HIP of NY
55 Water St.
New York, NY 10041
Phone: (800) HIP-TALK
CEO: Anthony Watson
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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
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
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
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