B
Neighborhood Health Plan of RI
Rating Date
June 2024
NAIC
Classification
Health
Risk Adjusted
Capital Ratio #1
1.01
Risk Adjusted
Capital Ratio #2
0.84
Total
Assets
501.58M
Capital
129.17M
Health
Premiums
1.63B
Net
Income
1.61M
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Weiss Ratings Neighborhood Health Plan of RI
Smithfield, RI 		Click to
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Rating B
Capitalization Index 5.52
Investment Safety Index 9.90
Liquidity Index 6.91
Profitability Index 6.19
Reserve Adequacy Index --
Stability Index 7.36
Company Info Neighborhood Health Plan of RI
Smithfield, RI 		Click to
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Industry Health
NAIC Number 02092
Phone Number (401) 459-6000
Website www.nhpri.org
Address 910 Douglas Pike Smithfield, RI 02917
Balance Sheet Neighborhood Health Plan of RI
Smithfield, RI 		Click to
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Total Assets 501.58M
Capital and Reserves Neighborhood Health Plan of RI
Smithfield, RI 		Click to
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Risk-Adjusted Capital Ratio #1 1.01
Risk-Adjusted Capital Ratio #2 0.84
1-Year Reserve Development --
2-Year Reserve Development --
Capital 129.17M
Premium to Surplus --
Reserves to Surplus --
Investments Neighborhood Health Plan of RI
Smithfield, RI 		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 Neighborhood Health Plan of RI
Smithfield, RI 		Click to
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Medical Loss Ratio 88.95%
Cash From Underwriting --
Combined Ratio --
Expense Ratio --
Loss Ratio --
Net Premium Growth --
Other Medical Neighborhood Health Plan of RI
Smithfield, RI 		Click to
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Bonus Pay 24.11K
Capitation Pay 14.36K
Contractual Pay 1.44M
Enrollment 229.22K
Fee For Service 0.00
Medical Expense Per Member Per Month $2,133.00
Network Physicians 7.01K
Other Pay --
Salary Pay 0.00
Total Patient Encounters - Physician 6.50M
Total Patient Encounters-Non-Physician 973.02K
Profitability Neighborhood Health Plan of RI
Smithfield, RI 		Click to
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Net Income 1.61M
Net Premium 1.63B
Health Premium 1.63B