AMERIGROUP Washington Inc

Norfolk, VA

Rating Date

September 2023

NAIC
Classification

Health

Risk Adjusted
Capital Ratio #1

3.06

Risk Adjusted
Capital Ratio #2

2.55

Total
Assets

571.11M

Capital

237.47M

Health
Premiums

913.44M

Net
Income

32.27M

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Weiss Ratings	AMERIGROUP Washington Inc Norfolk, VA	Click to Compare	Click to Compare	Click to Compare
Rating	B
Capitalization Index	9.13
Investment Safety Index	5.04
Liquidity Index	6.98
Profitability Index	8.15
Reserve Adequacy Index	--
Stability Index	6.92

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.amerigroup.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	571.11M

Capital and Reserves	AMERIGROUP Washington Inc Norfolk, VA	Click to Compare	Click to Compare	Click to Compare
Risk-Adjusted Capital Ratio #1	3.06
Risk-Adjusted Capital Ratio #2	2.55
1-Year Reserve Development	--
2-Year Reserve Development	--
Capital	237.47M
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	84.74%
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	445.96K
Capitation Pay	128.37K
Contractual Pay	210.84K
Enrollment	228.49K
Fee For Service	181.68K
Medical Expense Per Member Per Month	$475.00
Network Physicians	46.84K
Other Pay	--
Salary Pay	0.00
Total Patient Encounters - Physician	757.73K
Total Patient Encounters-Non-Physician	1.25M

Profitability	AMERIGROUP Washington Inc Norfolk, VA	Click to Compare	Click to Compare	Click to Compare
Net Income	32.27M
Net Premium	913.44M
Health Premium	913.44M