B
Local Initiative Hlth Authorit
Rating Date
April 2025
NAIC
Classification
Risk Adjusted
Capital Ratio #1
Risk Adjusted
Capital Ratio #2
Total
Assets
Capital
Health
Premiums
Net
Income
Weiss Ratings Local Initiative Hlth Authorit
Los Angeles, CA
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Rating B
Capitalization Index 8.90
Investment Safety Index 0.00
Liquidity Index 6.96
Profitability Index 5.93
Reserve Adequacy Index --
Stability Index 6.10
Company Info Local Initiative Hlth Authorit
Los Angeles, CA
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Industry Health
NAIC Number 01054
Phone Number (213) 694-1250
Website www.lacare.org
Address 1200 West Seventh Street Los Angeles, CA 90017
Balance Sheet Local Initiative Hlth Authorit
Los Angeles, CA
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Total Assets 268.58M
Capital and Reserves Local Initiative Hlth Authorit
Los Angeles, CA
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Risk-Adjusted Capital Ratio #1 3.90
Risk-Adjusted Capital Ratio #2 2.40
1-Year Reserve Development --
2-Year Reserve Development --
Capital 1.38B
Premium to Surplus --
Reserves to Surplus --
Investments Local Initiative Hlth Authorit
Los Angeles, CA
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Cash --
CMO & Structured Securities --
Common & Preferred Stock --
Invested Assets --
Investments in Affiliates --
Mortgages in Good Standing --
Non-Investment Grade Bonds --
Non-Performing Mortgages --
Other Investment Grade Bonds --
Other Investments --
Real Estate --
Operating Ratios Local Initiative Hlth Authorit
Los Angeles, CA
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Medical Loss Ratio 94.39%
Cash From Underwriting --
Combined Ratio --
Expense Ratio --
Loss Ratio --
Net Premium Growth --
Other Medical Local Initiative Hlth Authorit
Los Angeles, CA
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Bonus Pay --
Capitation Pay --
Contractual Pay --
Enrollment 2.88M
Fee For Service --
Medical Expense Per Member Per Month $494.00
Network Physicians --
Other Pay --
Salary Pay --
Total Patient Encounters - Physician 0.00
Total Patient Encounters-Non-Physician 0.00
Profitability Local Initiative Hlth Authorit
Los Angeles, CA
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Net Income 309.40M
Net Premium 5.87B
Health Premium 5.83B