B
UCare Minnesota
Rating Date
September 2023
NAIC
Classification
Risk Adjusted
Capital Ratio #1
Risk Adjusted
Capital Ratio #2
Total
Assets
Capital
Health
Premiums
Net
Income
Weiss Ratings UCare Minnesota
Minneapolis, MN
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Rating B
Capitalization Index 9.26
Investment Safety Index 4.50
Liquidity Index 6.54
Profitability Index 5.44
Reserve Adequacy Index --
Stability Index 7.67
Company Info UCare Minnesota
Minneapolis, MN
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Industry Health
NAIC Number 01285
Phone Number (612) 676-6500
Website www.ucare.org
Address 500 Stinson Boulevard, NE Minneapolis, MN 55413
Balance Sheet UCare Minnesota
Minneapolis, MN
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Total Assets 2.06B
Capital and Reserves UCare Minnesota
Minneapolis, MN
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Risk-Adjusted Capital Ratio #1 3.17
Risk-Adjusted Capital Ratio #2 2.64
1-Year Reserve Development --
2-Year Reserve Development --
Capital 1.01B
Premium to Surplus --
Reserves to Surplus --
Investments UCare Minnesota
Minneapolis, MN
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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 UCare Minnesota
Minneapolis, MN
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Medical Loss Ratio 90.91%
Cash From Underwriting --
Combined Ratio --
Expense Ratio --
Loss Ratio --
Net Premium Growth --
Other Medical UCare Minnesota
Minneapolis, MN
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Bonus Pay 0.00
Capitation Pay 8.25K
Contractual Pay 4.22M
Enrollment 643.79K
Fee For Service 198.93K
Medical Expense Per Member Per Month $790.00
Network Physicians 36.68K
Other Pay --
Salary Pay 0.00
Total Patient Encounters - Physician 2.26M
Total Patient Encounters-Non-Physician 3.09M
Profitability UCare Minnesota
Minneapolis, MN
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Net Income 228.25M
Net Premium 4.44B
Health Premium 4.44B
Weiss Ratings