B
MVP 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
Weiss Ratings MVP Health Plan Inc
Schenectady, NY
Click to
Compare
Click to
Compare
Click to
Compare
Rating B
Capitalization Index 7.43
Investment Safety Index 7.92
Liquidity Index 6.84
Profitability Index 3.27
Reserve Adequacy Index --
Stability Index 5.13
Company Info MVP Health Plan Inc
Schenectady, NY
Click to
Compare
Click to
Compare
Click to
Compare
Industry Health
NAIC Number 01352
Phone Number (518) 370-4793
Website www.mvphealthcare.com
Address 625 State Street Schenectady, NY 12305
Balance Sheet MVP Health Plan Inc
Schenectady, NY
Click to
Compare
Click to
Compare
Click to
Compare
Total Assets 843.04M
Capital and Reserves MVP Health Plan Inc
Schenectady, NY
Click to
Compare
Click to
Compare
Click to
Compare
Risk-Adjusted Capital Ratio #1 1.70
Risk-Adjusted Capital Ratio #2 1.42
1-Year Reserve Development --
2-Year Reserve Development --
Capital 388.58M
Premium to Surplus --
Reserves to Surplus --
Investments MVP Health Plan Inc
Schenectady, NY
Click to
Compare
Click to
Compare
Click to
Compare
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 MVP Health Plan Inc
Schenectady, NY
Click to
Compare
Click to
Compare
Click to
Compare
Medical Loss Ratio 92.76%
Cash From Underwriting --
Combined Ratio --
Expense Ratio --
Loss Ratio --
Net Premium Growth --
Other Medical MVP Health Plan Inc
Schenectady, NY
Click to
Compare
Click to
Compare
Click to
Compare
Bonus Pay 50.59K
Capitation Pay 117.34K
Contractual Pay 2.42M
Enrollment 416.98K
Fee For Service 84.24K
Medical Expense Per Member Per Month $734.00
Network Physicians 55.88K
Other Pay --
Salary Pay 0.00
Total Patient Encounters - Physician 5.80M
Total Patient Encounters-Non-Physician 3.28M
Profitability MVP Health Plan Inc
Schenectady, NY
Click to
Compare
Click to
Compare
Click to
Compare
Net Income 22.72M
Net Premium 2.33B
Health Premium 2.33B
Weiss Ratings