B
Hawaii Medical Service Assn
Rating Date
April 2025
NAIC
Classification
Health
Risk Adjusted
Capital Ratio #1
3.49
Risk Adjusted
Capital Ratio #2
2.91
Total
Assets
1.82B
Capital
847.54M
Health
Premiums
4.01B
Net
Income
26.88M
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Weiss Ratings Hawaii Medical Service Assn
Honolulu, HI 		Click to
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Rating B
Capitalization Index 9.67
Investment Safety Index 5.45
Liquidity Index 7.07
Profitability Index 6.71
Reserve Adequacy Index --
Stability Index 8.29
Company Info Hawaii Medical Service Assn
Honolulu, HI 		Click to
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Industry Health
NAIC Number 49948
Phone Number (808) 983-7243
Website hmsa.com
Address 818 Keeaumoku Street Honolulu, HI 96814
Balance Sheet Hawaii Medical Service Assn
Honolulu, HI 		Click to
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Total Assets 1.82B
Capital and Reserves Hawaii Medical Service Assn
Honolulu, HI 		Click to
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Risk-Adjusted Capital Ratio #1 3.49
Risk-Adjusted Capital Ratio #2 2.91
1-Year Reserve Development --
2-Year Reserve Development --
Capital 847.54M
Premium to Surplus --
Reserves to Surplus --
Investments Hawaii Medical Service Assn
Honolulu, HI 		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 Hawaii Medical Service Assn
Honolulu, HI 		Click to
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Medical Loss Ratio 91.59%
Cash From Underwriting --
Combined Ratio --
Expense Ratio --
Loss Ratio --
Net Premium Growth --
Other Medical Hawaii Medical Service Assn
Honolulu, HI 		Click to
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Bonus Pay 22.74K
Capitation Pay 185.34K
Contractual Pay 3.25M
Enrollment 741.73K
Fee For Service 0.00
Medical Expense Per Member Per Month $1,649.00
Network Physicians 9.92K
Other Pay --
Salary Pay 167.60K
Total Patient Encounters - Physician 6.22M
Total Patient Encounters-Non-Physician 0.00
Profitability Hawaii Medical Service Assn
Honolulu, HI 		Click to
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Net Income 26.88M
Net Premium 4.01B
Health Premium 4.01B