D
WPS Health Plan Inc
Madison,  WI
Rating Date
January 2026
NAIC
Classification
Health
Risk Adjusted
Capital Ratio #1
4.58
Risk Adjusted
Capital Ratio #2
3.82
Total
Assets
30.76M
Capital
24.86M
Health
Premiums
40.94M
Net
Income
5.85M
My Lists My Alerts
Weiss Ratings WPS Health Plan Inc
Madison, WI 		Click to
Compare		 Click to
Compare		 Click to
Compare
Rating D
Capitalization Index 10.00
Investment Safety Index 7.79
Liquidity Index 7.23
Profitability Index 2.71
Reserve Adequacy Index --
Stability Index 2.40
Company Info WPS Health Plan Inc
Madison, WI 		Click to
Compare		 Click to
Compare		 Click to
Compare
Industry Health
NAIC Number 10159
Phone Number (608) 977-5000
Website www.wpshealth.com
Address 1717 West Broadway Madison, WI 53713
Balance Sheet WPS Health Plan Inc
Madison, WI 		Click to
Compare		 Click to
Compare		 Click to
Compare
Total Assets 30.76M
Capital and Reserves WPS Health Plan Inc
Madison, WI 		Click to
Compare		 Click to
Compare		 Click to
Compare
Risk-Adjusted Capital Ratio #1 4.58
Risk-Adjusted Capital Ratio #2 3.82
1-Year Reserve Development --
2-Year Reserve Development --
Capital 24.86M
Premium to Surplus --
Reserves to Surplus --
Investments WPS Health Plan Inc
Madison, WI 		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 WPS Health Plan Inc
Madison, WI 		Click to
Compare		 Click to
Compare		 Click to
Compare
Medical Loss Ratio 83.46%
Cash From Underwriting --
Combined Ratio --
Expense Ratio --
Loss Ratio --
Net Premium Growth --
Other Medical WPS Health Plan Inc
Madison, WI 		Click to
Compare		 Click to
Compare		 Click to
Compare
Bonus Pay 0.00
Capitation Pay 0.00
Contractual Pay 32.95K
Enrollment 3.88K
Fee For Service 9.35K
Medical Expense Per Member Per Month $514.00
Network Physicians 26.00K
Other Pay --
Salary Pay 0.00
Total Patient Encounters - Physician 22.86K
Total Patient Encounters-Non-Physician 25.67K
Profitability WPS Health Plan Inc
Madison, WI 		Click to
Compare		 Click to
Compare		 Click to
Compare
Net Income 5.85M
Net Premium 40.94M
Health Premium 40.94M