B
BC&BS of MA HMO Blue Inc
BostonMA
Rating Date
September 2023
NAIC
Classification
Risk Adjusted
Capital Ratio #1
Risk Adjusted
Capital Ratio #2
Total
Assets
Capital
Health
Premiums
Net
Income
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Major Rating Factors: Good liquidity (6.8 on a scale of 0 to 10) with sufficient resources (cash flows and marketable investments) to handle a spike in claims. Excellent profitability (7.4) despite a decline in earnings during 2021. Excellent overall capitalization (10.0) based on good current risk-adjusted capital (severe loss scenario) despite some fluctuation in capital levels.
Other Rating Factors: Excellent overall results on stability tests (7.8) based on consistent premium and capital growth in the last five years. Fair quality investment portfolio (4.4).
Principal Lines of Business: --
Licensed in: MA
Principal Enrollment Breakdown: --
Other Highlights
Medical Loss Ratio
Medical Expense
Per Member Per Month ($)
742
Provider Compensation ($000)
Capitation Pay
Fee For Service
Contractual Pay
Salary
0
Bonus
Other
--
Member Physicians
Enrollment
Total Patient Encounters
Physician
Non-Physician
Corporate Info
Group Affiliation
Blue Cross and Blue Shield of Massachusetts Inc
Investment Rating
--
Company Address
101 Huntington Avenue
Boston, MA 02199
Phone Number
(617) 246-5791
NAIC Number
12219
Largest Affiliates
C
Boston, MA - Health
Weiss Ratings