Northeast Health Partners LLC

“Delegation of duties: northeast health partners (nhp) engaged carelon (fka beacon health options) for administrative and management services effective july 1, 2018. During fiscal year ending 2024, nhp paid beacon $6,757,525 for administrative and management services.”

“New operating agreement was put in place effective 1/1/2023 to coincide with requirements of sb 22-106 of the c.r.s.”

“Organization's members or stockholders: northeast health partners (nhp) has four equal members, all non-profit organizations. Each member has the right to select one voting member of the board of managers. Each member has the right to participate in the management and affairs of the company as permitted by the operating agreement. A supermajority of the members is required to alter, amend or repeal the articles of incorporation and the operating agreement. Members have the right to participate in the management and affairs of the company as permitted by the operating agreement.”

“Organization's members or stockholders: northeast health partners (nhp) has four equal members, all non-profit organizations. Each member has the right to select one voting member of the board of managers. Each member has the right to participate in the management and affairs of the company as permitted by the operating agreement. A supermajority of the members is required to alter, amend or repeal the articles of incorporation and the operating agreement. Members have the right to participate in the management and affairs of the company as permitted by the operating agreement.”

“The form 990 is prepared by a third party preparer with a detail review of the draft completed by the cfo of the organization. A final copy of the form 990 is made available to the board of directors before the return is filed with the irs.”

“Northeast health partners has a conflict-of-interest policy in place to ensure the organization will not favor any of the member providers over any provider in the region. In addition, the policy is in place for directors and officers to ensure that any interest that competes with the interest of the organization will be fully disclosed. Annual disclosure as well as self reporting of any conflicts that arise required under the policy.”

“The board of directors reviews the ceo's performance on an annual basis. Feedback is sought from all board members as well as management staff of the organization. This process is lead by the chair of the board. This was last completed in 2022.”

“The management documents, conflict of interest policy, and financial statements are made available to the public upon request.”

“Change in unrealized loss on fixed maturity securities -3,982.”