Health First Health Plans Inc

“The sole member of health first health plans, inc. Is health first shared services, inc., a florida not-for-profit corporation that serves as the corporate parent of the health system.”

“Health first shared services, inc. (hfss), a section 501(c)(3) exempt organization and the parent of the exempt healthcare system, is the sole corporate member of the filing organization. The chairman of hfss's board has the power to appoint the members of the board for the plan.”

“After review and approval by the system vp corporate controller and executive vp chief financial officer of health first shared services, inc., the form 990 is sent to each member of the board of directors electronically for their review and approval prior to filing.”

“A copy of the conflict of interest policy is provided to all associates, including management, in which they review and electronically attest that they have agreed to the terms noted in the policy on an annual basis. In addition, senior leadership and bod members on an annual basis are required to complete a conflict of interest questionnaire prepared and monitored by the chief compliance officer. The questionnaire requires an attestation stating that the individual is free of conflicts should they not report anything of concern. These forms are tracked and kept on file. Should a conflict arise, the chief compliance officer investigates the issue and determines a course of action to ensure enforcement of the policy.”

“The compensation process is determined by the parent company. The parent company's process is as follows: the salaries of our ceo and other health first executives are reviewed and recommended annually to the board of directors and approved in executive session by the full board of health first. Health first contracts annually with a highly respected national consulting firm to provide these recommendations to ensure that our executives are compensated fairly and competitively when compared with similar roles in other healthcare organizations nationally. The compensation committee is independent for internal revenue code section 4958 for the individuals whose salary is reviewed. Minutes are kept for all board of directors and compensation committee meetings. The process is documented contemporaneously in the board and committee meetings.”

“Quarterly and annually consolidated financials and consolidated statistical information is filed electronically on www.dacbond.com and is available to the public. In addition, any requests made to the chief financial officer for the above referenced items are provided upon request in a timely manner. Copies of the governing documents and conflicts of interest policy is available upon request to the compliance officer. These documents are available for the same period of disclosure as set forth in irc section 6104(d).”

“Dividends to health first shared services, inc income tax expense 115.”

“The audit committee of health first health plans, inc., reviews and approves the annual audit and compliance audit plans then makes its report to the health first board of trustees. The audit committee is responsible for the selection of the independent auditors. There was no change from prior year.”