E
Care N Care Ins Co of NC Inc
Rating Date
April 2025
NAIC
Classification
Health
Risk Adjusted
Capital Ratio #1
0.91
Risk Adjusted
Capital Ratio #2
0.76
Total
Assets
78.64M
Capital
20.66M
Health
Premiums
49.22M
Net
Income
-24.63K
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Weiss Ratings Care N Care Ins Co of NC Inc
Greensboro, NC 		Click to
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Rating E
Capitalization Index 4.88
Investment Safety Index 9.90
Liquidity Index 0.25
Profitability Index 0.90
Reserve Adequacy Index --
Stability Index 4.89
Company Info Care N Care Ins Co of NC Inc
Greensboro, NC 		Click to
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Industry Health
NAIC Number 15685
Phone Number (336) 790-4386
Website www.healthteamadvantage.com
Address 300 East Wendover Avenue Greensboro, NC 27401
Balance Sheet Care N Care Ins Co of NC Inc
Greensboro, NC 		Click to
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Total Assets 78.64M
Capital and Reserves Care N Care Ins Co of NC Inc
Greensboro, NC 		Click to
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Risk-Adjusted Capital Ratio #1 0.91
Risk-Adjusted Capital Ratio #2 0.76
1-Year Reserve Development --
2-Year Reserve Development --
Capital 20.66M
Premium to Surplus --
Reserves to Surplus --
Investments Care N Care Ins Co of NC Inc
Greensboro, NC 		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 Care N Care Ins Co of NC Inc
Greensboro, NC 		Click to
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Medical Loss Ratio 90.28%
Cash From Underwriting --
Combined Ratio --
Expense Ratio --
Loss Ratio --
Net Premium Growth --
Other Medical Care N Care Ins Co of NC Inc
Greensboro, NC 		Click to
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Bonus Pay 0.00
Capitation Pay 2.34K
Contractual Pay 154.18K
Enrollment 15.73K
Fee For Service 0.00
Medical Expense Per Member Per Month $3,255.00
Network Physicians 13.73K
Other Pay --
Salary Pay 0.00
Total Patient Encounters - Physician 392.18K
Total Patient Encounters-Non-Physician 0.00
Profitability Care N Care Ins Co of NC Inc
Greensboro, NC 		Click to
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Net Income -24.63K
Net Premium 49.22M
Health Premium 49.22M