AMERIGROUP Washington Inc

Norfolk, VA

Rating Date

June 2024

NAIC
Classification

Health

Risk Adjusted
Capital Ratio #1

3.40

Risk Adjusted
Capital Ratio #2

2.83

Total
Assets

605.11M

Capital

258.94M

Health
Premiums

1.22B

Net
Income

54.80M

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Weiss Ratings	AMERIGROUP Washington Inc Norfolk, VA	Click to Compare	Click to Compare	Click to Compare
Rating	B
Capitalization Index	9.55
Investment Safety Index	5.44
Liquidity Index	6.95
Profitability Index	8.10
Reserve Adequacy Index	--
Stability Index	7.70

Company Info	AMERIGROUP Washington Inc Norfolk, VA	Click to Compare	Click to Compare	Click to Compare
Industry	Health
NAIC Number	14073
Phone Number	(800) 331-1476
Website	www.elevancehealth.com
Address	5800 Northampton Boulevard Norfolk, VA 23502

Balance Sheet	AMERIGROUP Washington Inc Norfolk, VA	Click to Compare	Click to Compare	Click to Compare
Total Assets	605.11M

Capital and Reserves	AMERIGROUP Washington Inc Norfolk, VA	Click to Compare	Click to Compare	Click to Compare
Risk-Adjusted Capital Ratio #1	3.40
Risk-Adjusted Capital Ratio #2	2.83
1-Year Reserve Development	--
2-Year Reserve Development	--
Capital	258.94M
Premium to Surplus	--
Reserves to Surplus	--

Investments	AMERIGROUP Washington Inc Norfolk, VA	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	AMERIGROUP Washington Inc Norfolk, VA	Click to Compare	Click to Compare	Click to Compare
Medical Loss Ratio	86.20%
Cash From Underwriting	--
Combined Ratio	--
Expense Ratio	--
Loss Ratio	--
Net Premium Growth	--

Other Medical	AMERIGROUP Washington Inc Norfolk, VA	Click to Compare	Click to Compare	Click to Compare
Bonus Pay	498.29K
Capitation Pay	143.86K
Contractual Pay	380.93K
Enrollment	232.07K
Fee For Service	13.03K
Medical Expense Per Member Per Month	$1,517.00
Network Physicians	51.24K
Other Pay	--
Salary Pay	0.00
Total Patient Encounters - Physician	749.67K
Total Patient Encounters-Non-Physician	1.30M

Profitability	AMERIGROUP Washington Inc Norfolk, VA	Click to Compare	Click to Compare	Click to Compare
Net Income	54.80M
Net Premium	1.22B
Health Premium	1.22B