C
MoreCare Inc
Chicago,  IL
Rating Date
April 2025
NAIC
Classification
Health
Risk Adjusted
Capital Ratio #1
2.03
Risk Adjusted
Capital Ratio #2
1.69
Total
Assets
17.92M
Capital
4.74M
Health
Premiums
22.49M
Net
Income
977.22K
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Weiss Ratings MoreCare Inc
Chicago, IL 		Click to
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Rating C
Capitalization Index 7.84
Investment Safety Index 9.90
Liquidity Index 6.88
Profitability Index 4.07
Reserve Adequacy Index --
Stability Index 3.21
Company Info MoreCare Inc
Chicago, IL 		Click to
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Industry Health
NAIC Number 16504
Phone Number (312) 274-0126
Website www.mymorecare.com
Address 180 North Stetson Avenue Chicago, IL 60601
Balance Sheet MoreCare Inc
Chicago, IL 		Click to
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Total Assets 17.92M
Capital and Reserves MoreCare Inc
Chicago, IL 		Click to
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Risk-Adjusted Capital Ratio #1 2.03
Risk-Adjusted Capital Ratio #2 1.69
1-Year Reserve Development --
2-Year Reserve Development --
Capital 4.74M
Premium to Surplus --
Reserves to Surplus --
Investments MoreCare Inc
Chicago, IL 		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 MoreCare Inc
Chicago, IL 		Click to
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Medical Loss Ratio 85.03%
Cash From Underwriting --
Combined Ratio --
Expense Ratio --
Loss Ratio --
Net Premium Growth --
Other Medical MoreCare Inc
Chicago, IL 		Click to
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Bonus Pay 0.00
Capitation Pay 14.37K
Contractual Pay 0.00
Enrollment 0.00
Fee For Service 0.00
Medical Expense Per Member Per Month --
Network Physicians 14.77K
Other Pay --
Salary Pay 0.00
Total Patient Encounters - Physician 2.25K
Total Patient Encounters-Non-Physician 5.64K
Profitability MoreCare Inc
Chicago, IL 		Click to
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Net Income 977.22K
Net Premium 27.86M
Health Premium 22.49M