A
BC&BS of MS a Mutual Ins Co
FlowoodMS
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: Excellent overall capitalization (10.0 on a scale of 0 to 10) based on good current risk-adjusted capital (severe loss scenario). Furthermore, this high level of risk-adjusted capital has been consistently maintained in previous years. Excellent overall results on stability tests (7.6) based on consistent premium and capital growth in the last five years. Good overall profitability index (5.7) despite a decline in earnings during 2021.
Other Rating Factors: Good quality investment portfolio (6.8) containing significant exposure to junk bonds. Good liquidity (6.8) with sufficient resources (cash flows and marketable investments) to handle a spike in claims.
Principal Lines of Business: --
Licensed in: MS
Principal Enrollment Breakdown: --
Other Highlights
Medical Loss Ratio
Medical Expense
Per Member Per Month ($)
251
Provider Compensation ($000)
Capitation Pay
0
Fee For Service
Contractual Pay
Salary
0
Bonus
527
Other
--
Member Physicians
Enrollment
Total Patient Encounters
Physician
Non-Physician
Corporate Info
Group Affiliation
Blue Cross & Blue Shield of Mississippi a Mutual Ins Co
Investment Rating
--
Company Address
3545 Lakeland Drive
Flowood, MS 39232
Phone Number
(601) 664-4590
NAIC Number
60111
Largest Affiliates
U
Flowood, MS - Health
Weiss Ratings