Mutual & Membership Benefit
Associated Health Assurance Ltd
ROBBINSDALE, MN
Total revenue
$5.7M
Total expenses
$4.8M
Net assets
$6.6M
Grants received
—
EIN
980343815
Tax year
2023
Mission
Associated health assurance, ltd is a captive insurance company which provides professional liability insurance and worker's compensation reimbursement coverage solely for north memorial health care, the tax exempt parent company.
Programs
1 program
Provided workers compensation and employers liability deductible insurance policy that covered north memorial health care's $750,000 per claim deductible with respect to its worker's compensation insurance policy that is carried by a different third-party insurance company ($15.875mm in annual aggregate). North memorial health care makes monthly workers' compensation payments to its insurance provider then submits a claim for reimbursement from associated health assurance for its insured deductible. 487 new workers' compensation indemnity claims and/or medical claims were made during the year. $956,315 was paid on new claims during the year, while $2,274,509 was paid on claims from prior policy years.
Financials
FY 2023
Revenue
Expenses
People
5 listed
CHIARA NANNINI
BOARD MEMBER
$5K
2 hrs/wk
KENT KLEPPE
PRESIDENT
—
2 hrs/wk
STEPH GALE
VICE PRESIDENT
—
2 hrs/wk
SARAH LUSHER
ALT. BOARD MEMBER
—
2 hrs/wk
CAROL BEEHLER
BOARD MEMBER
—
2 hrs/wk