D
Mass Genl Brigham Hlth Ins Co
Rating Date
April 2025
NAIC
Classification
Risk Adjusted
Capital Ratio #1
Risk Adjusted
Capital Ratio #2
Total
Assets
Capital
Health
Premiums
Net
Income
Loading...
Major Rating Factors: Weak profitability index (1.7 on a scale of 0 to 10) with modest operating losses during 2019, 2020, 2021 and 2022. Average return on equity over the last five years has been poor at -33.8%. Weak quality investment portfolio (0.0) containing no exposure to mortgages, junk bonds, or unaffiliated stocks. Good overall results on stability tests (5.4) based on healthy premium and capital growth during 2022.
Other Rating Factors: Excellent capitalization index (7.2) based on good current risk-adjusted capital (severe loss scenario). However, risk-adjusted capital has reached as low as the weak level during recent years. Excellent liquidity (7.5) with ample operational cash flow and liquid investments.
Principal Lines of Business: --
Licensed in: MA
Principal Enrollment Breakdown: --
Other Highlights
Medical Loss Ratio
Medical Expense
Per Member Per Month ($)
Provider Compensation ($000)
Capitation Pay
Fee For Service
Contractual Pay
Salary
0
Bonus
0
Other
137
Member Physicians
Enrollment
Total Patient Encounters
Physician
Non-Physician
Corporate Info
Group Affiliation
Mass General Brigham Incorporated
Investment Rating
--
Company Address
399 Revolution Drive
Somerville, MA 02145
Phone Number
(800) 433-5556
NAIC Number
16375
Largest Affiliates
D
Somerville, MA - Health
U
Somerville, MA - Health