B
WellCare of Maine Inc
Rating Date
June 2024
NAIC
Classification
Health
Risk Adjusted
Capital Ratio #1
2.88
Risk Adjusted
Capital Ratio #2
2.40
Total
Assets
52.70M
Capital
28.23M
Health
Premiums
123.45M
Net
Income
4.39M
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Weiss Ratings WellCare of Maine Inc
Saint Louis, MO 		Click to
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Rating B
Capitalization Index 8.90
Investment Safety Index 8.11
Liquidity Index 6.73
Profitability Index 8.61
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 --
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 52.70M
Capital and Reserves WellCare of Maine Inc
Saint Louis, MO 		Click to
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Risk-Adjusted Capital Ratio #1 2.88
Risk-Adjusted Capital Ratio #2 2.40
1-Year Reserve Development --
2-Year Reserve Development --
Capital 28.23M
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 84.93%
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 1.72K
Capitation Pay 3.17K
Contractual Pay 95.02K
Enrollment 8.00K
Fee For Service 0.00
Medical Expense Per Member Per Month $4,344.00
Network Physicians 33.60K
Other Pay --
Salary Pay 0.00
Total Patient Encounters - Physician 77.45K
Total Patient Encounters-Non-Physician 55.31K
Profitability WellCare of Maine Inc
Saint Louis, MO 		Click to
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Net Income 4.39M
Net Premium 123.45M
Health Premium 123.45M