A
MDwise Inc
Rating Date
June 2024
NAIC
Classification
Health
Risk Adjusted
Capital Ratio #1
2.31
Risk Adjusted
Capital Ratio #2
1.92
Total
Assets
686.95M
Capital
274.65M
Health
Premiums
1.87B
Net
Income
55.51M
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Weiss Ratings MDwise Inc
Indianapolis, IN 		Click to
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Rating A
Capitalization Index 8.18
Investment Safety Index 8.77
Liquidity Index 7.50
Profitability Index 9.10
Reserve Adequacy Index --
Stability Index 8.12
Company Info MDwise Inc
Indianapolis, IN 		Click to
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Industry Health
NAIC Number 02028
Phone Number (317) 822-7300
Website www.mdwise.org
Address 2955 North Meridian Street Indianapolis, IN 46208
Balance Sheet MDwise Inc
Indianapolis, IN 		Click to
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Total Assets 686.95M
Capital and Reserves MDwise Inc
Indianapolis, IN 		Click to
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Risk-Adjusted Capital Ratio #1 2.31
Risk-Adjusted Capital Ratio #2 1.92
1-Year Reserve Development --
2-Year Reserve Development --
Capital 274.65M
Premium to Surplus --
Reserves to Surplus --
Investments MDwise Inc
Indianapolis, IN 		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 MDwise Inc
Indianapolis, IN 		Click to
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Medical Loss Ratio 93.41%
Cash From Underwriting --
Combined Ratio --
Expense Ratio --
Loss Ratio --
Net Premium Growth --
Other Medical MDwise Inc
Indianapolis, IN 		Click to
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Bonus Pay 0.00
Capitation Pay 1.74M
Contractual Pay 0.00
Enrollment 418.37K
Fee For Service 0.00
Medical Expense Per Member Per Month $354.00
Network Physicians 37.65K
Other Pay --
Salary Pay 0.00
Total Patient Encounters - Physician 4.22M
Total Patient Encounters-Non-Physician 992.33K
Profitability MDwise Inc
Indianapolis, IN 		Click to
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Net Income 55.51M
Net Premium 1.87B
Health Premium 1.87B
Weiss Ratings