B
UCare Minnesota
Rating Date
June 2024
NAIC
Classification
Health
Risk Adjusted
Capital Ratio #1
3.12
Risk Adjusted
Capital Ratio #2
2.60
Total
Assets
1.92B
Capital
1.13B
Health
Premiums
6.08B
Net
Income
325.73M
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Weiss Ratings UCare Minnesota
Minneapolis, MN 		Click to
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Rating B
Capitalization Index 9.20
Investment Safety Index 5.64
Liquidity Index 6.91
Profitability Index 6.09
Reserve Adequacy Index --
Stability Index 7.69
Company Info UCare Minnesota
Minneapolis, MN 		Click to
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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 		Click to
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Total Assets 1.92B
Capital and Reserves UCare Minnesota
Minneapolis, MN 		Click to
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Risk-Adjusted Capital Ratio #1 3.12
Risk-Adjusted Capital Ratio #2 2.60
1-Year Reserve Development --
2-Year Reserve Development --
Capital 1.13B
Premium to Surplus --
Reserves to Surplus --
Investments UCare Minnesota
Minneapolis, MN 		Click to
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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 		Click to
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Medical Loss Ratio 85.85%
Cash From Underwriting --
Combined Ratio --
Expense Ratio --
Loss Ratio --
Net Premium Growth --
Other Medical UCare Minnesota
Minneapolis, MN 		Click to
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Bonus Pay 0.00
Capitation Pay 9.16K
Contractual Pay 4.99M
Enrollment 649.15K
Fee For Service 186.79K
Medical Expense Per Member Per Month $682.00
Network Physicians 37.57K
Other Pay --
Salary Pay 0.00
Total Patient Encounters - Physician 1.89M
Total Patient Encounters-Non-Physician 3.81M
Profitability UCare Minnesota
Minneapolis, MN 		Click to
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Net Income 325.73M
Net Premium 6.08B
Health Premium 6.08B
Weiss Ratings