BUSINESS. THE FORM 990 IS PREPARED IN ACCORDANCE WITH GENERALLY ACCEPTED ACCOUNTING PRINCIPLES (GAAP); ACCORDINGLY, THERE MAY BE ADDITIONAL ALLOCATIONS OF EXPENDITURES TO ACHIEVE CONFORMITY BETWEEN THE GAAP AND STAT REPORTS. FORM 990, PART V, LINE 1A AND PART VII, INDEPENDENT CONTRACTORS: THE TOTAL NUMBER OF INDEPENDENT CONTRACTORS REPORTED ON PART V, LINE 1A REPRESENTS THOSE VENDORS THAT RECEIVED A 1099 DIRECTLY FROM HIPGNY'S EIN#. THE ORGANIZATION'S DISREGARDED ENTITY, EMBLEMHEALTH SERVICES COMPANY, LLC., FILED SOME FORMS 1099S ON BEHALF OF HIPGNY. HIPGNY, AS A PART OF ITS BUSINESS, UNDERTAKES A SIGNIFICANT AMOUNT OF CLAIMS PROCESSING; IN 2024, HIPGNY ISSUED 0 1099S AND EMBLEMHEALTH SERVICES COMPANY, LLC (HIPGNY'S DISREGARDED ENTITY), ISSUED 1,760 1099S AS A RESULT OF ITS CLAIMS PROCESSING ACTIVITIES AND BROKERS. THE 1099S FOR THE CLAIMS PROCESSING ARE NOT REPORTED ON LINE 1(A) BUT ARE DISCLOSED HERE IN THE INTERESTS OF FULL DISCLOSURE. IN TOTAL, HIPGNY AND EMBLEMHEALTH SERVICES PAID COMPENSATION EXCEEDING $100,000 TO 106 VENDORS IN 2024. FORM 990, PART V, LINE 2(A): HIPGNY DOES NOT FILE A FORM W-3 AS ALL EMPLOYEE PAYROLL IS PAID OUT OF EMBLEMHEALTH SERVICES. IN THE INTERESTS OF CLARITY, HIPGNY IS DISCLOSING THAT 2,095 EMPLOYEES RECEIVED W-2S FROM EMBLEMHEALTH SERVICES (OSTENSIBLY FOR SERVICES RENDERED TO HIPGNY AND TO OTHER AFFILIATED ENTITIES).
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. How we rate
Legitimacy checks
Is it registered with the IRS? Passed.
Listed in the IRS master file of tax-exempt organizations as a 501(c)(4) social welfare organization.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Has the IRS revoked its tax-exempt status? Passed.
Not on the IRS automatic revocation list.
Source: Automatic revocation of exemption list, Internal Revenue Service, file dated October 13, 2026.
Are donations tax-deductible? Passed.
On the IRS list of organizations eligible to receive tax-deductible contributions.
Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated October 13, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending December 2024.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since February 2004.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Is it in good standing with state regulators? Passed.
Not on California's list of charities barred from soliciting. Other states are not yet checked.
Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 21, 2026.
Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.