B
UCare Minnesota
Rating Date
January 2026
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: Good overall results on stability tests (6.1 on a scale of 0 to 10) based on consistent premium and capital growth in the last five years. Good liquidity (6.8) with sufficient resources (cash flows and marketable investments) to handle a spike in claims. Fair profitability index (4.5) with operating losses during 2019 and 2023.
Other Rating Factors: Excellent overall capitalization (9.0) based on excellent current risk-adjusted capital (severe loss scenario) despite some fluctuation in capital levels. Excellent quality investment portfolio (7.8) containing small junk bond exposure.
Principal Lines of Business: --
Licensed in: MN
Principal Enrollment Breakdown: --
Other Highlights
Medical Loss Ratio
Medical Expense
Per Member Per Month ($)
721
Provider Compensation ($000)
Capitation Pay
Fee For Service
Contractual Pay
Salary
0
Bonus
0
Other
--
Member Physicians
Enrollment
Total Patient Encounters
Physician
Non-Physician
0
Corporate Info
Group Affiliation
UCare Minnesota
Investment Rating
--
Company Address
500 Stinson Boulevard, NE
Minneapolis, MN 55413
Phone Number
(612) 676-6500
NAIC Number
52629
Largest Affiliates
B
Minneapolis, MN - Health
U
Minneapolis, MN - Health
U
Minneapolis, MN - Health
U
Minneapolis, MN - Health