E
Group Health Plan Inc
Rating Date
September 2023
NAIC
Classification
Risk Adjusted
Capital Ratio #1
Risk Adjusted
Capital Ratio #2
Total
Assets
Capital
Health
Premiums
Net
Income
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Major Rating Factors: Weak profitability index (0.9 on a scale of 0 to 10) with 309.6 million in losses in the last four years. Weak capitalization index (0.0) based on weak current risk-adjusted capital (severe loss scenario). Weak quality investment portfolio (1.8) containing large exposure to common stock.
Other Rating Factors: Weak overall results on stability tests (0.7) based on a steep decline in capital during 2021. Excellent liquidity (7.1) with ample operational cash flow and liquid investments.
Principal Lines of Business: --
Licensed in: MN, ND, SD
Principal Enrollment Breakdown: --
Other Highlights
Medical Loss Ratio
Medical Expense
Per Member Per Month ($)
Provider Compensation ($000)
Capitation Pay
0
Fee For Service
0
Contractual Pay
Salary
0
Bonus
Other
--
Member Physicians
Enrollment
Total Patient Encounters
Physician
Non-Physician
Corporate Info
Group Affiliation
HealthPartners Inc
Investment Rating
--
Company Address
8170 33rd Avenue, South
Minneapolis, MN 55425
Phone Number
(952) 883-6000
NAIC Number
52628
Largest Affiliates
C
Bloomington, MN - Health
C
Minneapolis, MN - Health
D
West Des Moines, IA - Health
Weiss Ratings