Mercy Health Plans Inc

“Classes of members or stockholders the filing organization has a sole corporate member, mercy health plans of missouri, inc. The following corporate powers and responsibilities shall be reserved solely unto the corporate member: -to approve the mission and establish the philosophy according to which the corporation and any corporation controlled by the corporation shall operate; -to amend the articles of incorporation and bylaws of the corporation and to amend the articles of incorporation and bylaws of any corporation controlled by the corporation; -to appoint and remove members of the board of directors of the corporation and members of the board of directors of any corporation controlled by the corporation; -to nominate for appointment by the board or directors, and remove, the president of the corporation and the president of any corporation controlled by the corporation; -to approve or amend the strategic plan, goals, and objectives of the corporation and of any corporation controlled by the corporation; -to approve and amend the operating, capital and construction budgets for the corporation and of any corporation controlled by the corporation; -to lease or sell substantially all of the assets of the corporation or any corporation controlled by the corporation; -to encumber any or all of the assets of the corporation or any corporation controlled by the corporation; -to authorize and approve the incurrence of debt by the corporation or any corporation controlled by the corporation (other than debt incurred for the acquisition of goods in the ordinary course of business) and to grant any security interests, place any encumbrances, enter into any covenants, and execute any documents and take any actions necessary or appropriate in connection with the incurrence of such debt; -to merge, dissolve, or abandon the corporation or any corporation controlled by the corporation; and, -to approve the creation, ownership, or acquisition of, or affiliation with, any other organization by the corporation.”

“Description of practice re: documentation of mtgs & action of committees the bylaws provide the option of having committees. However, for the tax year ending 4/1/2022, there were no committees operating on behalf of the governing body.”

“Dscr the process used by management &/or governing body to review 990 the form 990 is prepared by an independent accounting firm using information provided by the filing organization. A draft form 990 is reviewed by the filing organization's finance team, including the vice president of finance. The draft form 990 is also reviewed by mercy health's tax department, to ensure accuracy and consistency with other related organizations' forms 990. After questions arising from the reviews are addressed and incorporated into the form 990, the form 990 is then signed and filed with the irs.”

“Description of process to monitor transactions for conflicts of interest officers, directors, key employees and other disqualified persons are required to complete a conflict of interest questionnaire annually and did so in the normal course for the year ended december 31, 2022. This process is administered at the mercy health level by mercy's corporate compliance department. The questionnaires are reviewed with leadership at the local level and potential conflicts discussed and resolved. The conflicts and their respective resolutions are shared at the mercy level with a team including mercy's chief financial officer, chief compliance officer and other members of finance, legal and hr.”

“Officers & positions for which process was used, & year process was begun for those classified as officers (and thus disqualified persons), the organzation relies upon mercy health, which uses the following to establish the compensation: external market salary surveys, external market salary studies, engagement of an independent compensation consultant, and review/approval of compensation by the compensation committee of the board of mercy health. Compensation reviews are completed on an annual basis, and a review was completed during the reporting year.”

“Avail of gov docs, conflict of interest policy, & fin stmt to gen public governing documents, conflict of interest policy, and financial statements are made available upon request as required.”

“Mercy health plans, inc. Dissolved in april 2022 and all activity has ceased. Form 990, part v, question 1a form 1099/1096 filing vendors for the filing organization are paid by mercy health (ein 43-1423050). As such, all required form 1099 and form 1096 reporting is made for the entire mercy health system (with limited exceptions) under the mercy health ein.”

“W-3 filing employees are paid by a related organization under a common paymaster arrangement. As such, required payroll filing (including w-2 and w-3's) is reported under the related organization, mhm support services, ein 20-2553101.”

“Other changes in net assets net transfers (to)/from affiliates $-2,455,354”

“Audit of financial statements the filing organization's financial statements were included in the mercy health annual financial statement audit. Mercy health and subsidiaries received an unqualified opinion from the external auditors for fiscal 2022 (parts of which are included in the tax year currently being reported). The ultimate responsibility for oversight of the financial statement audit and selection of the external auditor lies with the stewardship committee of the mercy health board of directors. Audit results are communicated to this committee.”