E
Health Choice Utah Inc
Murray,  UT
Rating Date
June 2024
NAIC
Classification
Health
Risk Adjusted
Capital Ratio #1
1.82
Risk Adjusted
Capital Ratio #2
1.52
Total
Assets
116.45M
Capital
29.88M
Health
Premiums
182.42M
Net
Income
7.78M
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Weiss Ratings Health Choice Utah Inc
Murray, UT 		Click to
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Rating E
Capitalization Index 7.58
Investment Safety Index 7.79
Liquidity Index 7.04
Profitability Index 8.49
Reserve Adequacy Index --
Stability Index 4.89
Company Info Health Choice Utah Inc
Murray, UT 		Click to
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Industry Health
NAIC Number 14481
Phone Number (801) 646-7296
Website www.healthchoiceutah.com
Address 6056 South Fashion Square Drive Murray, UT 84107
Balance Sheet Health Choice Utah Inc
Murray, UT 		Click to
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Total Assets 116.45M
Capital and Reserves Health Choice Utah Inc
Murray, UT 		Click to
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Risk-Adjusted Capital Ratio #1 1.82
Risk-Adjusted Capital Ratio #2 1.52
1-Year Reserve Development --
2-Year Reserve Development --
Capital 29.88M
Premium to Surplus --
Reserves to Surplus --
Investments Health Choice Utah Inc
Murray, UT 		Click to
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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 Health Choice Utah Inc
Murray, UT 		Click to
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Medical Loss Ratio 77.54%
Cash From Underwriting --
Combined Ratio --
Expense Ratio --
Loss Ratio --
Net Premium Growth --
Other Medical Health Choice Utah Inc
Murray, UT 		Click to
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Bonus Pay 0.00
Capitation Pay 0.00
Contractual Pay 140.93K
Enrollment 48.51K
Fee For Service 12.88K
Medical Expense Per Member Per Month $981.00
Network Physicians 14.08K
Other Pay --
Salary Pay 0.00
Total Patient Encounters - Physician 227.97K
Total Patient Encounters-Non-Physician 213.06K
Profitability Health Choice Utah Inc
Murray, UT 		Click to
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Net Income 7.78M
Net Premium 182.42M
Health Premium 182.42M