Major Rating Factors:
Good overall profitability index (5.5 on a scale of 0 to 10) despite a decline in earnings during 2021. Good quality investment portfolio (6.8) containing moderate junk bond exposure. Good overall results on stability tests (6.0) despite rapid enrollment growth during the past five years.
Other Rating Factors:
Good liquidity (6.8) with sufficient resources (cash flows and marketable investments) to handle a spike in claims. Excellent overall capitalization (10.0) based on good current risk-adjusted capital (severe loss scenario) despite some fluctuation in capital levels.
Principal Lines of Business:
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Licensed in:
MI
Principal Enrollment Breakdown:
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Other Highlights
Medical Loss Ratio
Medical Expense
Per Member Per Month ($)
Provider Compensation ($000)
Capitation Pay
Fee For Service
Contractual Pay
Salary
Bonus
Other
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Member Physicians
Enrollment
Total Patient Encounters
Physician
Non-Physician
Corporate Info
Group Affiliation
Blue Cross Blue Shield of Michigan Mutual Ins Co
Investment Rating
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Company Address
600 East Lafayette Boulevard
Detroit, MI 48226
Detroit, MI 48226
Phone Number
(313) 225-9000
NAIC Number
54291
Website
Largest Affiliates
