C
HealthPartners 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: Fair quality investment portfolio (3.8 on a scale of 0 to 10). Good overall results on stability tests (6.6) based on steady enrollment growth, averaging 5% over the past five years, consistent premium and capital growth in the last five years. Rating is influenced by the acceptable financial results of HealthPartners Inc. Excellent profitability (7.3) with operating gains in each of the last five years.
Other Rating Factors: Excellent overall capitalization (9.4) based on good current risk-adjusted capital (severe loss scenario) despite some fluctuation in capital levels. Excellent liquidity (7.2) with ample operational cash flow and liquid investments.
Principal Lines of Business: --
Licensed in: MN
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
Bloomington, MN 55425
Phone Number
(952) 883-6000
NAIC Number
95766
Largest Affiliates
E
Minneapolis, MN - Health
C
Minneapolis, MN - Health
D
West Des Moines, IA - Health