IRS 990 Nonprofit Profile

New Hampshire Individual Health Plan Benefit Association

Overview

Protecting Granite Staters who participate in the individual health insurance market by providing a mechanism to equitably distribute the excess risk sometimes associated with this market. New Hampshire Individual Health Plan Benefit Association (the “Association”) is a not-for-profit organization established by the State of New Hampshire under Chapter 404-G of the New Hampshire Revised Statutes Annotated (“RSA 404-G”). The Association’s purpose is to protect the citizens of the state who participate in the individual health insurance market by providing a mechanism to equitably distribute the excess risk sometimes associated with this market. The Association previously made available individual health insurance to New Hampshire residents who are considered medically uninsurable or who otherwise qualify based on federal and state guidelines and currently supports the state’s M.

The New Hampshire Individual Health Plan Benefit Association (trade name: NH Health Plan) is a not-for-profit organization established by the State of New Hampshire to protect people participating in the state’s individual health insurance market by equitably distributing excess risk. Its statutorily defined role includes collecting assessments on behalf of the State in support of state health coverage initiatives, including the Granite Advantage Health Care Program and administering New Hampshire’s Reinsurance Program on behalf of the Department of Insurance.

Sector
Mutual/Membership Benefit
Faith identity / affiliation
Unknown
Official website
https://www.nhhp.org
Public contact
(603) 223-NHHP (6447) · {'value': None, 'evidence': [], 'confidence': 0.05}

Health Insurance Risk Sharing (new Hampshire)State Reinsurance Program AdministrationHealth Insurance Market SupportHealth Insurance Affordability/stabilization

Programs and Current Appeals

  • Granite Advantage Program

    State-mandated assessment collection supporting the Granite Advantage Health Care Program.

    Health Insurance Market Support · New Hampshire · United States · Ongoing

  • NH Reinsurance Program

    Administers reinsurance in New Hampshire’s individual market on behalf of the state insurance department.

    Health Insurance Affordability/stabilization · New Hampshire · United States · Ongoing

Places of Operation

Public sources identify operations or appeals in 1 place.

New Hampshire

Official Sources and Evidence

This profile summarizes 6 official source pages and 25 evidence items alongside IRS Form 990 data.

Financials

Filing year
2024
Total revenue
$68.2M
Total expenses
$68.2M
Total assets
$24.3M
Program expenses
$67.9M
Administration
$305K
Fundraising
$0
Program share of expenses
100%
EIN
20499340
Sector
Mutual/Membership Benefit
Location
Concord, NH

Leadership and Compensation

Leadership is reported as unpaid in the latest filing.

Christopher Kennedy - Chair
$0
Kathryn Skouteris - Vice-Chair
$0
Martha McLeod - Secretary
$0
Bruce King - Treasurer
$0
Gregg Daly - Board Member
$0
Michelle Heaton - Board Member
$0
Elaine Koskela - Board Member
$0
Bradley Long - Board Member
$0
Tu Nguyen - Board Member
$0
David Trudo - Board Member
$0

Officers, directors and key employees with total reported compensation, from Form 990 Part VII.

Governance

Voting board members
10
Independent members
10

Grants

Grants to U.S. organizations and individuals
$44.6M

www.nhhp.org

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Financial data on this page is sourced from IRS Form 990 filings.