C
Health Alliance - Midwest Inc
Rating Date
January 2026
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 profitability index (4.4 on a scale of 0 to 10) with 0.0 million in losses in the current year. Return on equity has been low, averaging 2.0% over the last five years. Fair overall results on stability tests (4.8) in spite of consistent premium and capital growth in the last five years but a significant -35% decrease in enrollment during the period. Rating is significantly influenced by the acceptable financial results of Carle Foundation. Fair liquidity (3.0) as cash resources may not be adequate to cover a spike in claims.
Other Rating Factors: Excellent capitalization index (10.0) based on excellent current risk-adjusted capital (severe loss scenario) despite some fluctuation in capital levels. Excellent quality investment portfolio (9.5) containing small junk bond exposure.
Principal Lines of Business: --
Licensed in: IA, IL, IN, NE, OH
Principal Enrollment Breakdown: --
Other Highlights
Medical Loss Ratio
Medical Expense
Per Member Per Month ($)
11
Provider Compensation ($000)
Capitation Pay
0
Fee For Service
324
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
95513
Largest Affiliates
C
Champaign, IL - Health
C
Champaign, IL - Health
C
Champaign, IL - Health
C
Champaign, IL - Health