E
Group Health Plan Inc
Rating Date
April 2025
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: Weak profitability index (0.9 on a scale of 0 to 10) with 402.7 million in losses in the last five years. Fair capitalization index (3.8) based on fair current risk-adjusted capital (severe loss scenario) as results have slipped from the good range over the last year. Fair quality investment portfolio (3.0) containing large exposure to common stock.
Other Rating Factors: Fair overall results on stability tests (3.5) based on fair risk-adjusted capital in prior years, an overall decline in enrollment over the past five years despite growth in 2022. Excellent liquidity (7.2) with ample operational cash flow and liquid investments.
Principal Lines of Business: --
Licensed in: MN, ND, SD
Principal Enrollment Breakdown: --
Other Highlights
Medical Loss Ratio
Medical Expense
Per Member Per Month ($)
Provider Compensation ($000)
Capitation Pay
0
Fee For Service
0
Contractual Pay
Salary
0
Bonus
Other
--
Member Physicians
Enrollment
Total Patient Encounters
Physician
Non-Physician
Corporate Info
Group Affiliation
HealthPartners Inc
Investment Rating
--
Company Address
8170 33rd Avenue, South
Minneapolis, MN 55425
Phone Number
(952) 883-6000
NAIC Number
52628
Largest Affiliates
C
Bloomington, MN - Health
C
Minneapolis, MN - Health
D
West Des Moines, IA - Health