E
Bay Area Accountable Care
Rating Date
January 2026
NAIC
Classification
Health
Risk Adjusted
Capital Ratio #1
0.00
Risk Adjusted
Capital Ratio #2
0.00
Total
Assets
-6.66M
Capital
17.90M
Health
Premiums
366.80M
Net
Income
-8.39M
My Lists My Alerts
Loading...
Major Rating Factors: Weak profitability index (0.9 on a scale of 0 to 10) with 89.1 million in losses in the last five years. Weak capitalization index (0.0) based on weak current risk-adjusted capital (severe loss scenario). Fair overall results on stability tests (2.9) in spite of healthy premium and capital growth during 2023.
Other Rating Factors: Weak liquidity (0.0) as a spike in claims may stretch capacity.
Principal Lines of Business: --
Licensed in: CA
Principal Enrollment Breakdown: --
Other Highlights
Medical Loss Ratio
93.67%
Medical Expense
Per Member Per Month ($)
547
Provider Compensation ($000)
Capitation Pay
--
Fee For Service
--
Contractual Pay
--
Salary
--
Bonus
--
Other
--
Member Physicians
--
Enrollment
51,826
Total Patient Encounters
Physician
--
Non-Physician
67,193
Corporate Info
Group Affiliation
None
Investment Rating
--
Company Address
2100 Powell Street
Emeryville, CA 94608
Phone Number
(888) 822-6679
NAIC Number
--
Website
http://www.canopyhealth.com
Largest Affiliates
No affiliate information available.