C
ConnectiCare Inc
Rating Date
April 2025
NAIC
Classification
Health
Risk Adjusted
Capital Ratio #1
1.06
Risk Adjusted
Capital Ratio #2
0.89
Total
Assets
162.68M
Capital
50.87M
Health
Premiums
569.10M
Net
Income
32.80M
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Weiss Ratings ConnectiCare Inc
Farmington, CT 		Click to
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Rating C
Capitalization Index 5.92
Investment Safety Index 7.64
Liquidity Index 7.07
Profitability Index 5.06
Reserve Adequacy Index --
Stability Index 4.65
Company Info ConnectiCare Inc
Farmington, CT 		Click to
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Industry Health
NAIC Number 01094
Phone Number (860) 674-5700
Website www.connecticare.com
Address 175 Scott Swamp Road Farmington, CT 06032
Balance Sheet ConnectiCare Inc
Farmington, CT 		Click to
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Total Assets 162.68M
Capital and Reserves ConnectiCare Inc
Farmington, CT 		Click to
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Risk-Adjusted Capital Ratio #1 1.06
Risk-Adjusted Capital Ratio #2 0.89
1-Year Reserve Development --
2-Year Reserve Development --
Capital 50.87M
Premium to Surplus --
Reserves to Surplus --
Investments ConnectiCare Inc
Farmington, CT 		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 ConnectiCare Inc
Farmington, CT 		Click to
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Medical Loss Ratio 79.74%
Cash From Underwriting --
Combined Ratio --
Expense Ratio --
Loss Ratio --
Net Premium Growth --
Other Medical ConnectiCare Inc
Farmington, CT 		Click to
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Bonus Pay 8.18K
Capitation Pay 75.10K
Contractual Pay 359.14K
Enrollment 41.00K
Fee For Service 35.74K
Medical Expense Per Member Per Month $3,649.00
Network Physicians 105.01K
Other Pay --
Salary Pay 0.00
Total Patient Encounters - Physician 527.76K
Total Patient Encounters-Non-Physician 655.85K
Profitability ConnectiCare Inc
Farmington, CT 		Click to
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Net Income 32.80M
Net Premium 569.10M
Health Premium 569.10M