NH Health Plan (New Hampshire Health Plan Trade Name)
Overview
Mission
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.
What it reported doing in 2024
The Association collects assessments from its members on behalf the State of New Hampshire to support its New Hampshire Reinsurance Program, which was established as a mechanism to equitably distribute the excess risk associated with the individual health insurance market and to support the affordability and accessibility of health insurance in New Hampshire's individual health insurance market. The reinsurance program reimburses health plan issuers who offer comprehensive, major medical plans in New Hampshire's individual market that are part of a single-risk pool based on a percentage of annual claims that issuers incur for coverage under such plans.
Operating model
- Revenue model
- Mixed. Its operating money came from several sources; no one source provided a clear majority.
- Distribution model
- Grant intermediary. The nonprofit sent 66% of its reported program spending out as grants.
Nonprofit profile at a glance
- EIN
- 020499340
- IRS 990 coverage
- 2011–2024
- Website reviewed
- Jun 2026
- Forms available
- Form 990 2024
- Headquarters
- Concord, NH, USA
- Rating
- 88
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Mutual/Membership Benefit
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue and the website gives limited detail about important organizational relationships.
Rating breakdown
- Financial Efficiency: 100
- Transparency & Controls: 78
- Accountability: 92
- Sustainability: 28
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 99.6%; rating input score 100
- Program expense ratio: 99.6%; rating input score 100
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 71st percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: 100%; rating input score 100; 77th percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
- Public monitoring controls: 0 of 8 controls in place; rating input score 0
- Public policy transparency: 1 of 7 controls in place; rating input score 14
- Public financial transparency: 1 of 5 controls in place; rating input score 20
- Impact reporting controls: 2 of 7 controls in place; rating input score 29
- Public relationship transparency: No; rating input score 0
Accountability
- Independent voting board: 100%; rating input score 100; 76th percentile among comparable filings
- Governance controls: 7 of 7 controls in place; rating input score 100
- Public governance controls: 1 of 4 controls in place; rating input score 25
- Zakat policy transparency: Limited
Sustainability
- Operating margin: -0%; rating input score 27; 27th percentile among comparable filings
- Operating reserve ratio: 0.36; rating input score 12; 12th percentile among comparable filings
- Liabilities to assets ratio: 1; rating input score 6; 6th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 98; 98th percentile among comparable filings
Growth
- Program expense growth: 25.9% per year; rating input score 100; 95th percentile among comparable filings
- Revenue growth: 5.1% per year; rating input score 100; 44th percentile among comparable filings
- Asset growth: 8.5% per year; rating input score 100; 61st percentile among comparable filings
Details
- What they do: 2 programs and campaigns described on the official site · 1 operating location identified
- Where the money goes: 99.6% of revenue deployed · 99.6% of spending went to programs
- Governance: 10 of 10 board members independent · 7 of 7 filing controls reported
- Programs: 3 filed program accomplishments · $67.9M in reported program spending
- Leadership: top reported pay $0 · 13 people listed
- Consistency: 23 of 23 current checks pass
- Schedules: 5 filed schedules · includes major donors and grants
- Filing history: 11 annual filings from 2011 to 2024
- Money network: 3 filed money-flow records
- Related organizations: 3 filed related-organization links