B
Wellmark Health Plan of IA Inc
Rating Date
January 2026
NAIC
Classification
Health
Risk Adjusted
Capital Ratio #1
3.71
Risk Adjusted
Capital Ratio #2
3.09
Total
Assets
545.28M
Capital
303.19M
Health
Premiums
1.04B
Net
Income
89.91M
My Lists My Alerts
Weiss Ratings Wellmark Health Plan of IA Inc
Des Moines, IA 		Click to
Compare		 Click to
Compare		 Click to
Compare
Rating B
Capitalization Index 10.00
Investment Safety Index 4.65
Liquidity Index 7.00
Profitability Index 9.89
Reserve Adequacy Index --
Stability Index 7.79
Company Info Wellmark Health Plan of IA Inc
Des Moines, IA 		Click to
Compare		 Click to
Compare		 Click to
Compare
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 		Click to
Compare		 Click to
Compare		 Click to
Compare
Total Assets 545.28M
Capital and Reserves Wellmark Health Plan of IA Inc
Des Moines, IA 		Click to
Compare		 Click to
Compare		 Click to
Compare
Risk-Adjusted Capital Ratio #1 3.71
Risk-Adjusted Capital Ratio #2 3.09
1-Year Reserve Development --
2-Year Reserve Development --
Capital 303.19M
Premium to Surplus --
Reserves to Surplus --
Investments Wellmark Health Plan of IA Inc
Des Moines, IA 		Click to
Compare		 Click to
Compare		 Click to
Compare
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 		Click to
Compare		 Click to
Compare		 Click to
Compare
Medical Loss Ratio 76.51%
Cash From Underwriting --
Combined Ratio --
Expense Ratio --
Loss Ratio --
Net Premium Growth --
Other Medical Wellmark Health Plan of IA Inc
Des Moines, IA 		Click to
Compare		 Click to
Compare		 Click to
Compare
Bonus Pay 278.44K
Capitation Pay 2.90K
Contractual Pay 441.24K
Enrollment 174.23K
Fee For Service 54.44K
Medical Expense Per Member Per Month $395.00
Network Physicians 12.91K
Other Pay --
Salary Pay 0.00
Total Patient Encounters - Physician 729.53K
Total Patient Encounters-Non-Physician 713.62K
Profitability Wellmark Health Plan of IA Inc
Des Moines, IA 		Click to
Compare		 Click to
Compare		 Click to
Compare
Net Income 89.91M
Net Premium 1.04B
Health Premium 1.04B