Executive Compensation at Harvard Pilgrim Health (2024)

Harvard Pilgrim Health is often referred to as “Pilgrim Health,” a tax-exempt non-profit company that provides health insurance plans in the New England area as part of the Point32Health organization (which was formed when Harvard Pilgrim Health and Tufts Health Plan merged in 2021).  It is important to point out Pilgrim Health has 6 related tax-exempt organizations, 6 related organizations taxable as a partnership, and 12 related organizations taxable as a corporation or partnership. Collectively, the entire network serves approximately 2 million people with about 1 million associated with Pilgrim Health and 1 million with Tufts Health plan.

In 2024, Pilgrim Health reported $2.5 billion in revenue, most of which came from member premiums and fees.  Expenses totaled nearly $2.6 billion with the organization reporting a $185 million loss (but not to worry as the organization had nearly $400 million in net assets to cover the loss).  The largest expenses were benefits paid to members ($2.1 billion) followed by office expenses ($183 million) and compensation ($170 million).  Although Pilgram Health reported only having 5 employees who received $170 million, this appears to be incorrect.  The highly compensated employees below are compensated by Point32Health Services, Inc – a related Delaware taxable corporation:

• $4,574,652:  Cain Hayes, President and CEO (end 9/24)
• $1,739,964:  Philip Barr, EVP, President Markets
• $1,616,917:  Tracey Carter, SVP, Chief Actuary
• $1,440,867:  Pete Church, Chief People Officer
• $1,314,983:  Roland Price, Treasurer (end 10/11)
• $1,203,498:  R Scott Walker, CFO and President
• $1,137,084:  Mark Porter, Treasurer
• $1,116,741:  Kristen Lewis, Chief Public and Community Affairs Officer
• $1,109,473:  Umesh Kurpad, CFO (end 7/23)
• $  947,958:  Katie Catlender, COO (start 1/24)
• $  942,175:  Robert Williams, SVP, Business Performance
• $  871,497:  Dean Peasley, SVP, Operations (end 4/24)
• $  858,336:  Urcel Fields, SVP, President Gov’t Marketing (end 11/24)
• $  855,912:  Tisa Hughes, Former Clerk/Secretary
• $  790,085 :  Susan Kee, Clerk/Secretary
• $  533,336:  Eileen Auen, Director, Executive Chair (start 9/24)
• $  414,793:  Thomas Croswell, Former CEO
• $  232,740:  Patricia Howard, COO (end 5/23)

The 18 highly compensated employees listed above received $22 million in compensation in 2024.

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

• $1.5 million:  Klogix, of Brookline, MA for cyber security
• $0.8 million:  SEI-Boston, of Cincinnati, OH for consulting services
• $0.7 million:  Ropes Gray, of Boston, MA for legal services
• $0.6 million:  Deloitte Consulting, of Dallas, TX for consulting services
• $0.4 million:  Deloitte Touche, of Dallas, TX for consulting services

To read the Form 990 (2024), click here.