B
CareSource Georgia Co
Atlanta,  GA
Rating Date
June 2024
NAIC
Classification
Health
Risk Adjusted
Capital Ratio #1
1.38
Risk Adjusted
Capital Ratio #2
1.15
Total
Assets
507.02M
Capital
202.66M
Health
Premiums
1.56B
Net
Income
74.04M
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Weiss Ratings CareSource Georgia Co
Atlanta, GA 		Click to
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Rating B
Capitalization Index 7.03
Investment Safety Index 9.13
Liquidity Index 6.99
Profitability Index 5.81
Reserve Adequacy Index --
Stability Index 7.89
Company Info CareSource Georgia Co
Atlanta, GA 		Click to
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Industry Health
NAIC Number 15710
Phone Number (678) 214-7500
Website --
Address 600 Galleria Parkway Atlanta, GA 30339
Balance Sheet CareSource Georgia Co
Atlanta, GA 		Click to
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Total Assets 507.02M
Capital and Reserves CareSource Georgia Co
Atlanta, GA 		Click to
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Risk-Adjusted Capital Ratio #1 1.38
Risk-Adjusted Capital Ratio #2 1.15
1-Year Reserve Development --
2-Year Reserve Development --
Capital 202.66M
Premium to Surplus --
Reserves to Surplus --
Investments CareSource Georgia Co
Atlanta, GA 		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 CareSource Georgia Co
Atlanta, GA 		Click to
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Medical Loss Ratio 84.52%
Cash From Underwriting --
Combined Ratio --
Expense Ratio --
Loss Ratio --
Net Premium Growth --
Other Medical CareSource Georgia Co
Atlanta, GA 		Click to
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Bonus Pay 0.00
Capitation Pay 5.33K
Contractual Pay 1.28M
Enrollment 514.42K
Fee For Service 0.00
Medical Expense Per Member Per Month $224.00
Network Physicians 66.26K
Other Pay --
Salary Pay 0.00
Total Patient Encounters - Physician 57.89K
Total Patient Encounters-Non-Physician 3.60M
Profitability CareSource Georgia Co
Atlanta, GA 		Click to
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Net Income 74.04M
Net Premium 1.56B
Health Premium 1.56B
Weiss Ratings