IRS Form 990 · EIN 46-5270582

Mdwise Marketplace Inc

Indianapolis, IN 46204-3910 · Tax year 2020

NTEE E31Group Health PracticeOriginal filing PDF →

Mission

MDwise Marketplace, Inc. offered qualified products on the Federally Facilitated Health Insurance Marketplace targeted toward individuals who do not qualify for Indiana Medicaid programs. Services have been discontinued and the organization is in a period of claims run-out.

$9.8M
Total revenue
$9.9M
Total expenses
$-156K
Net income
-1.6%
Operating margin

Programs

Key program service accomplishments from Part III

Services offered by MDwise Marketplace, Inc. have been discontinued and the organization is in a period of claims run-out. MDwise Marketplace, Inc. offered qualified products on the Federally Facilitated Health Insurance Marketplace, formed with the introduction of the Affordable Care Act, to cover individuals who do not qualify for Indiana Medicaid programs. These plans were subject to individual premiums and cost sharing for residents ages 0-64. Marketplace administered three different levels of plans through the exchange: Gold, Silver, and Bronze. Depending on the individual income levels, individuals may have qualified for federal subsidies.

Financial summary

Total revenue
$9.8M
Contributions + grants
Program service revenue
$9.8M
Total expenses
$9.9M
Program expenses
Administrative expenses
Fundraising expenses
Net income
$-156K
Total assets
$1.6M
Total liabilities
$108K
Net assets
$1.5M