My Choice WI Health Plan Inc

Madison, WI

Rating Date

April 2025

NAIC
Classification

Health

Risk Adjusted
Capital Ratio #1

3.61

Risk Adjusted
Capital Ratio #2

3.01

Total
Assets

99.56M

Capital

68.21M

Health
Premiums

202.75M

Net
Income

5.28M

My Lists My Alerts

Weiss Ratings	My Choice WI Health Plan Inc Madison, WI	Click to Compare	Click to Compare	Click to Compare
Rating	B
Capitalization Index	10.00
Investment Safety Index	9.89
Liquidity Index	7.19
Profitability Index	6.85
Reserve Adequacy Index	--
Stability Index	5.14

Company Info	My Choice WI Health Plan Inc Madison, WI	Click to Compare	Click to Compare	Click to Compare
Industry	Health
NAIC Number	12248
Phone Number	(608) 240-0020
Website	www.mychoicewi.org
Address	1617 Sherman Avenue Madison, WI 53704

Balance Sheet	My Choice WI Health Plan Inc Madison, WI	Click to Compare	Click to Compare	Click to Compare
Total Assets	99.56M

Capital and Reserves	My Choice WI Health Plan Inc Madison, WI	Click to Compare	Click to Compare	Click to Compare
Risk-Adjusted Capital Ratio #1	3.61
Risk-Adjusted Capital Ratio #2	3.01
1-Year Reserve Development	--
2-Year Reserve Development	--
Capital	68.21M
Premium to Surplus	--
Reserves to Surplus	--

Investments	My Choice WI 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	My Choice WI Health Plan Inc Madison, WI	Click to Compare	Click to Compare	Click to Compare
Medical Loss Ratio	82.84%
Cash From Underwriting	--
Combined Ratio	--
Expense Ratio	--
Loss Ratio	--
Net Premium Growth	--

Other Medical	My Choice WI Health Plan Inc Madison, WI	Click to Compare	Click to Compare	Click to Compare
Bonus Pay	476.00
Capitation Pay	1.84K
Contractual Pay	157.65K
Enrollment	90.77K
Fee For Service	7.82K
Medical Expense Per Member Per Month	$1,850.00
Network Physicians	38.43K
Other Pay	--
Salary Pay	0.00
Total Patient Encounters - Physician	0.00
Total Patient Encounters-Non-Physician	0.00

Profitability	My Choice WI Health Plan Inc Madison, WI	Click to Compare	Click to Compare	Click to Compare
Net Income	5.28M
Net Premium	202.75M
Health Premium	202.75M