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
My Lists My Alerts
Weiss Ratings McLaren Health Plan Inc
Flint, MI 		Click to
Compare		 Click to
Compare		 Click to
Compare
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
Compare		 Click to
Compare		 Click to
Compare
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
Compare		 Click to
Compare		 Click to
Compare
Total Assets 434.78M
Capital and Reserves McLaren Health Plan Inc
Flint, MI 		Click to
Compare		 Click to
Compare		 Click to
Compare
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
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 McLaren Health Plan Inc
Flint, MI 		Click to
Compare		 Click to
Compare		 Click to
Compare
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
Compare		 Click to
Compare		 Click to
Compare
Bonus Pay 0.00
Capitation Pay 9.28K
Contractual Pay 898.94K
Enrollment 269.00K
Fee For Service 57.21K
Medical Expense Per Member Per Month $1,178.00
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
Compare		 Click to
Compare		 Click to
Compare
Net Income 59.00M
Net Premium 1.13B
Health Premium 1.13B