A
UNICARE Health Plan of WV Inc
Rating Date
June 2024
NAIC
Classification
Health
Risk Adjusted
Capital Ratio #1
4.53
Risk Adjusted
Capital Ratio #2
3.77
Total
Assets
399.90M
Capital
223.01M
Health
Premiums
784.36M
Net
Income
57.62M
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Weiss Ratings UNICARE Health Plan of WV Inc
Charleston, WV 		Click to
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Rating A
Capitalization Index 10.00
Investment Safety Index 4.18
Liquidity Index 7.10
Profitability Index 10.00
Reserve Adequacy Index --
Stability Index 8.07
Company Info UNICARE Health Plan of WV Inc
Charleston, WV 		Click to
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Industry Health
NAIC Number 11810
Phone Number (877) 864-2273
Website www.elevancehealth.com
Address 200 Association Drive Charleston, WV 25311
Balance Sheet UNICARE Health Plan of WV Inc
Charleston, WV 		Click to
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Total Assets 399.90M
Capital and Reserves UNICARE Health Plan of WV Inc
Charleston, WV 		Click to
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Risk-Adjusted Capital Ratio #1 4.53
Risk-Adjusted Capital Ratio #2 3.77
1-Year Reserve Development --
2-Year Reserve Development --
Capital 223.01M
Premium to Surplus --
Reserves to Surplus --
Investments UNICARE Health Plan of WV Inc
Charleston, WV 		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 UNICARE Health Plan of WV Inc
Charleston, WV 		Click to
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Medical Loss Ratio 79.51%
Cash From Underwriting --
Combined Ratio --
Expense Ratio --
Loss Ratio --
Net Premium Growth --
Other Medical UNICARE Health Plan of WV Inc
Charleston, WV 		Click to
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Bonus Pay 364.94K
Capitation Pay 14.42K
Contractual Pay 214.34K
Enrollment 204.48K
Fee For Service 14.47K
Medical Expense Per Member Per Month $1,017.00
Network Physicians 1.54K
Other Pay --
Salary Pay 0.00
Total Patient Encounters - Physician 1.38M
Total Patient Encounters-Non-Physician 1.37M
Profitability UNICARE Health Plan of WV Inc
Charleston, WV 		Click to
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Net Income 57.62M
Net Premium 784.36M
Health Premium 784.36M