Wellmark Health Plan of IA Inc
Weiss Ratings |
Wellmark Health Plan of IA Inc
Des Moines, IA |
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Rating | ||||
Capitalization Index | 10.00 | |||
Investment Safety Index | 4.53 | |||
Liquidity Index | 7.08 | |||
Profitability Index | 9.92 | |||
Reserve Adequacy Index | -- | |||
Stability Index | 7.17 | |||
Company Info |
Wellmark Health Plan of IA Inc
Des Moines, IA |
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Industry | Health | |||
NAIC Number | 02024 | |||
Phone Number | (515) 376-4500 | |||
Website | www.wellmark.com | |||
Address | 1331 Grand Avenue Des Moines, IA 50309 | |||
Balance Sheet |
Wellmark Health Plan of IA Inc
Des Moines, IA |
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Total Assets | 501.11M | |||
Capital and Reserves |
Wellmark Health Plan of IA Inc
Des Moines, IA |
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Risk-Adjusted Capital Ratio #1 | 3.90 | |||
Risk-Adjusted Capital Ratio #2 | 3.25 | |||
1-Year Reserve Development | -- | |||
2-Year Reserve Development | -- | |||
Capital | 293.79M | |||
Premium to Surplus | -- | |||
Reserves to Surplus | -- | |||
Investments |
Wellmark Health Plan of IA Inc
Des Moines, IA |
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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 |
Wellmark Health Plan of IA Inc
Des Moines, IA |
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Medical Loss Ratio | 75.64% | |||
Cash From Underwriting | -- | |||
Combined Ratio | -- | |||
Expense Ratio | -- | |||
Loss Ratio | -- | |||
Net Premium Growth | -- | |||
Other Medical |
Wellmark Health Plan of IA Inc
Des Moines, IA |
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Bonus Pay | 365.22K | |||
Capitation Pay | 2.58K | |||
Contractual Pay | 283.43K | |||
Enrollment | 153.17K | |||
Fee For Service | 43.90K | |||
Medical Expense Per Member Per Month | $380.00 | |||
Network Physicians | 13.11K | |||
Other Pay | -- | |||
Salary Pay | 0.00 | |||
Total Patient Encounters - Physician | 660.03K | |||
Total Patient Encounters-Non-Physician | 593.86K | |||
Profitability |
Wellmark Health Plan of IA Inc
Des Moines, IA |
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Net Income | 89.57M | |||
Net Premium | 915.88M | |||
Health Premium | 915.88M | |||