South Dakota State Med Hldg Co

Sioux Falls, SD

Rating Date

April 2025

NAIC
Classification

Health

Risk Adjusted
Capital Ratio #1

0.41

Risk Adjusted
Capital Ratio #2

0.34

Total
Assets

10.03M

Capital

3.85M

Health
Premiums

226.74K

Net
Income

-287.40K

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Weiss Ratings	South Dakota State Med Hldg Co Sioux Falls, SD	Click to Compare	Click to Compare	Click to Compare
Rating	E
Capitalization Index	1.08
Investment Safety Index	1.56
Liquidity Index	4.90
Profitability Index	3.54
Reserve Adequacy Index	--
Stability Index	-0.69

Company Info	South Dakota State Med Hldg Co Sioux Falls, SD	Click to Compare	Click to Compare	Click to Compare
Industry	Health
NAIC Number	01451
Phone Number	(605) 334-4000
Website	www.dakotacare.com
Address	5300 South Broadband Lane Sioux Falls, SD 57108

Balance Sheet	South Dakota State Med Hldg Co Sioux Falls, SD	Click to Compare	Click to Compare	Click to Compare
Total Assets	10.03M

Capital and Reserves	South Dakota State Med Hldg Co Sioux Falls, SD	Click to Compare	Click to Compare	Click to Compare
Risk-Adjusted Capital Ratio #1	0.41
Risk-Adjusted Capital Ratio #2	0.34
1-Year Reserve Development	--
2-Year Reserve Development	--
Capital	3.85M
Premium to Surplus	--
Reserves to Surplus	--

Investments	South Dakota State Med Hldg Co Sioux Falls, SD	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	South Dakota State Med Hldg Co Sioux Falls, SD	Click to Compare	Click to Compare	Click to Compare
Medical Loss Ratio	83.84%
Cash From Underwriting	--
Combined Ratio	--
Expense Ratio	--
Loss Ratio	--
Net Premium Growth	--

Other Medical	South Dakota State Med Hldg Co Sioux Falls, SD	Click to Compare	Click to Compare	Click to Compare
Bonus Pay	0.00
Capitation Pay	0.00
Contractual Pay	7.54K
Enrollment	13.00
Fee For Service	4.60K
Medical Expense Per Member Per Month	$851,558.00
Network Physicians	5.65K
Other Pay	--
Salary Pay	0.00
Total Patient Encounters - Physician	15.30K
Total Patient Encounters-Non-Physician	1.68K

Profitability	South Dakota State Med Hldg Co Sioux Falls, SD	Click to Compare	Click to Compare	Click to Compare
Net Income	-287.40K
Net Premium	226.74K
Health Premium	226.74K