Bright Health Ins Co of FL

Minneapolis, MN

Rating Date

September 2023

NAIC
Classification

Health

Risk Adjusted
Capital Ratio #1

0.39

Risk Adjusted
Capital Ratio #2

0.32

Total
Assets

725.40M

Capital

32.12M

Health
Premiums

370.38M

Net
Income

-116.52M

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Weiss Ratings	Bright Health Ins Co of FL Minneapolis, MN	Click to Compare	Click to Compare	Click to Compare
Rating	E
Capitalization Index	0.84
Investment Safety Index	8.96
Liquidity Index	2.07
Profitability Index	0.00
Reserve Adequacy Index	--
Stability Index	1.66

Company Info	Bright Health Ins Co of FL Minneapolis, MN	Click to Compare	Click to Compare	Click to Compare
Industry	Health
NAIC Number	16501
Phone Number	(612) 238-1321
Website	www.brighthealthcare.com
Address	8000 Norman Center Drive Minneapolis, MN 55437

Balance Sheet	Bright Health Ins Co of FL Minneapolis, MN	Click to Compare	Click to Compare	Click to Compare
Total Assets	725.40M

Capital and Reserves	Bright Health Ins Co of FL Minneapolis, MN	Click to Compare	Click to Compare	Click to Compare
Risk-Adjusted Capital Ratio #1	0.39
Risk-Adjusted Capital Ratio #2	0.32
1-Year Reserve Development	--
2-Year Reserve Development	--
Capital	32.12M
Premium to Surplus	--
Reserves to Surplus	--

Investments	Bright Health Ins Co of FL Minneapolis, MN	Click to Compare	Click to Compare	Click to Compare
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 of FL Minneapolis, MN	Click to Compare	Click to Compare	Click to Compare
Medical Loss Ratio	92.10%
Cash From Underwriting	--
Combined Ratio	--
Expense Ratio	--
Loss Ratio	--
Net Premium Growth	--

Other Medical	Bright Health Ins Co of FL Minneapolis, MN	Click to Compare	Click to Compare	Click to Compare
Bonus Pay	1.15M
Capitation Pay	5.79K
Contractual Pay	0.00
Enrollment	270.81K
Fee For Service	0.00
Medical Expense Per Member Per Month	$208.00
Network Physicians	47.54K
Other Pay	--
Salary Pay	0.00
Total Patient Encounters - Physician	999.53K
Total Patient Encounters-Non-Physician	704.67K

Profitability	Bright Health Ins Co of FL Minneapolis, MN	Click to Compare	Click to Compare	Click to Compare
Net Income	-116.52M
Net Premium	370.38M
Health Premium	370.38M