A
Cmnty Care Hlth Plan of NV Inc
NorfolkVA
Rating Date
June 2024
NAIC
Classification
Risk Adjusted
Capital Ratio #1
Risk Adjusted
Capital Ratio #2
Total
Assets
Capital
Health
Premiums
Net
Income
Weiss Ratings Cmnty Care Hlth Plan of NV Inc
Norfolk, VA
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Rating A
Capitalization Index 10.00
Investment Safety Index 7.22
Liquidity Index 6.92
Profitability Index 9.31
Reserve Adequacy Index --
Stability Index 6.24
Company Info Cmnty Care Hlth Plan of NV Inc
Norfolk, VA
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Industry Health
NAIC Number 12586
Phone Number (757) 490-6900
Website www.elevancehealth.com
Address 5800 Northampton Boulevard Norfolk, VA 23502
Balance Sheet Cmnty Care Hlth Plan of NV Inc
Norfolk, VA
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Total Assets 415.17M
Capital and Reserves Cmnty Care Hlth Plan of NV Inc
Norfolk, VA
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Risk-Adjusted Capital Ratio #1 4.28
Risk-Adjusted Capital Ratio #2 3.57
1-Year Reserve Development --
2-Year Reserve Development --
Capital 199.98M
Premium to Surplus --
Reserves to Surplus --
Investments Cmnty Care Hlth Plan of NV Inc
Norfolk, VA
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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 Cmnty Care Hlth Plan of NV Inc
Norfolk, VA
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Medical Loss Ratio 77.26%
Cash From Underwriting --
Combined Ratio --
Expense Ratio --
Loss Ratio --
Net Premium Growth --
Other Medical Cmnty Care Hlth Plan of NV Inc
Norfolk, VA
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Bonus Pay 314.33K
Capitation Pay 8.03K
Contractual Pay 301.86K
Enrollment 217.79K
Fee For Service 17.42K
Medical Expense Per Member Per Month $952.00
Network Physicians 11.98K
Other Pay --
Salary Pay 0.00
Total Patient Encounters - Physician 1.02M
Total Patient Encounters-Non-Physician 1.32M
Profitability Cmnty Care Hlth Plan of NV Inc
Norfolk, VA
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Net Income 55.11M
Net Premium 793.11M
Health Premium 793.11M