C
Independent Health Assn
Buffalo,  NY
Rating Date
September 2025
NAIC
Classification
Health
Risk Adjusted
Capital Ratio #1
1.87
Risk Adjusted
Capital Ratio #2
1.56
Total
Assets
768.04M
Capital
265.25M
Health
Premiums
1.22B
Net
Income
18.24M
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Weiss Ratings Independent Health Assn
Buffalo, NY 		Click to
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Rating C
Capitalization Index 7.64
Investment Safety Index 8.61
Liquidity Index 6.77
Profitability Index 2.67
Reserve Adequacy Index --
Stability Index 1.50
Company Info Independent Health Assn
Buffalo, NY 		Click to
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Industry Health
NAIC Number 01346
Phone Number (716) 631-3001
Website www.independenthealth.com
Address 511 Farber Lakes Drive Buffalo, NY 14221
Balance Sheet Independent Health Assn
Buffalo, NY 		Click to
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Total Assets 768.04M
Capital and Reserves Independent Health Assn
Buffalo, NY 		Click to
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Risk-Adjusted Capital Ratio #1 1.87
Risk-Adjusted Capital Ratio #2 1.56
1-Year Reserve Development --
2-Year Reserve Development --
Capital 265.25M
Premium to Surplus --
Reserves to Surplus --
Investments Independent Health Assn
Buffalo, NY 		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 Independent Health Assn
Buffalo, NY 		Click to
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Medical Loss Ratio 90.23%
Cash From Underwriting --
Combined Ratio --
Expense Ratio --
Loss Ratio --
Net Premium Growth --
Other Medical Independent Health Assn
Buffalo, NY 		Click to
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Bonus Pay 0.00
Capitation Pay 988.93K
Contractual Pay 0.00
Enrollment 175.91K
Fee For Service 367.94K
Medical Expense Per Member Per Month $885.00
Network Physicians 4.39K
Other Pay --
Salary Pay 0.00
Total Patient Encounters - Physician 476.58K
Total Patient Encounters-Non-Physician 289.30K
Profitability Independent Health Assn
Buffalo, NY 		Click to
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Net Income 18.24M
Net Premium 1.22B
Health Premium 1.22B