E
CareConnect Ins Co
Rating Date
January 2026
NAIC
Classification
Health
Risk Adjusted
Capital Ratio #1
266.68
Risk Adjusted
Capital Ratio #2
222.23
Total
Assets
3.78M
Capital
3.65M
Health
Premiums
168.99K
Net
Income
-15.16M
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Major Rating Factors: Weak profitability index (1.1 on a scale of 0 to 10) with 15.2 million in losses in the current year. Return on equity has been fair, averaging 8.9% over the last five years. Weak overall results on stability tests (0.0). Weak liquidity (0.0) as a spike in claims may stretch capacity.
Other Rating Factors: Excellent overall capitalization (10.0) based on excellent current risk-adjusted capital (severe loss scenario) despite some fluctuation in capital levels. Excellent quality investment portfolio (9.9).
Principal Lines of Business: --
Licensed in: (No states)
Principal Enrollment Breakdown: --
Other Highlights
Medical Loss Ratio
-165.70%
Medical Expense
Per Member Per Month ($)
--
Provider Compensation ($000)
Capitation Pay
--
Fee For Service
--
Contractual Pay
--
Salary
--
Bonus
--
Other
--
Member Physicians
0
Enrollment
0
Total Patient Encounters
Physician
0
Non-Physician
0
Corporate Info
Group Affiliation
Northwell Health Inc
Investment Rating
--
Company Address
2000 Marcus Avenue
New Hyde Park, NY 11042
Phone Number
(516) 321-6622
NAIC Number
15309
Website
http://www.careconnect.com
Largest Affiliates
No affiliate information available.