| Weiss Ratings |
HAP CareSource
Detroit, MI |
Click to Compare |
Click to Compare |
Click to Compare |
| Rating | ||||
| Capitalization Index | 7.09 | |||
| Investment Safety Index | 1.02 | |||
| Liquidity Index | 7.08 | |||
| Profitability Index | 1.68 | |||
| Reserve Adequacy Index | -- | |||
| Stability Index | 5.81 | |||
| Company Info |
HAP CareSource
Detroit, MI |
Click to Compare |
Click to Compare |
Click to Compare |
| Industry | Health | |||
| NAIC Number | 02045 | |||
| Phone Number | (313) 872-8100 | |||
| Website | www.hap.org | |||
| Address | 3031 West Grand Boulevard Detroit, MI 48202 | |||
| Balance Sheet |
HAP CareSource
Detroit, MI |
Click to Compare |
Click to Compare |
Click to Compare |
| Total Assets | 92.38M | |||
| Capital and Reserves |
HAP CareSource
Detroit, MI |
Click to Compare |
Click to Compare |
Click to Compare |
| Risk-Adjusted Capital Ratio #1 | 1.42 | |||
| Risk-Adjusted Capital Ratio #2 | 1.19 | |||
| 1-Year Reserve Development | -- | |||
| 2-Year Reserve Development | -- | |||
| Capital | 29.91M | |||
| Premium to Surplus | -- | |||
| Reserves to Surplus | -- | |||
| Investments |
HAP CareSource
Detroit, 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 |
HAP CareSource
Detroit, MI |
Click to Compare |
Click to Compare |
Click to Compare |
| Medical Loss Ratio | 81.55% | |||
| Cash From Underwriting | -- | |||
| Combined Ratio | -- | |||
| Expense Ratio | -- | |||
| Loss Ratio | -- | |||
| Net Premium Growth | -- | |||
| Other Medical |
HAP CareSource
Detroit, MI |
Click to Compare |
Click to Compare |
Click to Compare |
| Bonus Pay | 0.00 | |||
| Capitation Pay | 39.78K | |||
| Contractual Pay | 169.68K | |||
| Enrollment | 43.69K | |||
| Fee For Service | 4.93K | |||
| Medical Expense Per Member Per Month | $1,630.00 | |||
| Network Physicians | 7.88K | |||
| Other Pay | -- | |||
| Salary Pay | 0.00 | |||
| Total Patient Encounters - Physician | 569.99K | |||
| Total Patient Encounters-Non-Physician | 119.20K | |||
| Profitability |
HAP CareSource
Detroit, MI |
Click to Compare |
Click to Compare |
Click to Compare |
| Net Income | -58.06K | |||
| Net Premium | 260.43M | |||
| Health Premium | 260.43M | |||