C
Health Alliance Med Plans Inc
Rating Date
September 2025
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: Fair quality investment portfolio (4.5 on a scale of 0 to 10). Weak profitability index (0.9) with 37.6 million in losses in the last two years. Average return on equity over the last five years has been poor at -1.2%. Weak overall results on stability tests (1.6) based on a steep decline in capital during 2022.
Other Rating Factors: Good overall capitalization (6.0) based on good current risk-adjusted capital (severe loss scenario). Good liquidity (5.7) with sufficient resources (cash flows and marketable investments) to handle a spike in claims.
Principal Lines of Business: --
Licensed in: IL, MO
Principal Enrollment Breakdown: --
Other Highlights
Medical Loss Ratio
Medical Expense
Per Member Per Month ($)
933
Provider Compensation ($000)
Capitation Pay
Fee For Service
Contractual Pay
Salary
0
Bonus
0
Other
--
Member Physicians
Enrollment
Total Patient Encounters
Physician
Non-Physician
Corporate Info
Group Affiliation
Carle Foundation
Investment Rating
--
Company Address
3310 Fields South Drive
Champaign, IL 61822
Phone Number
(800) 851-3379
NAIC Number
77950
Largest Affiliates
C
Champaign, IL - Health
C
Champaign, IL - Health
C
Champaign, IL - Health
C
Champaign, IL - Health