Sanford Health Plan
Major Rating Factors:
Fair overall results on stability tests (3.9 on a scale of 0 to 10). Weak profitability index (2.1) with operating losses during 2019, 2020, 2021 and 2023. Good quality investment portfolio (5.0) containing significant exposure to junk bonds.
Other Rating Factors:
Good liquidity (6.0) with sufficient resources (cash flows and marketable investments) to handle a spike in claims. Excellent capitalization (7.6) based on excellent current risk-adjusted capital (severe loss scenario) reflecting improvement over results in 2021.
Principal Lines of Business:
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Licensed in:
IA, ND, SD
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
Sanford
Investment Rating
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Company Address
4800 West 57th Street
Sioux Falls, SD 57108
Sioux Falls, SD 57108
Phone Number
(605) 328-6868
NAIC Number
95683
Website
Largest Affiliates