B
MVP Health Plan Inc
Rating Date
June 2024
NAIC
Classification
Health
Risk Adjusted
Capital Ratio #1
1.77
Risk Adjusted
Capital Ratio #2
1.47
Total
Assets
783.02M
Capital
413.45M
Health
Premiums
3.14B
Net
Income
45.24M
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Weiss Ratings MVP Health Plan Inc
Schenectady, NY 		Click to
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Rating B
Capitalization Index 7.51
Investment Safety Index 7.77
Liquidity Index 6.89
Profitability Index 4.12
Reserve Adequacy Index --
Stability Index 7.15
Company Info MVP Health Plan Inc
Schenectady, NY 		Click to
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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
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Total Assets 783.02M
Capital and Reserves MVP Health Plan Inc
Schenectady, NY 		Click to
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Risk-Adjusted Capital Ratio #1 1.77
Risk-Adjusted Capital Ratio #2 1.47
1-Year Reserve Development --
2-Year Reserve Development --
Capital 413.45M
Premium to Surplus --
Reserves to Surplus --
Investments MVP Health Plan Inc
Schenectady, 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 MVP Health Plan Inc
Schenectady, NY 		Click to
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Medical Loss Ratio 91.20%
Cash From Underwriting --
Combined Ratio --
Expense Ratio --
Loss Ratio --
Net Premium Growth --
Other Medical MVP Health Plan Inc
Schenectady, NY 		Click to
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Bonus Pay 29.13K
Capitation Pay 126.43K
Contractual Pay 2.52M
Enrollment 419.35K
Fee For Service 103.67K
Medical Expense Per Member Per Month $574.00
Network Physicians 59.30K
Other Pay --
Salary Pay 0.00
Total Patient Encounters - Physician 5.82M
Total Patient Encounters-Non-Physician 3.38M
Profitability MVP Health Plan Inc
Schenectady, NY 		Click to
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Net Income 45.24M
Net Premium 3.14B
Health Premium 3.14B
Weiss Ratings