B
UnitedHealthcare Ins Co of IL
ChicagoIL
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 quality investment portfolio (6.3 on a scale of 0 to 10) containing junk bond exposure equal to 90.8% of capital. Good overall results on stability tests (5.8) despite excessive capital growth during 2021. Rating is significantly influenced by the strong financial results of UnitedHealth Group Incorporated. Good liquidity (6.8) with sufficient resources (cash flows and marketable investments) to handle a spike in claims.
Other Rating Factors: Good profitability index (4.9) with 40.2 million in losses in the last two years. Excellent capitalization (8.3) based on good current risk-adjusted capital (severe loss scenario) reflecting improvement over results in 2020.
Principal Lines of Business: --
Licensed in: CT, IL, MA, NH, RI, VT
Principal Enrollment Breakdown: --
Other Highlights
Medical Loss Ratio
Medical Expense
Per Member Per Month ($)
851
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
200 East Randolph Street
Chicago, IL 60601
Phone Number
(312) 424-4460
NAIC Number
60318
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