B
Independent Health Assn
Buffalo,  NY
Rating Date
April 2025
NAIC
Classification
Health
Risk Adjusted
Capital Ratio #1
2.66
Risk Adjusted
Capital Ratio #2
2.21
Total
Assets
855.61M
Capital
364.56M
Health
Premiums
1.56B
Net
Income
-1.28M
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Weiss Ratings Independent Health Assn
Buffalo, NY 		Click to
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Rating B
Capitalization Index 8.62
Investment Safety Index 8.61
Liquidity Index 6.77
Profitability Index 2.52
Reserve Adequacy Index --
Stability Index 3.78
Company Info Independent Health Assn
Buffalo, NY 		Click to
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Industry Health
NAIC Number 01346
Phone Number (716) 631-3001
Website www.independenthealth.com
Address 511 Farber Lakes Drive Buffalo, NY 14221
Balance Sheet Independent Health Assn
Buffalo, NY 		Click to
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Total Assets 855.61M
Capital and Reserves Independent Health Assn
Buffalo, NY 		Click to
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Risk-Adjusted Capital Ratio #1 2.66
Risk-Adjusted Capital Ratio #2 2.21
1-Year Reserve Development --
2-Year Reserve Development --
Capital 364.56M
Premium to Surplus --
Reserves to Surplus --
Investments Independent Health Assn
Buffalo, NY 		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 Independent Health Assn
Buffalo, NY 		Click to
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Medical Loss Ratio 90.23%
Cash From Underwriting --
Combined Ratio --
Expense Ratio --
Loss Ratio --
Net Premium Growth --
Other Medical Independent Health Assn
Buffalo, NY 		Click to
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Bonus Pay 0.00
Capitation Pay 988.93K
Contractual Pay 0.00
Enrollment 176.07K
Fee For Service 367.94K
Medical Expense Per Member Per Month $2,663.00
Network Physicians 4.39K
Other Pay --
Salary Pay 0.00
Total Patient Encounters - Physician 476.58K
Total Patient Encounters-Non-Physician 289.30K
Profitability Independent Health Assn
Buffalo, NY 		Click to
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Net Income -1.28M
Net Premium 1.56B
Health Premium 1.56B