B
Security Health Plan of WI Inc
Rating Date
June 2024
NAIC
Classification
Health
Risk Adjusted
Capital Ratio #1
1.81
Risk Adjusted
Capital Ratio #2
1.51
Total
Assets
411.41M
Capital
158.40M
Health
Premiums
1.30B
Net
Income
13.85M
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Weiss Ratings Security Health Plan of WI Inc
Marshfield, WI 		Click to
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Rating B
Capitalization Index 7.57
Investment Safety Index 8.93
Liquidity Index 5.93
Profitability Index 6.49
Reserve Adequacy Index --
Stability Index 5.08
Company Info Security Health Plan of WI Inc
Marshfield, WI 		Click to
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Industry Health
NAIC Number 01539
Phone Number (715) 221-9555
Website www.securityhealth.org
Address 1515 North Saint Joseph Avenue Marshfield, WI 54449
Balance Sheet Security Health Plan of WI Inc
Marshfield, WI 		Click to
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Total Assets 411.41M
Capital and Reserves Security Health Plan of WI Inc
Marshfield, WI 		Click to
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Risk-Adjusted Capital Ratio #1 1.81
Risk-Adjusted Capital Ratio #2 1.51
1-Year Reserve Development --
2-Year Reserve Development --
Capital 158.40M
Premium to Surplus --
Reserves to Surplus --
Investments Security Health Plan of WI Inc
Marshfield, WI 		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 Security Health Plan of WI Inc
Marshfield, WI 		Click to
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Medical Loss Ratio 90.90%
Cash From Underwriting --
Combined Ratio --
Expense Ratio --
Loss Ratio --
Net Premium Growth --
Other Medical Security Health Plan of WI Inc
Marshfield, WI 		Click to
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Bonus Pay 3.11K
Capitation Pay 560.56K
Contractual Pay 479.78K
Enrollment 204.31K
Fee For Service 129.99K
Medical Expense Per Member Per Month $499.00
Network Physicians 11.36K
Other Pay --
Salary Pay 0.00
Total Patient Encounters - Physician 1.46M
Total Patient Encounters-Non-Physician 583.12K
Profitability Security Health Plan of WI Inc
Marshfield, WI 		Click to
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Net Income 13.85M
Net Premium 1.30B
Health Premium 1.30B