Major Rating Factors:
Good overall results on stability tests (5.2 on a scale of 0 to 10). Rating is significantly influenced by the strong financial results of Blue Cross Blue Shield of Michigan Mutual Ins Co. Good liquidity (6.8) with sufficient resources (cash flows and marketable investments) to handle a spike in claims. Weak profitability index (1.6) with modest operating losses during 2019, 2022 and 2023.
Other Rating Factors:
Excellent overall capitalization (10.0) based on excellent current risk-adjusted capital (severe loss scenario) despite some fluctuation in capital levels. Excellent quality investment portfolio (8.2) containing small junk bond exposure.
Principal Lines of Business:
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Licensed in:
VT
Principal Enrollment Breakdown:
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Other Highlights
Medical Loss Ratio
Medical Expense
Per Member Per Month ($)
Provider Compensation ($000)
Capitation Pay
Fee For Service
Contractual Pay
Salary
Bonus
Other
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Member Physicians
Enrollment
Total Patient Encounters
Physician
Non-Physician
Corporate Info
Group Affiliation
Blue Cross Blue Shield of Michigan Mutual Ins Co
Investment Rating
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Company Address
445 Industrial Lane
Berlin, VT 05602
Berlin, VT 05602
Phone Number
(802) 223-6131
NAIC Number
95696
Website
Largest Affiliates