C
Common Ground Healthcare Coop
Rating Date
April 2025
NAIC
Classification
Risk Adjusted
Capital Ratio #1
Risk Adjusted
Capital Ratio #2
Total
Assets
Capital
Health
Premiums
Net
Income
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Major Rating Factors: Fair profitability index (4.0 on a scale of 0 to 10) with 6.8 million in losses in the last two years. Fair overall results on stability tests (3.9) based on an excessive 34% enrollment growth during the period, inordinate decline in capital during 2022. Rating is influenced by the weak financial results of Common Ground Healthcare Cooperative. Good liquidity (6.3) with sufficient resources (cash flows and marketable investments) to handle a spike in claims.
Other Rating Factors: Excellent overall capitalization (8.9) based on good current risk-adjusted capital (severe loss scenario) despite some fluctuation in capital levels. Excellent quality investment portfolio (9.2) containing small junk bond exposure.
Principal Lines of Business: --
Licensed in: WI
Principal Enrollment Breakdown: --
Other Highlights
Medical Loss Ratio
Medical Expense
Per Member Per Month ($)
Provider Compensation ($000)
Capitation Pay
0
Fee For Service
Contractual Pay
Salary
0
Bonus
0
Other
--
Member Physicians
Enrollment
Total Patient Encounters
Physician
Non-Physician
0
Corporate Info
Group Affiliation
None
Investment Rating
--
Company Address
120 Bishops Way
Brookfield, WI 53005
Phone Number
(262) 754-9690
NAIC Number
15061
Largest Affiliates
No affiliate information available.