Understanding AHIP Trade Association and Its Role

AHIP, or America's Health Insurance Plans, is a trade association that plays a crucial role in shaping the US health insurance landscape.

AHIP was founded in 1943, making it a well-established organization with a rich history.

One of AHIP's primary goals is to advocate for the health insurance industry, which includes health plans, insurance companies, and their agents.

AHIP works to promote policies that benefit the industry and its members, such as improving access to healthcare and reducing administrative costs.

As a trade association, AHIP represents the collective interests of its member companies, providing a unified voice on policy issues.

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AHIP represents the health insurance industry before policymakers and regulators in Washington, at the National Association of Insurance Commissioners, and in all 50 states.

The organization leverages relationships in the public and private sectors to raise awareness around critical issues facing health plans.

AHIP advocates for policies that align with the strategic priorities set by its Board of Directors.

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AHIP has been a leader in the healthcare industry for over 50 years, offering training and educational programs to hundreds of thousands of professionals worldwide.

Their self-study courses and professional designations are designed to enhance knowledge, skills, and career, and are continuously updated to provide the most up-to-date education.

AHIP's training courses have earned an exemplary reputation as a leader in the healthcare industry.

Research has shown that thousands of professionals return to AHIP conferences year after year to hear top speakers and engage in valuable networking opportunities.

AHIP's conferences feature best-in-class speakers and provide up-to-the-minute information.

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AHIP plays a crucial role in advocating for the health care industry, particularly in the face of major legislative and regulatory activity.

The organization represents the industry before policymakers and regulators in Washington, at the National Association of Insurance Commissioners, and in all 50 states.

AHIP leverages its relationships in the public and private sectors to raise awareness around critical issues facing health plans.

By doing so, AHIP advocates for policies that align with the strategic priorities set by the Board of Directors.

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AHIP's total revenues for the fiscal year 2023 were $89,427,994.

The association saw a 13.8% increase in total revenues compared to the previous year.

Program services made up a significant portion of AHIP's revenues, totaling $87,852,842 in 2023.

This represents a 14.5% increase from the $76,717,995 in program services revenue reported for 2022.

Investment income and dividends also saw a notable increase, rising by 34.6% to $752,559 in 2023.

AHIP's miscellaneous revenues more than quadrupled in 2023, reaching $432,167 from $192,099 in 2022.

Here is a breakdown of AHIP's total revenues for the fiscal year 2023:

AHIP has been quite active in providing grants to various organizations. The Kansas Chapter American Academy of Pediatrics received a grant of $138,117 in 2023-12 to provide community educational support during the Medicaid redetermination process.

The Arkansas Chapter American Academy of Pediatrics received a similar grant, also for $135,000 in 2023-12, for the same purpose. This suggests that AHIP is prioritizing community education in the context of Medicaid.

The West Virginia Chapter of American Academy of Pediatrics received a grant of $123,000 in 2023-12, again for community educational support during Medicaid redetermination. This is the third instance of a grant for this purpose in the data provided.

Here's a breakdown of the grants made by AHIP to the American Academy of Pediatrics chapters:

These grants demonstrate AHIP's commitment to supporting community education in the context of Medicaid.

Financials for AHIP reveal a 13.8% increase in total revenues from FYE 12/2022 to FYE 12/2023, reaching $89,427,994.

The organization's program services saw a significant boost, growing by 14.5% to $87,852,842. This suggests that AHIP's core activities are becoming more efficient and effective.

Investment income and dividends also increased by 34.6% to $752,559, indicating a healthy investment portfolio.

A notable decrease was seen in royalty revenue, plummeting by 100% to $0.

Miscellaneous revenues skyrocketed by 125% to $432,167, possibly due to successful fundraising events or partnerships.

Here's a breakdown of AHIP's total revenues for FYE 12/2022 and FYE 12/2023:

AHIP's organization is structured to effectively advocate for its members and the health insurance industry. It has a strong leadership team that sets the direction for the organization.

AHIP's president and CEO, Matt Eyles, has been leading the organization since 2015. He has a deep understanding of the industry and has been instrumental in shaping AHIP's policies and initiatives.

AHIP has a robust membership structure, with over 1,300 member companies representing every level of the health care system. These members include health insurance companies, pharmaceutical and biotechnology companies, and medical device manufacturers.

AHIP's board of directors is comprised of industry leaders who provide strategic guidance and oversight. The board is responsible for setting the organization's overall direction and making key decisions on policy and advocacy.

AHIP's staff is dedicated to supporting the organization's mission and goals. They work tirelessly to engage with policymakers, provide educational resources, and advocate for the interests of AHIP's members.

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AHIP's financial transparency is something to appreciate. The organization's financial statements show a significant increase in total revenues, from $78,597,996 in FYE 12/2022 to $89,427,994 in FYE 12/2023, a 13.8% growth.

Program services revenue made up the majority of AHIP's total revenue, accounting for $87,852,842 in FYE 12/2023. This represents a 14.5% increase from the previous year's $76,717,995.

AHIP's miscellaneous revenues also saw a substantial growth, increasing by 125% from $192,099 in FYE 12/2022 to $432,167 in FYE 12/2023. This is a notable contrast to the decline in royalty revenue, which dropped to $0 in FYE 12/2023 from $552,099 in FYE 12/2022.

Here's a breakdown of AHIP's total revenues in FYE 12/2023:

AHIP's Form 990s are also publicly available, providing insight into the organization's governance and financial practices. The most recent Form 990 for FYE 12/2022 was received by the IRS on November 15, 2023.