Care Improvement Plus WI Ins
Major Rating Factors:
Excellent profitability (8.4 on a scale of 0 to 10) despite a decline in earnings during 2022. Excellent capitalization index (10.0) based on good current risk-adjusted capital (severe loss scenario) despite some fluctuation in capital levels. Excellent quality investment portfolio (7.5) containing little or no exposure to mortgages, junk bonds, or unaffiliated stocks.
Other Rating Factors:
Excellent liquidity (7.8) with ample operational cash flow and liquid investments. Weak overall results on stability tests (2.8) based on a steep decline in premium revenue in 2022, inordinate decline in capital during 2022 and a decline in the number of member physicians during 2022. Rating is significantly influenced by the strong financial results of UnitedHealth Group Incorporated.
Principal Lines of Business:
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Licensed in:
MI, WI
Principal Enrollment Breakdown:
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Other Highlights
Medical Loss Ratio
Medical Expense
Per Member Per Month ($)
Provider Compensation ($000)
Capitation Pay
Fee For Service
Contractual Pay
Salary
Bonus
Other
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Member Physicians
Enrollment
Total Patient Encounters
Physician
Non-Physician
Corporate Info
Group Affiliation
UnitedHealth Group Incorporated
Investment Rating
Company Address
9800 Health Care Lane
Minnetonka, MN 55343
Minnetonka, MN 55343
Phone Number
(952) 936-1300
NAIC Number
14041
Largest Affiliates