South Dakota State Med Hldg Co

Sioux Falls, SD

Rating Date

January 2026

NAIC
Classification

Health

Risk Adjusted
Capital Ratio #1

0.53

Risk Adjusted
Capital Ratio #2

0.44

Total
Assets

2.45M

Capital

2.31M

Health
Premiums

603.48K

Net
Income

-1.17M

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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	2.28
Investment Safety Index	9.17
Liquidity Index	7.74
Profitability Index	0.28
Reserve Adequacy Index	--
Stability Index	-0.17

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/services/
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	2.45M

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	0.53
Risk-Adjusted Capital Ratio #2	0.44
1-Year Reserve Development	--
2-Year Reserve Development	--
Capital	2.31M
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	95.12%
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	314.00
Enrollment	0.00
Fee For Service	428.00
Medical Expense Per Member Per Month	$44,157.00
Network Physicians	0.00
Other Pay	--
Salary Pay	0.00
Total Patient Encounters - Physician	14.00
Total Patient Encounters-Non-Physician	6.00

Profitability	South Dakota State Med Hldg Co Sioux Falls, SD	Click to Compare	Click to Compare	Click to Compare
Net Income	-1.17M
Net Premium	603.48K
Health Premium	603.48K