Wellmark Inc
Major Rating Factors:
Fair quality investment portfolio (3.9 on a scale of 0 to 10). Good overall profitability index (6.3) despite a decline in earnings during 2022. 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 overall results on stability tests (7.5) based on consistent premium and capital growth in the last five years. Excellent liquidity (7.0) with ample operational cash flow and liquid investments.
Principal Lines of Business:
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Licensed in:
IA, SD
Principal Enrollment Breakdown:
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Other Highlights
Medical Loss Ratio
Medical Expense
Per Member Per Month ($)
Provider Compensation ($000)
Capitation Pay
Fee For Service
Contractual Pay
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Other
Member Physicians
Enrollment
Total Patient Encounters
Physician
Non-Physician
Corporate Info
Group Affiliation
Wellmark Inc
Investment Rating
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Company Address
1331 Grand Avenue
Des Moines, IA 50309
Des Moines, IA 50309
Phone Number
(515) 376-4500
NAIC Number
88848
Website
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