B
UnitedHealthcare Ins Co of NY
Rating Date
September 2023
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: Good liquidity (6.1 on a scale of 0 to 10) with sufficient resources (cash flows and marketable investments) to handle a spike in claims. Excellent profitability (8.4) despite a decline in earnings during 2021. Excellent overall capitalization (10.0) based on good current risk-adjusted capital (severe loss scenario) despite some fluctuation in capital levels.
Other Rating Factors: Excellent quality investment portfolio (9.0) containing small junk bond exposure. Excellent overall results on stability tests (8.0) based on consistent premium and capital growth in the last five years. Rating is significantly influenced by the strong financial results of UnitedHealth Group Incorporated.
Principal Lines of Business: --
Licensed in: DC, NY
Principal Enrollment Breakdown: --
Other Highlights
Medical Loss Ratio
Medical Expense
Per Member Per Month ($)
187
Provider Compensation ($000)
Capitation Pay
Fee For Service
Contractual Pay
Salary
0
Bonus
Other
Member Physicians
Enrollment
Total Patient Encounters
Physician
Non-Physician
Corporate Info
Group Affiliation
UnitedHealth Group Incorporated
Investment Rating
UNH
Company Address
2950 Expressway Drive, South
Islandia, NY 11749
Phone Number
(877) 832-7734
NAIC Number
60093
Largest Affiliates
A
Minnetonka, MN - Health
A
Las Vegas, NV - Health
B
Milwaukee, WI - Health
B
Minnetonka, MN - Health
B
Minnetonka, MN - Health
Weiss Ratings