Wellmark Health Plan of IA Inc
Major Rating Factors:
Fair quality investment portfolio (4.5 on a scale of 0 to 10). Excellent profitability (9.9) with operating gains in each of the last five years. Excellent overall capitalization (10.0) based on good current risk-adjusted capital (severe loss scenario). Moreover, capital levels have been consistent in recent years.
Other Rating Factors:
Excellent overall results on stability tests (7.2) based on consistent premium and capital growth in the last five years. Excellent liquidity (7.1) with ample operational cash flow and liquid investments.
Principal Lines of Business:
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Licensed in:
IA
Principal Enrollment Breakdown:
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Other Highlights
Medical Loss Ratio
Medical Expense
Per Member Per Month ($)
Provider Compensation ($000)
Capitation Pay
Fee For Service
Contractual Pay
Salary
Bonus
Other
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Member Physicians
Enrollment
Total Patient Encounters
Physician
Non-Physician
Corporate Info
Group Affiliation
Wellmark Inc
Investment Rating
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Company Address
1331 Grand Avenue
Des Moines, IA 50309
Des Moines, IA 50309
Phone Number
(515) 376-4500
NAIC Number
95531
Website
Largest Affiliates