Blue Cross & Blue Shield of AL

Birmingham, AL

Rating Date

September 2023

NAIC
Classification

Health

Risk Adjusted
Capital Ratio #1

5.76

Risk Adjusted
Capital Ratio #2

4.80

Total
Assets

5.40B

Capital

2.89B

Health
Premiums

5.71B

Net
Income

194.71M

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Weiss Ratings	Blue Cross & Blue Shield of AL Birmingham, AL	Click to Compare	Click to Compare	Click to Compare
Rating	A
Capitalization Index	10.00
Investment Safety Index	6.17
Liquidity Index	6.84
Profitability Index	6.43
Reserve Adequacy Index	--
Stability Index	7.05

Company Info	Blue Cross & Blue Shield of AL Birmingham, AL	Click to Compare	Click to Compare	Click to Compare
Industry	Health
NAIC Number	55433
Phone Number	(205) 220-2100
Website	www.bcbsal.org
Address	450 Riverchase Parkway East Birmingham, AL 35244

Balance Sheet	Blue Cross & Blue Shield of AL Birmingham, AL	Click to Compare	Click to Compare	Click to Compare
Total Assets	5.40B

Capital and Reserves	Blue Cross & Blue Shield of AL Birmingham, AL	Click to Compare	Click to Compare	Click to Compare
Risk-Adjusted Capital Ratio #1	5.76
Risk-Adjusted Capital Ratio #2	4.80
1-Year Reserve Development	--
2-Year Reserve Development	--
Capital	2.89B
Premium to Surplus	--
Reserves to Surplus	--

Investments	Blue Cross & Blue Shield of AL Birmingham, AL	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 AL Birmingham, AL	Click to Compare	Click to Compare	Click to Compare
Medical Loss Ratio	92.04%
Cash From Underwriting	--
Combined Ratio	--
Expense Ratio	--
Loss Ratio	--
Net Premium Growth	--

Other Medical	Blue Cross & Blue Shield of AL Birmingham, AL	Click to Compare	Click to Compare	Click to Compare
Bonus Pay	13.99K
Capitation Pay	1.85K
Contractual Pay	6.41M
Enrollment	1.72M
Fee For Service	809.00
Medical Expense Per Member Per Month	$423.00
Network Physicians	55.92K
Other Pay	--
Salary Pay	0.00
Total Patient Encounters - Physician	26.74M
Total Patient Encounters-Non-Physician	9.15M

Profitability	Blue Cross & Blue Shield of AL Birmingham, AL	Click to Compare	Click to Compare	Click to Compare
Net Income	194.71M
Net Premium	5.71B
Health Premium	5.71B