Bright Health Ins Co
Major Rating Factors:
Weak profitability index (0.3 on a scale of 0 to 10) with 142.0 million in losses in the last five years. Average return on equity has been extremely poor. Weak capitalization index (1.6) based on weak current risk-adjusted capital (severe loss scenario). Weak overall results on stability tests (1.9) based on rapid enrollment growth during the past five years, rapid premium growth over the last five years.
Other Rating Factors:
Weak liquidity (0.7) as a spike in claims may stretch capacity. Excellent quality investment portfolio (9.7) containing small junk bond exposure.
Principal Lines of Business:
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Licensed in:
AL, AZ, CO, LA, NE, OK, SC, TX, UT, VA, WA
Principal Enrollment Breakdown:
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Other Highlights
Medical Loss Ratio
Medical Expense
Per Member Per Month ($)
Provider Compensation ($000)
Capitation Pay
Fee For Service
Contractual Pay
Salary
Bonus
Other
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Member Physicians
Enrollment
Total Patient Encounters
Physician
Non-Physician
Corporate Info
Group Affiliation
Bright Health Group Inc
Investment Rating
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Company Address
8000 Norman Center Drive
Minneapolis, MN 55437
Minneapolis, MN 55437
Phone Number
(612) 238-1321
NAIC Number
15963
Website
Largest Affiliates
