Executive Compensation at America’s Health Insurance Plans, Inc (2023)

AHIP (America’s Health Insurance Plans, Inc) is one of those non-profits that most people haven’t heard of outside the healthcare lobbying world because the tax-exempt, non-profit organization is a 501 (c) 6 – a trade organization – whose members are health care insurance coverage providers  (insurance companies) who claim the organization is “committed to market-based solutions and public-private partnerships that make high quality coverage and care more affordable, accessible, and equitable for everyone.”  Sounds noble but I don’t know anyone who feels high quality care and coverage is affordable, accessible, and equitable for everyone.

AHIP raises about $90 million annually with most revenue predictably coming from memberships dues ($52 million), educational programs ad engagemet alliances($26 million), and conference sponsorship  and registration ($10 million).  Expenses are generally the same as revenue (although the organization has accumulated nearly $25 million in net assets) with the largest expenses reported to be compensation ($33 million), fees for services – primarily lobbying and consultants- ($28 million), travel and conferences ($8 million), office-related expenses ($8 million), and education and advocacy ($7 million).

152 employees received $33 million in compensation, which equates to an average compensation of $217,000.  However, only 95 employees received more than $100,000 annually which means there were some very highly compensated employees.  AHIP reported 12 of the most highly compensated employees received between $400,000 – $3 million in compensation in 2023:

• $2,892,767:  Matthew Eyles, President and CEO (thru 9/23)
• $  864,945:  John Mathewson, Chief Operating Officer
• $  791,688:  Julie Miller, General Counsel/Secretary, Interim CEO (beg 10/23)
• $  680,236:  Jeanette Thornton, EVP
• $  626,991:  Thomas Amontree, EVP
• $  615,328:  Mark Hamelburg, SVP
• $  548,449:  Dawn Eshelman, CFO
• $  486,905:  Aron Griffin, SVP
• $  455,904:  Michael Spector, Deputy GC and Interim GC (beg 10/23)
• $  446,721:  Miranda Motter, SVP
• $  438,113:  Robert Traynham, EVP (beg 4/23)
• $  434,157:  Sohini Gupta, EVP (beg 4/23)

The 12 employees listed above received more than $9 million in compensation in 2023.  Mathew Eyles, who was President and CEO thru September, 2023 was the most highly compensated employee who received nearly $3 million in compensation in 2023 and more than $11 million from 2018-2023:

Matthew Eyles:  Total Compensation 2018-2023:  $11 million

• 2023:  $2,892767
• 2022:  $2,199,573
• 2021:  $2,008,399
• 2020:  $1,679,550
• 2019:  $1,438,985
• 2018:  $  957,718

AHIP made gross up payments or provided tax indemnification.

65 independent contractors were received more than $100,000 in compensation.  The five most highly compensated were reported to be:

• $10 million:  Global Strategy Group, of NY, NY for advocacy
• $ 5 million:  Locust Street Group, of Washington, DC f0r advocacy
• $ 4 million:  Forj Software Group, of Waukesha, WI for learning management system services
• $ 1 million:  Diligent Heath Solutions, of Chesterfield, VA for insurance education call center
• $ 1 million:  Plus Communications, of Arlington, VA for advocacy

More than $16 million was paid to three organizations for advocacy (which appears to be lobbying).

In summary, AHIP is a trade organization for health insurance companies.  With a revenue stream of $90 million annually, AHIP spends most revenue on advocating or hiring organizations to advocate on behalf of its members:  health insurance companies. Employees are highly compensated with the average annual compensation over $200,000 in 2023, although the President and CEO received nearly $3 million in compensation in 2023 before he departed in September, 2023.

To read the IRS Form 990 (2023), click here.