A
McLaren Health Plan Inc
Flint,  MI
Rating Date
June 2024
NAIC
Classification
Health
Risk Adjusted
Capital Ratio #1
2.67
Risk Adjusted
Capital Ratio #2
2.23
Total
Assets
434.78M
Capital
273.71M
Health
Premiums
1.13B
Net
Income
59.00M
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Weiss Ratings McLaren Health Plan Inc
Flint, MI 		Click to
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Rating A
Capitalization Index 8.65
Investment Safety Index 5.18
Liquidity Index 7.09
Profitability Index 9.22
Reserve Adequacy Index --
Stability Index 8.20
Company Info McLaren Health Plan Inc
Flint, MI 		Click to
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Industry Health
NAIC Number 01844
Phone Number (810) 733-9723
Website www.mclarenhealthplan.org
Address G-3245 Beecher Road Flint, MI 48532
Balance Sheet McLaren Health Plan Inc
Flint, MI 		Click to
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Total Assets 434.78M
Capital and Reserves McLaren Health Plan Inc
Flint, MI 		Click to
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Risk-Adjusted Capital Ratio #1 2.67
Risk-Adjusted Capital Ratio #2 2.23
1-Year Reserve Development --
2-Year Reserve Development --
Capital 273.71M
Premium to Surplus --
Reserves to Surplus --
Investments McLaren Health Plan Inc
Flint, MI 		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 McLaren Health Plan Inc
Flint, MI 		Click to
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Medical Loss Ratio 84.59%
Cash From Underwriting --
Combined Ratio --
Expense Ratio --
Loss Ratio --
Net Premium Growth --
Other Medical McLaren Health Plan Inc
Flint, MI 		Click to
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Bonus Pay 0.00
Capitation Pay 9.28K
Contractual Pay 898.94K
Enrollment 269.36K
Fee For Service 57.21K
Medical Expense Per Member Per Month $301.00
Network Physicians 40.52K
Other Pay --
Salary Pay 0.00
Total Patient Encounters - Physician 2.06M
Total Patient Encounters-Non-Physician 432.07K
Profitability McLaren Health Plan Inc
Flint, MI 		Click to
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Net Income 59.00M
Net Premium 1.13B
Health Premium 1.13B
Weiss Ratings