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HIP of NY

Headquarters: 55 Water St.
New York, NY 10041
Phone: (800) HIP-TALK
Employees: 1,000+
CEO: Anthony Watson
Privately held

Website: http://www.hipusa.com

Visit website for career opportunities

HIP Health Plan of New York is the largest HMO in New York City based on membership with 1.4 million members. HIP provides health insurance coverage for New York State and federal employees and labor unions. Approximately 259,000 New York City employees, retirees and dependents are members.

HIP contracts with more than 160 hospitals, including major acute care institutions, in New York, Connecticut and Massachusetts to provide member services. Members have access to HIP contracted doctors practicing in large multi-specialty outpatient medical centers and outpatient medical centers associated with some of New York's leading hospitals, including Beth Israel Medical Center, St. Luke's-Roosevelt Hospital Center, St. Barnabas Hospital, Lenox Hill Hospital and Montefiore Medical Center, as well as private physicians practicing in their own offices.

HIP's total network of physicians and other providers, including the networks of subsidiaries, comprises more than 41,000 physicians and other providers in over 61,602 locations in New York, Connecticut and Massachusetts.

HIP plans to merge with GHI to form the largest health insurer based in New York State with over 4 million members and $7 billion in revenue. The deal is waiting for regulatory approval.

HIP acquired ConnectiCare, one of the largest health plans in Connecticut, in 2005 and Vytra Health Plans in 2001. The company also acquired Perfect Health Insurance in 2006, a provider of high-deductible health insurance policies in New York.

HIP was founded in 1947 as a group practice, pre-paid health plan providing low cost medical care to middle class workers through various medical centers with a limited product offering.

Benefits

The company offers competitive salaries, incentive compensation, merit, and recognition programs.

Employee benefits include generous paid time off including vacation, sick and personal days, 14 paid holidays, FREE medical, dental, optical, life insurance, short and long term disability, and both a pension plan and a 403(b) salary deferral plan. HIP also offers employees commuter benefits, college savings plans, discounted health club memberships, flexible spending accounts, and tuition assistance.

Updated April 30, 2008

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