Aetna Health of Michigan Inc

Southfield, MI

Rating Date

April 2025

NAIC
Classification

Health

Risk Adjusted
Capital Ratio #1

1.92

Risk Adjusted
Capital Ratio #2

1.60

Total
Assets

134.12M

Capital

44.00M

Health
Premiums

399.59M

Net
Income

1.77M

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Weiss Ratings	Aetna Health of Michigan Inc Southfield, MI	Click to Compare	Click to Compare	Click to Compare
Rating	B
Capitalization Index	7.70
Investment Safety Index	8.47
Liquidity Index	7.08
Profitability Index	4.89
Reserve Adequacy Index	--
Stability Index	7.15

Company Info	Aetna Health of Michigan Inc Southfield, MI	Click to Compare	Click to Compare	Click to Compare
Industry	Health
NAIC Number	02043
Phone Number	(248) 357-7766
Website	www.aetna-medicareadvantage.com
Address	28588 Northwestern Highway Southfield, MI 48034

Balance Sheet	Aetna Health of Michigan Inc Southfield, MI	Click to Compare	Click to Compare	Click to Compare
Total Assets	134.12M

Capital and Reserves	Aetna Health of Michigan Inc Southfield, MI	Click to Compare	Click to Compare	Click to Compare
Risk-Adjusted Capital Ratio #1	1.92
Risk-Adjusted Capital Ratio #2	1.60
1-Year Reserve Development	--
2-Year Reserve Development	--
Capital	44.00M
Premium to Surplus	--
Reserves to Surplus	--

Investments	Aetna Health of Michigan Inc Southfield, 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	Aetna Health of Michigan Inc Southfield, MI	Click to Compare	Click to Compare	Click to Compare
Medical Loss Ratio	85.70%
Cash From Underwriting	--
Combined Ratio	--
Expense Ratio	--
Loss Ratio	--
Net Premium Growth	--

Other Medical	Aetna Health of Michigan Inc Southfield, MI	Click to Compare	Click to Compare	Click to Compare
Bonus Pay	8.26K
Capitation Pay	6.05K
Contractual Pay	281.99K
Enrollment	33.85K
Fee For Service	20.43K
Medical Expense Per Member Per Month	$3,374.00
Network Physicians	157.97K
Other Pay	--
Salary Pay	0.00
Total Patient Encounters - Physician	1.09M
Total Patient Encounters-Non-Physician	1.13M

Profitability	Aetna Health of Michigan Inc Southfield, MI	Click to Compare	Click to Compare	Click to Compare
Net Income	1.77M
Net Premium	399.59M
Health Premium	399.59M