A
AMERIGROUP New Jersey Inc
Rating Date
September 2023
NAIC
Classification
Health
Risk Adjusted
Capital Ratio #1
1.33
Risk Adjusted
Capital Ratio #2
1.11
Total
Assets
672.01M
Capital
210.51M
Health
Premiums
1.04B
Net
Income
2.65M
My Lists My Alerts
Report
Weiss Ratings AMERIGROUP New Jersey Inc
Virginia Beach, VA 		Click to
Compare		 Click to
Compare		 Click to
Compare
Rating A
Capitalization Index 6.97
Investment Safety Index 9.49
Liquidity Index 6.47
Profitability Index 7.89
Reserve Adequacy Index --
Stability Index 7.00
Company Info AMERIGROUP New Jersey Inc
Virginia Beach, VA 		Click to
Compare		 Click to
Compare		 Click to
Compare
Industry Health
NAIC Number 01892
Phone Number (757) 490-6900
Website www.amerigroup.com
Address 1300 Amerigroup Way Virginia Beach, VA 23464
Balance Sheet AMERIGROUP New Jersey Inc
Virginia Beach, VA 		Click to
Compare		 Click to
Compare		 Click to
Compare
Total Assets 672.01M
Capital and Reserves AMERIGROUP New Jersey Inc
Virginia Beach, VA 		Click to
Compare		 Click to
Compare		 Click to
Compare
Risk-Adjusted Capital Ratio #1 1.33
Risk-Adjusted Capital Ratio #2 1.11
1-Year Reserve Development --
2-Year Reserve Development --
Capital 210.51M
Premium to Surplus --
Reserves to Surplus --
Investments AMERIGROUP New Jersey Inc
Virginia Beach, VA 		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 AMERIGROUP New Jersey Inc
Virginia Beach, VA 		Click to
Compare		 Click to
Compare		 Click to
Compare
Medical Loss Ratio 86.00%
Cash From Underwriting --
Combined Ratio --
Expense Ratio --
Loss Ratio --
Net Premium Growth --
Other Medical AMERIGROUP New Jersey Inc
Virginia Beach, VA 		Click to
Compare		 Click to
Compare		 Click to
Compare
Bonus Pay --
Capitation Pay --
Contractual Pay --
Enrollment 275.25K
Fee For Service --
Medical Expense Per Member Per Month $1,056.00
Network Physicians 22.29K
Other Pay --
Salary Pay --
Total Patient Encounters - Physician --
Total Patient Encounters-Non-Physician --
Profitability AMERIGROUP New Jersey Inc
Virginia Beach, VA 		Click to
Compare		 Click to
Compare		 Click to
Compare
Net Income 2.65M
Net Premium 1.04B
Health Premium 1.04B
Weiss Ratings