Blue Cross & Blue Shield of NC

Durham, NC

Rating Date

September 2023

NAIC
Classification

Health

Risk Adjusted
Capital Ratio #1

5.55

Risk Adjusted
Capital Ratio #2

4.62

Total
Assets

8.08B

Capital

4.48B

Health
Premiums

7.63B

Net
Income

-64.45M

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Weiss Ratings	Blue Cross & Blue Shield of NC Durham, NC	Click to Compare	Click to Compare	Click to Compare
Rating	B
Capitalization Index	10.00
Investment Safety Index	5.44
Liquidity Index	6.47
Profitability Index	5.77
Reserve Adequacy Index	--
Stability Index	7.86

Company Info	Blue Cross & Blue Shield of NC Durham, NC	Click to Compare	Click to Compare	Click to Compare
Industry	Health
NAIC Number	54631
Phone Number	(919) 489-7431
Website	www.bluecrossnc.com
Address	4613 University Drive Durham, NC 27707

Balance Sheet	Blue Cross & Blue Shield of NC Durham, NC	Click to Compare	Click to Compare	Click to Compare
Total Assets	8.08B

Capital and Reserves	Blue Cross & Blue Shield of NC Durham, NC	Click to Compare	Click to Compare	Click to Compare
Risk-Adjusted Capital Ratio #1	5.55
Risk-Adjusted Capital Ratio #2	4.62
1-Year Reserve Development	--
2-Year Reserve Development	--
Capital	4.48B
Premium to Surplus	--
Reserves to Surplus	--

Investments	Blue Cross & Blue Shield of NC Durham, NC	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 NC Durham, NC	Click to Compare	Click to Compare	Click to Compare
Medical Loss Ratio	87.86%
Cash From Underwriting	--
Combined Ratio	--
Expense Ratio	--
Loss Ratio	--
Net Premium Growth	--

Other Medical	Blue Cross & Blue Shield of NC Durham, NC	Click to Compare	Click to Compare	Click to Compare
Bonus Pay	76.00K
Capitation Pay	74.38K
Contractual Pay	5.84M
Enrollment	2.33M
Fee For Service	2.31M
Medical Expense Per Member Per Month	$399.00
Network Physicians	76.80K
Other Pay	--
Salary Pay	0.00
Total Patient Encounters - Physician	7.73M
Total Patient Encounters-Non-Physician	0.00

Profitability	Blue Cross & Blue Shield of NC Durham, NC	Click to Compare	Click to Compare	Click to Compare
Net Income	-64.45M
Net Premium	7.66B
Health Premium	7.63B