B
BLUE CROSS BLUE SHIELD OF MICHIGAN
DetroitMI
Data as of
December 31, 2020
NAIC
Classification
Risk Adjusted
Capital Ratio #1
Risk Adjusted
Capital Ratio #2
Total
Assets
Capital
Health
Premiums
Net
Income
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Major Rating Factors: Fair quality investment portfolio (3.1 on a scale of 0 to 10). Good overall profitability index (5.2). Strong capitalization (10.0) based on excellent current risk-adjusted capital (severe loss scenario).
Other Rating Factors: Excellent liquidity (6.9) with sufficient resources (cash flows and marketable investments) to handle a spike in claims.
Principal Lines of Business: Comp med (47.3%), Medicare (38.7%), FEHB (6.1%), med supp (4.2%), other (1.7%), dental (1.6%), vision (0.3%)
Licensed in: MI
Principal Enrollment Breakdown: Other (60.5%), PPO (35.8%), Indemnity (3.7%)
Other Highlights
Medical Loss Ratio
Medical Expense
Per Member Per Month ($)
196
Provider Compensation ($000)
Capitation Pay
0
Fee For Service
Contractual Pay
Salary
0
Bonus
Other
0
Member Physicians
--
Enrollment
Total Patient Encounters
Physician
--
Non-Physician
0
Corporate Info
Group Affiliation
None
Investment Rating
--
Company Address
600 Lafayette East
Detroit, MI 48226
Phone Number
(313) 225-9000
NAIC Number
54291
Website
--
Largest Affiliates
No affiliate information available.
Weiss Ratings