A
McLaren Health Plan Inc
Flint,  MI
Rating Date
September 2023
NAIC
Classification
Health
Risk Adjusted
Capital Ratio #1
2.80
Risk Adjusted
Capital Ratio #2
2.33
Total
Assets
427.13M
Capital
256.98M
Health
Premiums
829.79M
Net
Income
38.74M
My Lists My Alerts
Report
Weiss Ratings McLaren Health Plan Inc
Flint, MI 		Click to
Compare		 Click to
Compare		 Click to
Compare
Rating A
Capitalization Index 8.80
Investment Safety Index 8.53
Liquidity Index 7.36
Profitability Index 9.19
Reserve Adequacy Index --
Stability Index 7.07
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 427.13M
Capital and Reserves McLaren Health Plan Inc
Flint, MI 		Click to
Compare		 Click to
Compare		 Click to
Compare
Risk-Adjusted Capital Ratio #1 2.80
Risk-Adjusted Capital Ratio #2 2.33
1-Year Reserve Development --
2-Year Reserve Development --
Capital 256.98M
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 82.87%
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 10.18K
Contractual Pay 894.94K
Enrollment 266.57K
Fee For Service 46.93K
Medical Expense Per Member Per Month $368.00
Network Physicians 38.07K
Other Pay --
Salary Pay 0.00
Total Patient Encounters - Physician 1.96M
Total Patient Encounters-Non-Physician 411.25K
Profitability McLaren Health Plan Inc
Flint, MI 		Click to
Compare		 Click to
Compare		 Click to
Compare
Net Income 38.74M
Net Premium 829.79M
Health Premium 829.79M
Weiss Ratings