B
Wellpoint Iowa Inc
Norfolk,  VA
Rating Date
June 2024
NAIC
Classification
Health
Risk Adjusted
Capital Ratio #1
2.12
Risk Adjusted
Capital Ratio #2
1.77
Total
Assets
1.04B
Capital
514.75M
Health
Premiums
3.58B
Net
Income
136.68M
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Weiss Ratings Wellpoint Iowa Inc
Norfolk, VA 		Click to
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Rating B
Capitalization Index 7.96
Investment Safety Index 6.39
Liquidity Index 6.58
Profitability Index 9.30
Reserve Adequacy Index --
Stability Index 7.84
Company Info Wellpoint Iowa Inc
Norfolk, VA 		Click to
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Industry Health
NAIC Number 15807
Phone Number (800) 331-1476
Website www.elevancehealth.com
Address 5800 Northampton Boulevard Norfolk, VA 23502
Balance Sheet Wellpoint Iowa Inc
Norfolk, VA 		Click to
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Total Assets 1.04B
Capital and Reserves Wellpoint Iowa Inc
Norfolk, VA 		Click to
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Risk-Adjusted Capital Ratio #1 2.12
Risk-Adjusted Capital Ratio #2 1.77
1-Year Reserve Development --
2-Year Reserve Development --
Capital 514.75M
Premium to Surplus --
Reserves to Surplus --
Investments Wellpoint Iowa Inc
Norfolk, VA 		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 Wellpoint Iowa Inc
Norfolk, VA 		Click to
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Medical Loss Ratio 89.05%
Cash From Underwriting --
Combined Ratio --
Expense Ratio --
Loss Ratio --
Net Premium Growth --
Other Medical Wellpoint Iowa Inc
Norfolk, VA 		Click to
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Bonus Pay 1.60M
Capitation Pay 26.92K
Contractual Pay 1.48M
Enrollment 458.36K
Fee For Service 26.66K
Medical Expense Per Member Per Month $2,311.00
Network Physicians 44.99K
Other Pay --
Salary Pay 0.00
Total Patient Encounters - Physician 2.22M
Total Patient Encounters-Non-Physician 7.88M
Profitability Wellpoint Iowa Inc
Norfolk, VA 		Click to
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Net Income 136.68M
Net Premium 3.58B
Health Premium 3.58B