TIN:
SCHEDULE O
(Form 990)
Department of the Treasury
Internal Revenue Service
(Form 990)
Department of the Treasury
Internal Revenue Service
Supplemental Information to Form 990 or 990-EZ
Complete to provide information for responses to specific questions on
Form 990 or 990-EZ or to provide any additional information.
Attach to Form 990 or 990-EZ.
Go to www.irs.gov/Form990 for the latest information.
OMB No. 1545-0047
2021
Open to Public
Inspection
Inspection
Name of the organization
HNE OF CONNECTICUT INC
Employer identification number
46-5190134
46-5190134
| Return Reference | Explanation |
|---|---|
| FORM 990, PART III, LINE 2 | IN 2021, HEALTH NEW ENGLAND FUNDED PROGRAMS THAT SERVED THE NEEDS OF SPECIFIC VULNERABLE AND LOW-INCOME COMMUNITIES WITHIN OUR SERVICE AREA AND ALIGN WITH THE HEALTH PRIORITIES AND SOCIAL AND ECONOMIC DETERMINANTS OF HEALTH AS IDENTIFIED BY THE 2019 CHNA. THE 2021 "WHERE HEALTH MATTERS" GRANT PROGRAM TARGETED THREE PRIORITY AREAS: CHRONIC CONDITIONS, MEETING BASIC NEEDS, AND SOCIAL ENVIRONMENT, AS IDENTIFIED BY THE 2019 CHNA. IN OCTOBER 2021, $400,000 WERE AWARDED TO THREE COMMUNITY NONPROFIT ORGANIZATIONS. GIRLS ON THE RUN WESTERN MA (GOTR) RECEIVED $100,000 IN FUNDING OVER TWO YEARS TO SUPPORT THEIR "EXPANSION OF GIRLS ON THE RUN PROGRAM". OVER THE NEXT 2-YEARS GOTR WILL DOUBLE THEIR PROGRAMMING WITH THE GOAL OF IMPROVING PHYSICAL AND SOCIAL EMOTIONAL HEALTH OUTCOMES AMONG 3-8TH GRADE GIRLS IN CHICOPEE, HOLYOKE, AND SPRINGFIELD SCHOOLS. THE CARE CENTER RECEIVED $150,000 IN FUNDING OVER 3 YEARS TO SUPPORT THE "ROQUE HOUSE AND CULTURAL CENTER". OVER THE NEXT 3 YEARS, THE CARE CENTER WILL PROVIDE A STABLE, INSPIRING, AND SAFE HOME FOR YOUNG FAMILIES BY SUPPORTING A LIVE-IN ARTIST AND COUNSELOR TO SUPPORTING A VIBRANT LEARNING COMMUNITY OF YOUNG MOTHERS IN THE PROCESS OF ATTAINING THEIR COLLEGE DEGREE. WELLSPRING RECEIVED $150,000 IN FUNDING OVER 3 YEARS TO SUPPORT THE "GO FRESH MOBILE MARKET PROGRAM". OVER THE NEXT 3 YEARS, GO FRESH MARKET WILL 1) DOUBLE THE NUMBER OF PEOPLE IT PROVIDES ACCESS TO FRESH, HEALTHY, LOCAL FOODS; 2) ENACT A PILOT PROGRAM TO EXPAND THE GO FRESH FARMERS MARKET THROUGHOUT WINTER PROVIDING YEAR-ROUND ACCESS TO HEALTH FOODS; 3) PARTNER WITH LOCAL HEALTH CLINICS TO ESTABLISH A FOOD REFERRAL PROGRAM THAT MEETS THE NEEDS OF PATIENTS WITH CHRONIC CONDITIONS THROUGH EDUCATION AND ACCESS TO HEALTHY FOODS; AND 4) CONTINUE TO SUPPORT MINORITY AND IMMIGRANT FARMERS VIA THE WELLSPRING HARVEST GREENHOUSE PROGRAM IN THE INDIAN ORCHARD NEIGHBORHOODS. HEALTH NEW ENGLAND AWARDED $200,000 IN COVID-19 MINI GRANTS TO 67 LOCAL NON-PROFIT ORGANIZATIONS. ORGANIZATIONS COULD RECEIVE UP TO $5,000 FOR PROGRAMS AND HEALTH NEW ENGLAND AWARDED AN AVERAGE GRANT AMOUNT OF $3,000. ALL FUNDED PROGRAMS SUPPORTED THE MOST VULNERABLE COMMUNITIES IMPACTED BY THE PANDEMIC, AND FOCUSED ON ADDRESSING ACCESS TO HEALTHY FOODS, CHILD CARE, CHRONIC CONDITIONS, COVID-19 VACCINE EDUCATION AND OUTREACH, DIGITAL DIVIDE, EDUCATION, HOUSING NEEDS, LACK OF RESOURCES TO MEET BASIC NEEDS, MENTAL HEALTH AND SUBSTANCE USE, PEDIATRIC/ADOLESCENT ISOLATION AND ANXIETY DUE TO COVID, AND PREVENTATIVE HEALTH (I.E. PHYSICAL ACTIVITY & NUTRITION). |
| FORM 990, PART III, LINE 4A, DESCRIPTION OF PROGRAM SERVICE: | HNE OF CONNECTICUT WAS LICENSED AS A HEALTH CARE CENTER (HMO) UNDER CHAPTER 698A OF THE CONNECTICUT GENERAL STATUTES IN 2014. SINCE JANUARY 1, 2015, THE ORGANIZATION'S MAIN ACTIVITY WAS TO OFFER, THROUGH THE MEDICARE ADVANTAGE PROGRAM, LOW COST, HIGH QUALITY HEALTH CARE COVERAGE TO PERSONS ELIGIBLE FOR MEDICARE. EFFECTIVE JANUARY 1, 2018 THE ORGANIZATION CEASED OFFERING COVERAGE THROUGH ITS MEDICARE ADVANTAGE PROGRAM, BUT CONTINUES TO REMAIN IN EXISTENCE. MEDICARE ENROLLEES: 0 REVENUE: $0 PROGRAM EXPENSE: $0 THE MEDICARE ADVANTAGE PROGRAM INVOLVED A NUMBER OF INTERRELATED ACTIVITIES, SUCH AS: 1) SELECTION AND CREDENTIALING OF A NETWORK OF HEALTH CARE PROVIDERS CAPABLE OF PROVIDING COMPREHENSIVE HEALTH CARE SERVICES; 2) MONITORING AND PROMOTING THE QUALITY OF CARE PROVIDED; 3) OFFERING PREVENTIVE HEALTH CARE AND WELLNESS SERVICES AND HEALTH EDUCATION THAT SUPPLEMENT BASIC MEDICARE COVERAGE; 4) PROVIDING SERVICES TO COORDINATE AND ENHANCE CARE FOR INDIVIDUAL'S WITH SEVERE OR CHRONIC ILLNESS; 5) OFFERING SERVICES ALLOWING ENROLLEES TO MAKE INQUIRIES AND OBTAIN INFORMATION ABOUT AVAILABLE HEALTH CARE SERVICES, SUBMIT QUESTIONS AND COMPLAINTS ABOUT SERVICE FROM THE ORGANIZATION OR FROM PROVIDERS, ETC. IN ADDITION TO ITS OWN DIRECT SERVICE PROGRAMS, HNE OF CONNECTICUT, WITH AND AS A SUBSIDIARY OF ITS SOLE MEMBER (HNE), HAS WORKED WITH A WIDE VARIETY OF COMMUNITY ORGANIZATIONS TO SUPPORT PROGRAMS FOR HEALTH IMPROVEMENT AND COMMUNITY BENEFIT, SUCH AS: - PUBLIC HEALTH INSTITUTE OF WESTERN MA: PUBLIC HEALTH INSTITUTE OF WESTERN MA (PHIWM) IS A NONPROFIT ORGANIZATION COMMITTED TO IMPROVING THE PUBLIC'S HEALTH BY EDUCATING COMMUNITY PARTNERS, FOSTERING INNOVATION, LEVERAGING RESOURCES, AND BUILDING PARTNERSHIPS ACROSS SECTORS, INCLUDING GOVERNMENT AGENCIES, COMMUNITIES, THE HEALTH CARE DELIVERY SYSTEM, MEDIA, AND ACADEMIA. PHIWM USES A COLLABORATIVE PROGRAMMING APPROACH TO SOLVE PRESSING COMMUNITY HEALTH ISSUES. - PIONEER VALLEY ASTHMA COALITION: A COMMUNITY PARTNERSHIP THAT WORKS TO IMPROVE THE QUALITY OF LIFE FOR INDIVIDUALS, FAMILIES AND COMMUNITIES AFFECTED BY ASTHMA. THE PVAC WAS FORMED TO ADDRESS ASTHMA FROM A COMMUNITY, HOLISTIC PERSPECTIVE, BRINGING TOGETHER A VARIETY OF GROUPS TO ADDRESS THE MANY FACTORS THAT IMPACT ASTHMA, INCLUDING: HEALTHCARE ORGANIZATIONS (E.G. BAYSTATE HEALTH), HEALTH PLANS, LOCAL AND STATE PUBLIC HEALTH AGENCIES, HOUSING ORGANIZATIONS, COMMUNITY AGENCIES, ACADEMIC INSTITUTIONS, COMMUNITY MEMBERS, AND A VARIETY OF OTHER TYPES OF ORGANIZATIONS WITHIN THE COMMUNITY. HNE OF CONNECTICUT, WITH AND AS A SUBSIDIARY OF ITS SOLE MEMBER (HNE) COMMUNITY BENEFITS PROGRAM IS INTENDED TO HELP PEOPLE ATTAIN THEIR FULL HEALTH POTENTIAL AND REDUCE BARRIERS THAT CAUSE DISADVANTAGES DUE TO SOCIAL DETERMINANTS OF HEALTH FACTORS THAT ADVERSELY AFFECT THE HEALTH OF THE COMMUNITY. THE PROGRAM SEEKS TO POSITIVELY IMPACT SEVERAL HEALTH PRIORITY AREAS: BUILT ENVIRONMENT (FOOD INSECURITY, HOUSING, TRANSPORTATION); CARE COORDINATION; CHRONIC CONDITIONS; MENTAL HEALTH AND SUBSTANCE USE DISORDER; AND THE NEED FOR INCREASED PHYSICAL ACTIVITY AND A HEALTHY DIET. ADDITIONALLY, THE OVERALL PROGRAM ADDRESSES SEVERAL SOCIAL DETERMINANTS OF HEALTH: LACK OF RESOURCES TO MEET BASIC NEEDS (SAFE NEIGHBORHOODS, POVERTY, AND EMPLOYMENT), EDUCATIONAL ATTAINMENT AND LITERACY, AND INSTITUTIONAL RACISM. HNE OF CONNECTICUT, WITH AND AS A SUBSIDIARY OF ITS SOLE MEMBER (HNE), ALSO SUPPORTS HEALTH NEW ENGLAND ALSO SUPPORTS THE BAYSTATE COLLABORATIVE PROBLEM SOLVING (CPS) TRAINING PROGRAM THROUGH THE BAYSTATE HEALTH FOUNDATION. IMPLEMENTATION OF THE CPS MODEL WILL HELP HOSPITAL STAFF, FAMILIES AND YOUTH TO DEVELOP SKILLS TO BETTER MANAGE THE CHALLENGES ASSOCIATED WITH PEDIATRIC BEHAVIORAL HEALTH PATIENTS BEING TREATED ACROSS THE BAYSTATE CHILDREN'S HOSPITAL CONTINUUM OF CARE. USE OF RESTRICTIVE INTERVENTIONS IN THESE SETTINGS WILL BE DECREASED AND QUALITY OF CARE WILL BE IMPROVED. HNE, INCLUDING ITS SUBSIDIARY HNE OF CONNECTICUT, HAS ALSO WORKED WITH PARTNER AGENCIES AND ORGANIZATIONS IN SUPPORT OF PROGRAMS RELATED TO THE FOLLOWING HEALTH PRIORITIES, DETERMINANTS OF HEALTH, AND SPECIFIC TARGET POPULATIONS: 1) THE FOOD BANK OF WESTERN MA COMPLETED YEAR 2 IN THE "FOOD INSECURITY SCREENING AND REFERRAL INITIATIVE" THAT SERVES FOOD INSECURE PATIENTS WHO SCREEN POSITIVE FOR FOOD INSECURITY, BUT DO NOT QUALIFY FOR MASSHEALTH FLEXIBLE SERVICES (FS) BECAUSE THEY DO NOT FALL MEET SPECIFIC QUALIFICATIONS. 2) CLINICAL & SUPPORT OPTIONS COMPLETED YEAR 2 IN THE "FRIENDS OF THE HOMELESS CARE COORDINATION SUPPORT" PROGRAM AND ESTABLISH A TRIAGE NURSING SERVICE LOCATED AT THE FRIENDS OF THE HOMELESS (FOH) SHELTER. THE NURSE WILL PROVIDE HEALTH ASSESSMENT, CARE COORDINATION AND TRIAGE OF ACUTE PROBLEMS AS A "SECOND SHIFT" PROGRAM DURING EVENING SHELTER HOURS, WHEN MEDICAL INCIDENTS MOST COMMONLY PRESENT AND THE CO-LOCATED MEDICAL CLINIC IS CLOSED. IN 2021, HEALTH NEW ENGLAND AWARDED $200,000 IN COVID-19 MINI GRANTS TO OVER 67 NON-PROFIT ORGANIZATIONS. ORGANIZATIONS COULD RECEIVE UP TO $5,000 FOR PROGRAMS AND HEALTH NEW ENGLAND AWARDED AN AVERAGE GRANT AMOUNT OF $3,000. ALL FUNDED PROGRAMS SUPPORTED THE MOST VULNERABLE COMMUNITIES IMPACTED BY THE PANDEMIC, AND FOCUSED ON ADDRESSING ACCESS TO HEALTHY FOODS, CHILD CARE, CHRONIC CONDITIONS, COVID-19 VACCINE EDUCATION AND OUTREACH, DIGITAL DIVIDE, EDUCATION, HOUSING NEEDS, LACK OF RESOURCES TO MEET BASIC NEEDS, MENTAL HEALTH AND SUBSTANCE USE, PEDIATRIC/ADOLESCENT ISOLATION AND ANXIETY DUE TO COVID, AND PREVENTATIVE HEALTH (I.E. PHYSICAL ACTIVITY & NUTRITION). ORGANIZATIONS INCLUDED AMHERST SURVIVAL CENTER, BARRINGTON STAGE COMPANY, BERKSHIRE COUNTY ARC, BERKSHIRE FAMILY YMCA, BIG BROTHERS BIG SISTERS OF FRANKLIN COUNTY, BIG BROTHERS BIG SISTERS OF HAMPDEN COUNTY, BOYS & GIRLS CLUB OF CHICOPEE, BOYS & GIRLS CLUB OF GREATER HOLYOKE, BOYS & GIRLS CLUB OF SPRINGFIELD, CANCER CONNECTIONS, CENTER FOR NEW AMERICANS, CENTER FOR SELF RELIANCE, CHILDREN'S ADVOCACY CENTER FRANKLIN COUNTY & NORTH QUABBIN, CHILDREN'S ADVOCACY CENTER OF HAMPSHIRE COUNTY, CHRISTINA'S HOUSE, CRIMINAL JUSTICE, ORGANIZATION OF HAMPDEN COUNTY, EXTREME SCIENCE KID, GIRLS INC. OF THE VALLEY, GREATER SPRINGFIELD, HABITAT FOR HUMANITY, HAMPSHIRE REGIONAL YMCA, HOLYOKE HEALTH CENTER, HOLYOKE YMCA, HONEST BEGINNINGS, INDIAN ORCHARD COMMUNITY SURVIVAL CENTER, INTERNATIONAL LANGUAGE INSTITUTE OF MA, JUNIOR ACHIEVEMENT OF WESTERN MA, JUST ROOTS, LEE FOOD PANTRY AT GRACE CHURCH, LINK TO LIBRARIES, MANY HANDS FARM CORPS, MENTAL HEALTH ASSOCIATION, MENTAL HEALTH ASSOCIATION, MICHAEL J DIAS FOUNDATION, NEW NORTH CITIZEN'S COUNCIL, NORTH STAR FAMILY SERVICE, NORTHAMPTON SURVIVAL CENTER, NOTRE DAME ACADEMY, NUESTRAS RAICES, OPEN PANTRY COMMUNITY SERVICES, OPERATION BETTER STAR, PARISH CUPBOARD, PIONEER VALLEY WORKERS CENTER, PROVIDENCE MINISTRIES FOR THE NEEDY, REVITALIZE CDC, RIVER EAST SCHOOL-TO-CAREER, RONALD MCDONALD HOUSE, ROOT STUDIO, ROOTS RISING, SOUTH WORCESTER NEIGHBORHOOD CENTER, SPRINGFIELD BUSINESS IMPROVEMENT DISTRICT, SUNSHINE VILLAGE, TAPESTRY HEALTH, THE BRIEN CENTER, THE FOOD BANK OF WESTERN MA, THE HARTSBROOK SCHOOL, THE MEN OF HONOR YOUTH MENTORSHIP PROGRAM, TRANSTIONS THROUGH MOTION, VALLEY EYE RADIO, VOLUNTEER IN MEDICINE BERKSHIRES, WAY FINDERS, WESTFIELD FOOD PANTRY, WOMANSHELTER COMPANERAS AND YMCA OF GREATER SPRINGFIELD. HEALTH NEW ENGLAND AWARDED $64,000 IN DEIB MINI GRANTS TO FIFTEEN LOCAL NON-PROFIT ORGANIZATIONS. A TOTAL OF $5,000 WAS AWARDED TO TWO ORGANIZATIONS SUPPORTING PAID INTERNSHIPS FOR EMERGING YOUTH LEADERS. A TOTAL OF $20,250 WAS AWARDED TO FIVE ORGANIZATIONS SUPPORTING PROGRAMS THAT ADDRESS GENDER IDENTITY AND SEXUAL ORIENTATION. A TOTAL OF $38,750 WAS AWARDED TO EIGHT ORGANIZATIONS SUPPORTING PROGRAMS THAT ADDRESS FOOD INSECURITY. ORGANIZATIONS INCLUDED 18 DEGREES, CENTRAL WEST JUSTICE CENTER (CLA), COMMUNITY ROOTS, BUILDING FOOD SECURITY IN FRANKLIN COUNTY, GARDENING THE COMMUNITY, GIRLS INC. OF THE VALLEY, MANY HANDS FARM CORPS, MASSEQUALITY, MENTAL HEALTH ASSOCIATION, MONTAGUE CATHOLIC SOCIAL MINISTRIES, NORTHEAST ORGANIC FARMING ASSOCIATION, SURVIVAL CENTER, TAPESTRY HEALTH, TRANSHEALTH, AND WOMEN'S FUND OF WESTERN MA. IN 2021, HEALTH NEW ENGLAND IN COLLABORATION WITH THE COALITION OF WESTERN MASSACHUSETTS HOSPITALS AND HEALTH PLAN, CONSULTANTS, AND REGIONAL ADVISORY COUNCIL (RAC) BEGAN THE PROCESS OF COMPLETING THE 2022 COMMUNITY HEALTH NEEDS ASSESSMENT. ON SEPTEMBER 9TH, HEALTH NEW ENGLAND HOSTED VIA ZOOM ITS FIRST COMMUNITY BENEFIT FORUM WITH 50 COMMUNITY PARTNERS IN ATTENDANCE. COMMUNITY MEMBERS LEFT WITH AN INCREASED UNDERSTANDING OF HEALTH NEW ENGLAND'S COMMUNITY BENEFIT PROGRAM, AND ENGAGED IN A RICH DIALOGUE FOCUSING ON COMMUNITY HEALTH NEEDS: WHAT ARE THE TOP 3 THINGS IN YOUR COMMUNITY THAT HELP PEOPLE LEAD HEALTHY LIVES? WHAT ARE THE TOP 3 THINGS IN YOUR COMMUNITY THAT MAKE IT |
| FORM 990, PART VI, SECTION A, LINE 2 | TWO OR MORE OF THE PERSONS LISTED IN THIS FORM 990, PART VII HAVE A BUSINESS RELATIONSHIP WITH EACH OTHER BY VIRTUE OF SITTING ON ONE OR MORE BOARDS OF DIRECTORS/TRUSTEES OR BY SERVING IN EMPLOYMENT RELATIONSHIP ONE OR MORE ENTITIES WITHIN THE NETWORK OF AFFILIATED ORGANIZATIONS. |
| FORM 990, PART VI, SECTION A, LINE 4 | EFFECTIVE JULY 1, 2021, HEALTH NEW ENGLAND, INC AND SUBSIDIARIES VOTED TO INCREASE THE NUMBER OF EX-OFFICIO MEMBERS TO 5. THIS ONE CHANGE SIMULTANEOUSLY INCREASED THE AVAILABLE SEATS ON THE BOARD OF DIRECTORS FROM 16 TO 17. |
| FORM 990, PART VI, SECTION A, LINE 6 | AS A CONNECTICUT NONPROFIT ORGANIZATION, THE COMPANY HAS NO STOCKHOLDERS. THE COMPANY HAS ONE LEGAL MEMBER HEALTH NEW ENGLAND, INC. HNE OF CONNECTICUT REFERS TO ITS ENROLLEES AS "MEMBERS", BUT HNE OF CONNECTICUT'S ORGANIZATIONAL DOCUMENTS AND BYLAWS GIVE ENROLLEES NO ORGANIZATIONAL MEMBERSHIP STATUS FROM A LEGAL PERSPECTIVE. |
| FORM 990, PART VI, SECTION A, LINE 7A | HEALTH NEW ENGLAND, INC. IS THE SOLE MEMBER OF THE HNE OF CONNECTICUT, WHILE BAYSTATE HEALTH, INC. IS THE SOLE MEMBER OF HEALTH NEW ENGLAND. CONSEQUENTLY, BAYSTATE HEALTH HAS FINAL AUTHORITY ON ALL APPOINTMENTS AND ELECTIONS OF THE HNE OF CONNECTICUT BOARD. |
| FORM 990, PART VI, SECTION A, LINE 7B | THE FUNCTIONS OF THE NOMINATING COMMITTEE ARE CARRIED OUT BY THE GOVERNANCE COMMITTEE OF BAYSTATE HEALTH. IN ADDITION, THE HNE OF CONNECTICUT BOARD OF DIRECTORS HAS DELEGATED TO THE BAYSTATE HEALTH AUDIT AND COMPLIANCE COMMITTEE FULL AUDIT OVERSIGHT DUTIES AND RESPONSIBILITIES FOR THE COMPANY. FINDINGS OF THE BAYSTATE HEALTH AUDIT AND COMPLIANCE COMMITTEE ARE REPORTED BACK TO THE HNE OF CONNECTICUT BOARD. THIS DELEGATION ALLOWS HNE OF CONNECTICUT TO HAVE AN AUDIT COMMITTEE WITH APPROPRIATE INDEPENDENCE AND EXPERTISE. |
| FORM 990, PART VI, SECTION B, LINE 11B | PRIOR TO THE FILING OF THIS RETURN, APPROPRIATE PARTS OF THIS FORM 990 WERE REVIEWED BY REPRESENTATIVES FROM THE FINANCE AND LEGAL DEPARTMENTS OF HNE OF CONNECTICUT, INC., SOME OF WHOM ARE OFFICERS OF THE FILING ORGANIZATION. THE ENTIRE RETURN WAS REVIEWED BY A TAX EXPERT FROM AN OUTSIDE ACCOUNTING FIRM. THE ENTIRE RETURN WAS SENT OUT TO THE BOARD OF DIRECTORS AND OFFICERS OF HNE OF CONNECTICUT, INC. FOR COMMENT AND REVIEW. |
| FORM 990, PART VI, SECTION B, LINE 12C | HNE OF CONNECTICUT, INC. RELIES UPON THE COMPREHENSIVE CONFLICT OF INTEREST POLICY USED BY ITS PARENT, HEALTH NEW ENGLAND, INC.. ALL DIRECTORS, OFFICERS OF THE COMPANY AND ITS AFFILIATES ARE ASKED TO COMPLETE AN ANNUAL "CONFLICT OF INTEREST" FORM. WE USE AN ELECTRONIC DATABASE TO RECEIVE AND MANAGE ALL CONFLICT OF INTEREST SUBMISSIONS. THIS INFORMATION IS REVIEWED BY THE DIRECTOR OF COMPLIANCE AND HEALTH NEW ENGLAND LEGAL DEPARTMENT. POTENTIAL CONFLICT OF INTEREST TRANSACTIONS ARE REVIEWED AS APPROPRIATE UNDER THE POLICY, WHICH PROVIDES FOR RECUSAL FROM DISCUSSION AND DELIBERATION BY ANY PARTY WITH A POTENTIAL CONFLICT OF INTEREST. |
| FORM 990, PART VI, SECTION C, LINE 19 | AVAILABLE ON REQUEST AND AT MANAGEMENT'S DISCRETION |
| PART VI, SECTION B, LINE 13 | HNE OF CONNECTICUT, INC. RELIES UPON THE COMPREHENSIVE WHISTLEBLOWER POLICY USED BY ITS PARENT, HEALTH NEW ENGLAND, INC.. |
| PART VI, SECTION B, LINE 14 | HNE OF CONNECTICUT, INC. RELIES UPON THE COMPREHENSIVE DOCUMENTATION RETENTION POLICY USED BY ITS PARENT, HEALTH NEW ENGLAND, INC.. |
| FORM 990, PART XII, LINE 1: | THE AUDITED FINANCIAL STATEMENTS ARE BASED ON INSURANCE STATUTORY ACCOUNTING PRINCIPLES (SAP) PROMULGATED BY THE ACCOUNTING PRACTICES AND PROCEDURES TASK FORCE UNDER THE AUSPICES OF THE NATIONAL ASSOCIATION OF INSURANCE COMMISSIONERS (NAIC). THIS FORM OF ACCOUNTING IS TYPICALLY LOOKED UPON AS MORE CONSERVATIVE THAN ACCRUAL ACCOUNTING WITHOUT QUITE BEING CASH BASIS. THE ACCOMPANYING STATUTORY BASIS FINANCIAL STATEMENTS HAVE BEEN PREPARED IN ACCORDANCE WITH NAIC STATEMENTS OF STATUTORY ACCOUNTING PRINCIPLES (SSAP) AND IN ACCORDANCE WITH STATUTORY ACCOUNTING PRACTICES (SAP) PRESCRIBED BY THE STATE OF CONNECTICUT, WHICH IS A COMPREHENSIVE BASIS OF ACCOUNTING OTHER THAN U.S. GENERALLY ACCEPTED ACCOUNTING PRINCIPLES (GAAP). SUCH PRACTICES VARY FROM GAAP PRINCIPALLY AS FOLLOWS: INVESTMENTS - FOR STATUTORY, INVESTMENTS IN BONDS ARE REPORTED AT AMORTIZED COST OR FAIR VALUE BASED ON THEIR NAIC RATING. FOR GAAP PURPOSES, SUCH FIXED MATURITY INVESTMENTS WOULD BE DESIGNATED AT PURCHASE AS HELD-TO-MATURITY TRADING OR AVAILABLE FOR SALE. HELD-TO-MATURITY FIXED INVESTMENTS WOULD BE REPORTED AT AMORTIZED COST AND THE REMAINING FIXED MATURITY INVESTMENTS WOULD BE REPORTED AT FAIR VALUE. FOR STATUTORY PURPOSES, UNREALIZED GAINS AND LOSSES ON INVESTMENTS ARE EXCLUDED FROM NET INCOME AND REPORTED AS AN INCREASE OR DECREASE IN CAPITAL AND SURPLUS. DECREASES IN FAIR VALUE THAT ARE DETERMINED BY MANAGEMENT TO BE OTHER THAN TEMPORARY ARE REPORTED AS REALIZED LOSSES. THE ORGANIZATION HAS ELECTED THE FAIR VALUE OPTION FOR CERTAIN OF ITS INVESTMENTS. ALL SINGLE CLASS AND MULTI CLASS MORTGAGE BACKED/ASSET BACKED SECURITIES (E.G. CMOS) ARE ADJUSTED FOR THE EFFECTS OF CHANGES IN PREPAYMENT ASSUMPTIONS ON THE RELATED ACCRETION OF DISCOUNT OR AMORTIZATION OF PREMIUM OF SUCH SECURITIES USING PROSPECTIVE METHOD. IF IT IS DETERMINED THAT A DECLINE IN FAIR VALUE IS OTHER THAN TEMPORARY, THE COST BASIS OF THE SECURITY IS WRITTEN DOWN TO THE PRESENT VALUE OF ESTIMATED FUTURE CASH FLOWS USING THE ORIGINAL EFFECTIVE INTEREST RATE INHERENT IN THE SECURITY. NON ADMITTED ASSETS - CERTAIN ASSETS ARE DESIGNATED AS NON- ADMITTED. THESE ASSETS (WHICH ARE PRINCIPALLY ELECTRONIC DATA PROCESSING EQUIPMENT, PREPAID ITEMS, CERTAIN HEALTH RECEIVABLES, RECEIVABLES OVER 90 DAYS PAST DUE AND NON-AUDITED EQUITY VALUE OF SUBSIDIARIES) ARE EXCLUDED FROM THE ACCOMPANYING STATEMENTS OF ADMITTED ASSETS, LIABILITIES AND CAPITAL AND SURPLUS. THESE ITEMS ARE CHARGED DIRECTLY TO UNASSIGNED SURPLUS. UNDER GAAP, SUCH ASSETS ARE INCLUDED IN THE BALANCE SHEET, TO THE EXTENT THEY ARE NOT IMPAIRED. |
For Paperwork Reduction Act Notice, see the Instructions for Form 990 or 990-EZ.
Cat. No. 51056K
Schedule O (Form 990) 2021
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