Gundersen Lutheran Health Plan Inc

“Gundersen lutheran health system, inc. Is the sole corporate member of this organization.”

“The sole corporate member, gundersen lutheran health system, inc. May elect the governing body.”

“Any decision by the corporation to disaffiliate with the gundersen lutheran health system, inc., whether through amendment to the articles of incorporation or otherwise; the repeal or amendment of the corporation's articles of incorporation or bylaws; the selection, appointment and removal of the corporation's president and chief operating officer; the guarantee by the corporation of any indebtedness in excess of one hundred thousand dollars ($100,000.00); the adoption of the corporation's annual operating budget; the election, removal and replacement of board members; and the merger, dissolution or liquidation of the corporation.”

“The form 990 is reviewed for completeness and accuracy by management. For this purpose, management includes the cfo and the accounting manager for gundersen lutheran health system, inc. The organization informs the board members that a copy of the form 990 is available for review prior to filing.”

“All health plan employees and committee members must review, complete, and sign a conflict of interest disclosure form on an annual basis as part of the mandatory education process. Board members are also sent a disclosure form to complete on an annual basis along with the employees and committee members. All disclosures are tracked and housed in compliance department. Further, if at any time an individual becomes aware of an actual, potential or perceived conflict of interest, the policy indicates that the individual shall immediately notify the compliance officer, who then reviews any disclosed conflicts to assess any risk and/or negative influence on the health plan and drafts proposed recommendations to any disclosed conflicts of interest. The compliance officer then provides the disclosed conflicts of interest(s) and proposed recommendation(s) to a conflict of interest review group for final review and determination regarding the recommendation. Once the conflict of interest review group makes its final determination with respect to the recommendation, the compliance officer shall communicate the recommendation to the employee and, when applicable, to the chairperson of any committee which may be referenced in the recommendation.”

“All personnel services for gundersen health plan, inc. Are performed by employees of gundersen lutheran administrative services, inc. The compensation of the ceo is determined annually by a committee made up of the community members of the board of trustees for gundersen lutheran health system, inc., the controlling member. Their determination is made after a review of market data obtained from several organizations and ceo performance. Meeting minutes are taken and kept of the meetings where such discussions take place. Recommendations for compensation for the organizations' key management employees are developed annually by the ceo, after a review of performance and comparable market data. The proposed salaries are independently reviewed by an outside auditing firm. The compensation recommendations, audit reports, along with the market data, are presented to a committee made up of the community members of the board of trustees of the gundersen lutheran health system, inc., the controlling member. The compensation amounts are not effective until the gundersen lutheran health system board approves them. Meeting minutes are taken and kept of the meetings where the board approval takes place.”

“Requests for all documents are made through the legal department and then appropriate documents are made available for inspection in the legal department.”

“Audited financial statements the organization received an independent audited financial statement prepared on a statutory basis and not on a generally accepted accounting principles basis.”

“Fund balances: the organization does not follow sfas 117. The financial statements are prepared on a statutory basis which does not follow generally accepted accounting principles.”

“Changes in net assets: partnership passthrough entity - 28,477”

“Audit process: the process allows the audit committee of gundersen lutheran health system, inc. To independently communicate with the external audit firm throughout the year, but formal communication occurs before the engagement and upon conclusion. The audit committee meets with the audit firm for presentation of the statements. The process has not changed from prior year.”