E
Bright Health Ins Co
Rating Date
September 2023
NAIC
Classification
Risk Adjusted
Capital Ratio #1
Risk Adjusted
Capital Ratio #2
Total
Assets
Capital
Health
Premiums
Net
Income
Weiss Ratings Bright Health Ins Co
Minneapolis, MN
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Rating E
Capitalization Index 1.56
Investment Safety Index 9.67
Liquidity Index 0.71
Profitability Index 0.30
Reserve Adequacy Index --
Stability Index 1.92
Company Info Bright Health Ins Co
Minneapolis, MN
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Industry Health
NAIC Number 15963
Phone Number (612) 238-1321
Website www.brighthealthcare.com
Address 8000 Norman Center Drive Minneapolis, MN 55437
Balance Sheet Bright Health Ins Co
Minneapolis, MN
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Total Assets $351.69M
Capital and Reserves Bright Health Ins Co
Minneapolis, MN
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Risk-Adjusted Capital Ratio #1 0.45
Risk-Adjusted Capital Ratio #2 0.38
1-Year Reserve Development --
2-Year Reserve Development --
Capital $8.40M
Premium to Surplus --
Reserves to Surplus --
Investments Bright Health Ins Co
Minneapolis, MN
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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 Bright Health Ins Co
Minneapolis, MN
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Medical Loss Ratio 94.84%
Cash From Underwriting --
Combined Ratio --
Expense Ratio --
Loss Ratio --
Net Premium Growth --
Other Medical Bright Health Ins Co
Minneapolis, MN
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Bonus Pay $372.31K
Capitation Pay $1.67K
Contractual Pay $0.00
Enrollment $124.97K
Fee For Service $0.00
Medical Expense Per Member Per Month $143.00
Network Physicians $135.02K
Other Pay --
Salary Pay $0.00
Total Patient Encounters - Physician $249.66K
Total Patient Encounters-Non-Physician $204.44K
Profitability Bright Health Ins Co
Minneapolis, MN
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Net Income -$18.15M
Net Premium $149.38M
Health Premium $149.38M
Weiss Ratings