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LIFE BENEFIT PLAN

BROOKLYN, NY · EIN 111708617 · Form 990 · FY2024 · Medium ($1M-$10M) · lifebenefitplan.com
revenue
$4.9M
expenses
$4.9M
net assets
$4.5M
employees
11
program ratio
0%
mission · from form 990

TO PROVIDE HOSPITAL, MEDICAL, DENTAL, OPTICAL, ACCIDENTAL DEATH AND DISMEMBERMENT INSURANCE.

profile · synthesized from sources

LIFE Benefit Plan is a healthcare benefits provider serving union members and labor organizations in New York for over 60 years. It operates as an ERISA-governed fund, offering medical, dental, optical, and accidental death and dismemberment insurance. The organization emphasizes personalized, community-based service and partners with national provider networks to deliver affordable, comprehensive coverage.

named programs · 5 · from sources

What they call their work

Accidental Death and Dismemberment Insurance
Offers AD&D coverage as part of the comprehensive benefits package for members
Dental Benefits
Offers flexible and affordable dental care options through a partnership with Healthplex, serving labor groups for nearly 40 years
Field Representative Support
Assigns HIPAA-certified field representatives to members for personalized assistance, available by phone or in-person at job or home locations
Medical Benefits
Provides access to hospital, surgical, emergency, and urgent care services through negotiated rates with participating providers in the MultiPlan PHCS Network
Optical Benefits
Provides eye care services through GVS, featuring a network of optical professionals offering patient care and on-time delivery
activities · 4 groups

What they do

  • Union and Association Benefit Funds 3 activities
    • Facilitates access to discounted healthcare services through provider networks
      Encourages members to use participating hospitals and surgical centers to receive discounted rates on medical services, improving affordability and access to care.
    • Provides health and accidental death insurance benefits to labor organizations and associations
      Offers hospital, medical, dental, optical, and accidental death and dismemberment insurance benefits to members of labor organizations and associations in both private and public sectors. These benefits are administered as part of a defined benefit plan.
    • Provides health insurance education and outreach to members
      Offers educational resources and support to members on health insurance terminology, coverage options, and changes related to health reform to improve understanding and utilization of benefits.
  • Health Insurance Enrollment Assistance 1 activity
    • Delivers direct member support through H.I.P.P.A.-certified Field Representatives
      Provides personal, on-the-ground support to members via H.I.P.P.A.-certified Field Representatives who are accessible by phone and conduct in-person visits at worksites or homes when necessary to assist with benefits-related needs.
  • Patient Portal and Digital Health Access 1 activity
    • Enables online management of healthcare claims and member profiles
      Allows members to access real-time healthcare claim status and manage personal profiles online through Tall Tree Administrators, a third-party administrator.
  • Telehealth and Urgent Care Access 1 activity
    • Provides guidance on appropriate use of emergency and urgent care services
      Directs members to use emergency rooms for life-threatening conditions such as chest pain, trauma, and trouble breathing, and recommends urgent care centers for non-life-threatening issues like earaches, sprains, and mild fevers.
financials · form 990 · fy2024
revenue
Total revenue$4.87M
Contributions & grants$00%
Program service revenue$4.80M99%
Investment income$33K1%
Other revenue$37K
expenses
Total expenses$4.90M
Program expenses0%
Admin / overhead0%
Fundraising0%
Salaries & benefits$1.79M
Grants paid out$0
Largest expense lineCompensation
balance sheet
Total assets$5.18M
Cash$3.98M
Investments$344K
Liabilities$678K
Net assets$4.50M
Liquid reserves10.6 mo
3 years on record · 2020–2024 · YoY revenue +0.2%
leadership · form 990 part vii · fy2024

Who runs it

paid leadership · 5
NameTitleHours/wkCompensation
JOHN N MONGELLO FUND ADMINISTRATOR 47 $422K
CHRISTOPHER L KUEHNE DIRECTOR OF LABOR 33 $282K
JESSICA GAMBINO OFFICE MANAGER 37 $205K
DINA CHICLANA Trustee 6 $117K
ELLA DUPREE NV - TRUSTEE 8 $49K
relationships · 8

Who they work with

  • EmblemHealth Partner — Provides insurance plans, primary and specialty care, and wellness solutions to members in the New York tristate area.
  • GVS Partner — Provides eye care services through a network of optical experts for members and their families.
  • Healthplex Partner — Provides flexible, affordable dental care options for labor groups.
  • MultiPlan PHCS Network Network — Primary provider network offering in-network services to members.
  • Tall Tree Administrators Partner — Processes healthcare claims and provides real-time claims information and online profile management for members.
  • U.S. Department of Justice Government — Governed under the jurisdiction of the U.S. Department of Justice as an ERISA fund.
  • U.S. Department of Labor Government — Subject to oversight and audits by the U.S. Department of Labor as an ERISA fund.
  • community-hired personnel Partner — Employs locally hired staff to provide personalized service to members.
strategies · 3

How they approach the work

Named approaches extracted from this org’s sources. Where others share an approach, follow it to see the full set of orgs running it.

  • Community-Based Personal Service
    methodology: community_based_personal_service
    By employing locally hired, HIPAA-certified Field Representatives, the organization delivers accessible and trusted support, because local, personalized service builds member trust and improves utilization of benefits.
  • Customized Local Healthcare Access
    methodology: customized_local_healthcare_access
    By tailoring health plans to members' specific needs and local provider availability, the organization improves access and relevance of care, because localized customization increases member engagement and plan effectiveness.
  • Network-Based Cost Reduction
    methodology: network_based_cost_reduction
    By negotiating discounted rates with a large network of providers, the organization reduces healthcare costs for members who use in-network services, because leveraging collective bargaining power increases affordability and access.