HCSC INS SERVICES CO
Chicago, IL
Data as of
June 30, 2020
NAIC
Classification
Classification
Health
Risk Adjusted
Capital Ratio #1
Capital Ratio #1
2.56
Risk Adjusted
Capital Ratio #2
Capital Ratio #2
2.13
Total
Assets
Assets
1.06B
Capital
166.34M
Health
Premiums
Premiums
284.81M
Net
Income
Income
-97.82M
Major Rating Factors:
Weak profitability index (0.8 on a scale of 0 to 10). Weak liquidity (1.9) as a spike in claims may stretch capacity. Strong capitalization (8.5) based on excellent current risk-adjusted capital (severe loss scenario).
Other Rating Factors:
High quality investment portfolio (8.9).
Principal Lines of Business:
Other (63.5%), Medicare (31.7%), Medicaid (4.8%)
Licensed in:
All states except CT, HI, ME, NH, NJ, NY, VT, PR
Principal Enrollment Breakdown:
Other (100.0%)
Other Highlights
Medical Loss Ratio
393.7%
Medical Expense
Per Member Per Month ($)
277
Provider Compensation ($000)
Capitation Pay
25,074
Fee For Service
229,293
Contractual Pay
1,271,284
Salary
0
Bonus
4
Other
235,407
Member Physicians
71,299
Enrollment
531,623
Total Patient Encounters
Physician
71,299
Non-Physician
2,289,590
Corporate Info
Group Affiliation
HEALTH CARE SERVICE CORPORATION A MU
Investment Rating
--
Company Address
300 East Randolph Street
Chicago, IL 60601
Chicago, IL 60601
Phone Number
(312) 653-6000
NAIC Number
78611
Website
--
Largest Affiliates
No affiliate information available.
