C
Denver Health Medical Plan Inc
DenverCO
Rating Date
April 2025
NAIC
Classification
Risk Adjusted
Capital Ratio #1
Risk Adjusted
Capital Ratio #2
Total
Assets
Capital
Health
Premiums
Net
Income
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Major Rating Factors: Fair profitability index (4.2 on a scale of 0 to 10) with 0.1 million in losses in the last two years. Fair overall results on stability tests (3.2) based on rapid enrollment growth during the past five years, a decline in the number of member physicians during 2022. Weak liquidity (2.1) as a spike in claims may stretch capacity.
Other Rating Factors: Good capitalization (5.9) based on good current risk-adjusted capital (severe loss scenario). However, risk-adjusted capital has reached as low as the fair level during recent years. Excellent quality investment portfolio (7.1) containing small junk bond exposure.
Principal Lines of Business: --
Licensed in: CO
Principal Enrollment Breakdown: --
Other Highlights
Medical Loss Ratio
Medical Expense
Per Member Per Month ($)
575
Provider Compensation ($000)
Capitation Pay
Fee For Service
Contractual Pay
Salary
0
Bonus
0
Other
--
Member Physicians
0
Enrollment
Total Patient Encounters
Physician
0
Non-Physician
Corporate Info
Group Affiliation
None
Investment Rating
--
Company Address
777 Bannock Street
Denver, CO 80204
Phone Number
(303) 602-2100
NAIC Number
95750
Largest Affiliates
No affiliate information available.