E
Group Health Plan Inc
Rating Date
June 2024
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 quality investment portfolio (3.0) containing large exposure to common stock. Fair overall results on stability tests (4.7) based on fair risk-adjusted capital in prior years.
Other Rating Factors: Good capitalization (5.0) based on fair current risk-adjusted capital (severe loss scenario) reflecting some improvement over results in 2021. 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