C
Sanford Health Plan of MN
Rating Date
April 2025
NAIC
Classification
Health
Risk Adjusted
Capital Ratio #1
1.31
Risk Adjusted
Capital Ratio #2
1.09
Total
Assets
10.32M
Capital
4.78M
Health
Premiums
16.31M
Net
Income
-4.17M
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Weiss Ratings Sanford Health Plan of MN
Sioux Falls, SD 		Click to
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Rating C
Capitalization Index 6.94
Investment Safety Index 9.42
Liquidity Index 7.23
Profitability Index 0.90
Reserve Adequacy Index --
Stability Index 4.13
Company Info Sanford Health Plan of MN
Sioux Falls, SD 		Click to
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Industry Health
NAIC Number 01969
Phone Number (605) 328-6868
Website --
Address 300 Cherapa Place Sioux Falls, SD 57109
Balance Sheet Sanford Health Plan of MN
Sioux Falls, SD 		Click to
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Total Assets 10.32M
Capital and Reserves Sanford Health Plan of MN
Sioux Falls, SD 		Click to
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Risk-Adjusted Capital Ratio #1 1.31
Risk-Adjusted Capital Ratio #2 1.09
1-Year Reserve Development --
2-Year Reserve Development --
Capital 4.78M
Premium to Surplus --
Reserves to Surplus --
Investments Sanford Health Plan of MN
Sioux Falls, SD 		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 Sanford Health Plan of MN
Sioux Falls, SD 		Click to
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Medical Loss Ratio 98.29%
Cash From Underwriting --
Combined Ratio --
Expense Ratio --
Loss Ratio --
Net Premium Growth --
Other Medical Sanford Health Plan of MN
Sioux Falls, SD 		Click to
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Bonus Pay 0.00
Capitation Pay 0.00
Contractual Pay 14.56K
Enrollment 3.30K
Fee For Service 0.00
Medical Expense Per Member Per Month $1,627.00
Network Physicians 136.41K
Other Pay --
Salary Pay 0.00
Total Patient Encounters - Physician 46.25K
Total Patient Encounters-Non-Physician 17.38K
Profitability Sanford Health Plan of MN
Sioux Falls, SD 		Click to
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Net Income -4.17M
Net Premium 16.31M
Health Premium 16.31M