B
Blue Cross & Blue Shield of RI
Rating Date
June 2024
NAIC
Classification
Health
Risk Adjusted
Capital Ratio #1
2.97
Risk Adjusted
Capital Ratio #2
2.47
Total
Assets
922.70M
Capital
408.95M
Health
Premiums
1.88B
Net
Income
21.04M
My Lists My Alerts
Weiss Ratings Blue Cross & Blue Shield of RI
Providence, RI 		Click to
Compare		 Click to
Compare		 Click to
Compare
Rating B
Capitalization Index 9.01
Investment Safety Index 6.55
Liquidity Index 6.53
Profitability Index 6.88
Reserve Adequacy Index --
Stability Index 5.43
Company Info Blue Cross & Blue Shield of RI
Providence, RI 		Click to
Compare		 Click to
Compare		 Click to
Compare
Industry Health
NAIC Number 53473
Phone Number (401) 459-2183
Website www.bcbsri.com
Address 500 Exchange Street Providence, RI 02903
Balance Sheet Blue Cross & Blue Shield of RI
Providence, RI 		Click to
Compare		 Click to
Compare		 Click to
Compare
Total Assets 922.70M
Capital and Reserves Blue Cross & Blue Shield of RI
Providence, RI 		Click to
Compare		 Click to
Compare		 Click to
Compare
Risk-Adjusted Capital Ratio #1 2.97
Risk-Adjusted Capital Ratio #2 2.47
1-Year Reserve Development --
2-Year Reserve Development --
Capital 408.95M
Premium to Surplus --
Reserves to Surplus --
Investments Blue Cross & Blue Shield of RI
Providence, RI 		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 Blue Cross & Blue Shield of RI
Providence, RI 		Click to
Compare		 Click to
Compare		 Click to
Compare
Medical Loss Ratio 86.60%
Cash From Underwriting --
Combined Ratio --
Expense Ratio --
Loss Ratio --
Net Premium Growth --
Other Medical Blue Cross & Blue Shield of RI
Providence, RI 		Click to
Compare		 Click to
Compare		 Click to
Compare
Bonus Pay 0.00
Capitation Pay 121.61K
Contractual Pay 1.47M
Enrollment 385.67K
Fee For Service 0.00
Medical Expense Per Member Per Month $1,410.00
Network Physicians 4.24K
Other Pay --
Salary Pay 0.00
Total Patient Encounters - Physician 1.68M
Total Patient Encounters-Non-Physician 1.60M
Profitability Blue Cross & Blue Shield of RI
Providence, RI 		Click to
Compare		 Click to
Compare		 Click to
Compare
Net Income 21.04M
Net Premium 1.88B
Health Premium 1.88B