B
Select Health of SC 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 Select Health of SC Inc
North Charleston, SC
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Rating B
Capitalization Index 8.14
Investment Safety Index 9.61
Liquidity Index 6.87
Profitability Index 6.00
Reserve Adequacy Index --
Stability Index 7.20
Company Info Select Health of SC Inc
North Charleston, SC
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Industry Health
NAIC Number 01902
Phone Number (843) 569-1759
Website www.selecthealthofsc.com
Address 4390 Belle Oaks Drive North Charleston, SC 29405
Balance Sheet Select Health of SC Inc
North Charleston, SC
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Total Assets 536.95M
Capital and Reserves Select Health of SC Inc
North Charleston, SC
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Risk-Adjusted Capital Ratio #1 2.26
Risk-Adjusted Capital Ratio #2 1.89
1-Year Reserve Development --
2-Year Reserve Development --
Capital 272.43M
Premium to Surplus --
Reserves to Surplus --
Investments Select Health of SC Inc
North Charleston, SC
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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 Select Health of SC Inc
North Charleston, SC
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Medical Loss Ratio 87.84%
Cash From Underwriting --
Combined Ratio --
Expense Ratio --
Loss Ratio --
Net Premium Growth --
Other Medical Select Health of SC Inc
North Charleston, SC
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Bonus Pay 0.00
Capitation Pay 79.11K
Contractual Pay 1.36M
Enrollment 441.09K
Fee For Service 0.00
Medical Expense Per Member Per Month $284.00
Network Physicians 21.16K
Other Pay --
Salary Pay 0.00
Total Patient Encounters - Physician 2.66M
Total Patient Encounters-Non-Physician 1.22M
Profitability Select Health of SC Inc
North Charleston, SC
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Net Income 37.15M
Net Premium 1.67B
Health Premium 1.67B
Weiss Ratings