B
HIGHMARK INC
Pittsburgh, PA
Data as of
June 30, 2020
NAIC
Classification
Health
Risk Adjusted
Capital Ratio #1
4.60
Risk Adjusted
Capital Ratio #2
3.83
Total
Assets
7.96B
Capital
4.13B
Health
Premiums
4.69B
Net
Income
425.92M
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Major Rating Factors: Good quality investment portfolio (6.8 on a scale of 0 to 10). Fair profitability index (4.3). Strong capitalization (10.0) based on excellent current risk-adjusted capital (severe loss scenario).
Other Rating Factors: Excellent liquidity (8.1) with ample operational cash flow and liquid investments.
Principal Lines of Business: Comp med (39.6%), Medicare (35.1%), FEHB (12.0%), Medicaid (8.4%), med supp (3.0%), other (1.3%), dental (0.4%), vision (0.3%)
Licensed in: PA
Principal Enrollment Breakdown: Other (50.9%), PPO (47.0%), Indemnity (2.1%)
Other Highlights
Medical Loss Ratio
39.9%
Medical Expense
Per Member Per Month ($)
333
Provider Compensation ($000)
Capitation Pay
281
Fee For Service
284,273
Contractual Pay
2,932,777
Salary
0
Bonus
25,218
Other
0
Member Physicians
104,889
Enrollment
822,964
Total Patient Encounters
Physician
104,889
Non-Physician
4,552,193
Corporate Info
Group Affiliation
None
Investment Rating
--
Company Address
1800 Center Street
Camp Hill, PA 17011
Phone Number
(412) 544-7000
NAIC Number
54771
Website
--
Largest Affiliates
No affiliate information available.
Weiss Ratings