B
Presbyterian 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
Weiss Ratings Presbyterian Health Plan Inc
Albuquerque, NM
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Rating B
Capitalization Index 7.24
Investment Safety Index 9.04
Liquidity Index 6.59
Profitability Index 8.26
Reserve Adequacy Index --
Stability Index 4.53
Company Info Presbyterian Health Plan Inc
Albuquerque, NM
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Industry Health
NAIC Number 01325
Phone Number (505) 923-6107
Website www.phs.org
Address 9521 San Mateo Boulevard, NE Albuquerque, NM 87113
Balance Sheet Presbyterian Health Plan Inc
Albuquerque, NM
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Total Assets 1.35B
Capital and Reserves Presbyterian Health Plan Inc
Albuquerque, NM
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Risk-Adjusted Capital Ratio #1 1.55
Risk-Adjusted Capital Ratio #2 1.29
1-Year Reserve Development --
2-Year Reserve Development --
Capital 409.28M
Premium to Surplus --
Reserves to Surplus --
Investments Presbyterian Health Plan Inc
Albuquerque, NM
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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 Presbyterian Health Plan Inc
Albuquerque, NM
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Medical Loss Ratio 82.51%
Cash From Underwriting --
Combined Ratio --
Expense Ratio --
Loss Ratio --
Net Premium Growth --
Other Medical Presbyterian Health Plan Inc
Albuquerque, NM
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Bonus Pay 0.00
Capitation Pay 571.18K
Contractual Pay 2.78M
Enrollment 522.10K
Fee For Service 155.89K
Medical Expense Per Member Per Month $2,100.00
Network Physicians 8.38K
Other Pay --
Salary Pay 0.00
Total Patient Encounters - Physician 3.30M
Total Patient Encounters-Non-Physician 3.08M
Profitability Presbyterian Health Plan Inc
Albuquerque, NM
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Net Income 63.21M
Net Premium 3.99B
Health Premium 3.99B