CARE IMPROVEMENT PLUS WI INS

Minnetonka, MN

Data as of

June 30, 2022

NAIC
Classification

Health

Risk Adjusted
Capital Ratio #1

2.81

Risk Adjusted
Capital Ratio #2

2.34

Total
Assets

358.74M

Capital

209.79M

Health
Premiums

303.29M

Net
Income

16.15M

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Report

Major Rating Factors: Excellent profitability (9.9 on a scale of 0 to 10). Strong capitalization (8.8) based on excellent current risk-adjusted capital (severe loss scenario). High quality investment portfolio (9.9).

Other Rating Factors: Excellent liquidity (7.2) with ample operational cash flow and liquid investments.

Principal Lines of Business: Medicare (65.9%), Medicaid (34.1%)

Licensed in: MI, WI

Principal Enrollment Breakdown: HMO (78.0%), PPO (22.0%)

Other Highlights

Medical Loss Ratio

85.50%

Medical Expense

Per Member Per Month ($)

381

Provider Compensation ($000)

Capitation Pay

116,616

Fee For Service

98,466

Contractual Pay

789,350

Salary

Bonus

9,388

Other

Member Physicians

Enrollment

255,492

Total Patient Encounters

Physician

Non-Physician

1,416,546

Corporate Info

Group Affiliation

None

Investment Rating

Company Address

9800 Health Care Lane
MILWAUKEE, WI 53214

Phone Number

(952) 936-1300

NAIC Number

14041

Website

Largest Affiliates

No affiliate information available.