B
Wellpoint Maryland Inc
Norfolk,  VA
Rating Date
June 2024
NAIC
Classification
Health
Risk Adjusted
Capital Ratio #1
2.72
Risk Adjusted
Capital Ratio #2
2.27
Total
Assets
610.20M
Capital
244.12M
Health
Premiums
1.43B
Net
Income
138.65M
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Weiss Ratings Wellpoint Maryland Inc
Norfolk, VA 		Click to
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Rating B
Capitalization Index 8.71
Investment Safety Index 3.63
Liquidity Index 6.87
Profitability Index 9.94
Reserve Adequacy Index --
Stability Index 8.71
Company Info Wellpoint Maryland Inc
Norfolk, VA 		Click to
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Industry Health
NAIC Number 95832
Phone Number (757) 490-6900
Website www.elevancehealth.com
Address 5800 Northampton Boulevard Norfolk, VA 23502
Balance Sheet Wellpoint Maryland Inc
Norfolk, VA 		Click to
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Total Assets 610.20M
Capital and Reserves Wellpoint Maryland Inc
Norfolk, VA 		Click to
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Risk-Adjusted Capital Ratio #1 2.72
Risk-Adjusted Capital Ratio #2 2.27
1-Year Reserve Development --
2-Year Reserve Development --
Capital 244.12M
Premium to Surplus --
Reserves to Surplus --
Investments Wellpoint Maryland Inc
Norfolk, VA 		Click to
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Cash --
CMO & Structured Securities --
Common & Preferred Stock --
Invested Assets --
Investments in Affiliates --
Mortgages in Good Standing --
Non-Investment Grade Bonds --
Non-Performing Mortgages --
Other Investment Grade Bonds --
Other Investments --
Real Estate --
Operating Ratios Wellpoint Maryland Inc
Norfolk, VA 		Click to
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Medical Loss Ratio 79.45%
Cash From Underwriting --
Combined Ratio --
Expense Ratio --
Loss Ratio --
Net Premium Growth --
Other Medical Wellpoint Maryland Inc
Norfolk, VA 		Click to
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Bonus Pay 535.51K
Capitation Pay 17.94K
Contractual Pay 531.29K
Enrollment 336.29K
Fee For Service 19.61K
Medical Expense Per Member Per Month $1,127.00
Network Physicians 29.42K
Other Pay --
Salary Pay 0.00
Total Patient Encounters - Physician 1.38M
Total Patient Encounters-Non-Physician 1.36M
Profitability Wellpoint Maryland Inc
Norfolk, VA 		Click to
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Net Income 138.65M
Net Premium 1.43B
Health Premium 1.43B