Organizations Filed Purposes:
HEALTHYCT'S MISSION IS TO MAKE A UNIQUE, MEANINGFUL CONTRIBUTION TO THE HEALTH AND WELL-BEING OF OUR MEMBERS AND THE COMMUNITIES WE SERVE.
TO OPERATE A MEMBER-GOVERNED HEALTH INSURANCE COMPANY
ENTRY OF THE LIQUIDATION ORDER AND ITS FINDING OF INSOLVENCY ACTIVATED CERTAIN OBLIGATIONS REGARDING HEALTH INSURANCE COVERAGE AND PAYMENT OF HEALTHYCT INSUREDS' COVERED CLAIMS UNDER ITS HEALTH PLAN POLICIES BY THE CONNECTICUT LIFE AND HEALTH INSURANCE GUARANTY ASSOCIATION ("CLHIGA"). HEALTH INSURANCE COVERAGE WAS PROVIDED BY CLHIGA TO ELIGIBLE HEALTHYCT INSUREDS UNDER HEALTHYCT'S REMAINING GROUP POLICIES FOR THE PERIOD COMMENCING JANUARY 1, 2017 THROUGH JANUARY 31, 2017 AT WHICH TIME ALL COVERAGE UNDER HEALTHYCT POLICIES TERMINATED PURSUANT TO CLHIGA'S GOVERNING STATUTE. NO FURTHER COVERAGE IS AVAILABLE FROM HEALTHYCT OR CLHIGA AFTER JANUARY 31, 2017.PURSUANT TO ITS GOVERNING STATUTES CLHIGA ASSESSED ITS MEMBERS TO COVERED CLAIMS OF HEALTHYCT INSUREDS, INCLUDING CLAIMS INCURRED PRIOR TO JANUARY 1, 2017 NOT YET PAID BY HEALTHYCT. CLHIGA IS ENTITLED TO RECEIVE JANUARY PREMIUM FROM THE REMAINING GROUP PLANS AND WILL PAY THE COVERED CLAIMS INCURRED BY THOSE INSUREDS DURING JANUARY 2017. CLHIGA ENTERED INTO A SERVICE AGREEMENT WITH HEALTHYCT'S REHABILITATOR ON DECEMBER 30, 2016 UNDER WHICH CLHIGA RETAINED HEALTHYCT AS ITS SERVICING AGENT WITH RESPECT TO ITS POLICY AND CLAIM PAYMENT OBLIGATIONS. UNDER THE AGREEMENT, HEALTHYCT CONTINUES TO ADMINISTER THE POLICIES AND PROCESS CLAIMS IN ACCORDANCE WITH THE TERMS OF THE POLICIES AND CLHIGA'S $500,000/PERSON STATUTORY LIMIT.
Executives Listed on Filing
Total Salary includes financial earnings, benefits, and all related organization earnings listed on tax filing
| Name | Title | Hours Per Week | Total Salary |
|---|
| Christopher Mf Masi | CHIEF FINANCIAL OFFICER | 40 | $332,125 |
| Tracy Corraro | V.P. FINANCIAL OPERATIONS | 40 | $271,487 |
| Scott Doucette | MANAGER OF IT APPLICATION DEVELOPMENT AND DATA SOL | 40 | $169,957 |
Data for this page was sourced from XML published by IRS (
public 990 form dataset) from:
https://s3.amazonaws.com/irs-form-990/201843189349311814_public.xml