Attach to Form 990 or 990-EZ.
Information about Schedule O (Form 990 or 990-EZ) and its instructions is at| Return Reference | Explanation |
|---|---|
| FORM 990, PART VI, LINE 3 | AUTHORITY OVER CERTAIN MANAGEMENT FUNCTIONS RESIDES WITH THE BOARD OF DIRECTORS OF HEALTHPLUS PARTNERS, INC. THE BOARD HAS CONTROL OVER BUDGET AND POLICIES AND HAS THE AUTHORITY TO APPOINT ADDITIONAL PROFESSIONALS TO ASSIST IN PERFORMING ITS DUTIES. THROUGH A LEASE AGREEMENT WITH HEALTHPLUS PARTNERS, INC.'S PARENT COMPANY, CERTAIN ADMINISTRATIVE FUNCTIONS ARE TO BE PERFORMED BY HEALTHPLUS OF MICHIGAN, INC. WHICH INCLUDE ENROLLMENT, FINANCE, INFORMATION SERVICES, MEMBER SERVICES, PROVIDER SERVICES, ADVERTISING, MEDICAL MANAGEMENT, QUALITY IMPROVEMENT, CLAIMS PROCESSING, LEGAL SERVICES, AND COMPLIANCE. |
| FORM 990, PART VI, LINE 6 | Healthplus Partners, Inc. is a Michigan nonprofit stock company with all outstanding shares of stock held by the parent company, Healthplus of Michigan, Inc. |
| FORM 990, PART VI, LINES 7A & 7B | Healthplus Partners, Inc. is a Michigan nonprofit stock company with all outstanding shares of stock held by the parent company, Healthplus of Michigan, Inc. The business affairs of the company are under the direction of its board of directors, except that the following must be approved by its shareholder, Healthplus of Michigan, Inc.: Any amendment, restatement, or repeal of the articles of incorporation; Any encumbrance of, or granting a lien on, the assets of the company; The sale, lease, exchange or other disposition of all, or substantially all of the property and assets of the company, and merger or consolidation of the company with another entity; Any transfer of shareholder interests in the company, issuance of additional shares of the company, and the establishment of the consideration upon which additional shares may be issued; Dissolution of the company; And establishment of any entity which is solely or partially owned or controlled by the company. Healthplus of Michigan, Inc, as the sole shareholder of Healthplus Partners, Inc., appoints 4 members to the board of directors. The remaining directors are elected through a vote of the MEMBERSHIP. |
| FORM 990, PART VI, LINE 11B | THE FORM 990 IS PREPARED BY THE ORGANIZATION'S INDEPENDENT ACCOUNTANTS BASED ON INFORMATION PROVIDED BY THE ORGANIZATION. IT IS THEN REVIEWED BY THE ORGANIZATION'S CHIEF FINANCIAL OFFICER AND CONTROLLER BEFORE IT IS FINALIZED. THE GOVERNING BOARD WILL REVIEW A FINAL COPY OF THE FORM 990 SUBSEQUENT TO THE FILING OF THE RETURN. ANY NECESSARY AMENDMENTS WILL BE FILED WITHIN 30 DAYS OF THE ORIGINAL FILING OF THE FORM 990. |
| FORM 990, PART VI, LINE 12C | Conflict of interest statements are filled out and signed annually by the board of directors. The statements are reviewed by the CEO and chairman of the board of the parent company, Healthplus of Michigan, Inc. for potential conflicts. A director may announce if they believe a conflict exists and abstain from voting. If there is a question as to whether the conflict exists, the board or committee will go into executive session to determine if a conflict exists. |
| FORM 990, PART VI, LINES 15A & 15B | HEALTHPLUS PARTNERS DOES NOT COMPENSATE ANY OFFICIALS, AS THEY ARE PAID THROUGH THE PARENT COMPANY, HEALTHPLUS OF MICHIGAN. |
| FORM 990, PART VI, LINE 19 | Avail of Gov Docs, Conflict of Interest Policy, & Fin Stmts to Gen Public HEALTHPLUS PARTNERS, INC. MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. |
| FORM 990, PART VI, LINE 2A & PART VII, COLUMNS D & E | INDEPENDENT VOTING MEMBERS DIRECTORS ARE PAID FOR SERVICES PROVIDED TO THE ORGANIZATION AND RENDERED IN THEIR CAPACITY AS MEMBERS OF THE GOVERNING BODY. DIRECTORS WHO ARE REPORTED AS COMPENSATED BY A RELATED ORGANIZATION ARE PAID BY HEALTHPLUS OF MICHIGAN FOR SERVICES PROVIDED TO HEALTHPLUS OF MICHIGAN AS ONE OF ITS DIRECTORS. |
| FORM 990, PART IV, QUESTION 12 & PART XII, QUESTION 2 | FINANCIAL STATEMENTS to meet the requirements of the state of michigan, the financial statements have been prepared in conformity with accounting practices prescribed or permitted by the michigan department of insurance and financial services (difs), which practices differ from us general accepted accounting principles. the difs requires management to make estimates and assumptions that affect amounts reported in the financial statements. such estimates and assumptions could change in the future as more information becomes known, which could impact the amounts reported and disclosed. the financial statements for the tax year ended december 31, 2014 were prepared using the best information available. for the tax year ended december 31, 2013, the financial statements were reported using us general accepted accounting principles. |
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