B
WellCare of Maine Inc
Rating Date
September 2023
NAIC
Classification
Health
Risk Adjusted
Capital Ratio #1
5.08
Risk Adjusted
Capital Ratio #2
4.23
Total
Assets
62.45M
Capital
26.79M
Health
Premiums
94.37M
Net
Income
2.52M
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Weiss Ratings WellCare of Maine Inc
Saint Louis, MO 		Click to
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Rating B
Capitalization Index 10.00
Investment Safety Index 6.85
Liquidity Index 7.02
Profitability Index 8.70
Reserve Adequacy Index --
Stability Index 6.80
Company Info WellCare of Maine Inc
Saint Louis, MO 		Click to
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Industry Health
NAIC Number 16344
Phone Number (314) 725-4477
Website www.centene.com
Address 7700 Forsyth Boulevard Saint Louis, MO 63105
Balance Sheet WellCare of Maine Inc
Saint Louis, MO 		Click to
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Total Assets 62.45M
Capital and Reserves WellCare of Maine Inc
Saint Louis, MO 		Click to
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Risk-Adjusted Capital Ratio #1 5.08
Risk-Adjusted Capital Ratio #2 4.23
1-Year Reserve Development --
2-Year Reserve Development --
Capital 26.79M
Premium to Surplus --
Reserves to Surplus --
Investments WellCare of Maine Inc
Saint Louis, MO 		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 WellCare of Maine Inc
Saint Louis, MO 		Click to
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Medical Loss Ratio 76.75%
Cash From Underwriting --
Combined Ratio --
Expense Ratio --
Loss Ratio --
Net Premium Growth --
Other Medical WellCare of Maine Inc
Saint Louis, MO 		Click to
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Bonus Pay 2.46K
Capitation Pay 2.06K
Contractual Pay 63.15K
Enrollment 8.40K
Fee For Service 0.00
Medical Expense Per Member Per Month $911.00
Network Physicians 21.10K
Other Pay --
Salary Pay 0.00
Total Patient Encounters - Physician 61.05K
Total Patient Encounters-Non-Physician 44.02K
Profitability WellCare of Maine Inc
Saint Louis, MO 		Click to
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Net Income 2.52M
Net Premium 94.37M
Health Premium 94.37M
Weiss Ratings