C
Sanford Health Plan
Rating Date
April 2025
NAIC
Classification
Health
Risk Adjusted
Capital Ratio #1
2.16
Risk Adjusted
Capital Ratio #2
1.80
Total
Assets
401.62M
Capital
171.19M
Health
Premiums
860.96M
Net
Income
10.15M
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Weiss Ratings Sanford Health Plan
Sioux Falls, SD 		Click to
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Rating C
Capitalization Index 8.00
Investment Safety Index 5.03
Liquidity Index 6.96
Profitability Index 2.80
Reserve Adequacy Index --
Stability Index 5.02
Company Info Sanford Health Plan
Sioux Falls, SD 		Click to
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Industry Health
NAIC Number 02095
Phone Number (605) 328-6868
Website www.sanfordhealthplan.com
Address 300 Cherapa Place Sioux Falls, SD 57103
Balance Sheet Sanford Health Plan
Sioux Falls, SD 		Click to
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Total Assets 401.62M
Capital and Reserves Sanford Health Plan
Sioux Falls, SD 		Click to
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Risk-Adjusted Capital Ratio #1 2.16
Risk-Adjusted Capital Ratio #2 1.80
1-Year Reserve Development --
2-Year Reserve Development --
Capital 171.19M
Premium to Surplus --
Reserves to Surplus --
Investments Sanford Health Plan
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
Sioux Falls, SD 		Click to
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Medical Loss Ratio 91.26%
Cash From Underwriting --
Combined Ratio --
Expense Ratio --
Loss Ratio --
Net Premium Growth --
Other Medical Sanford Health Plan
Sioux Falls, SD 		Click to
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Bonus Pay 939.00
Capitation Pay 2.38K
Contractual Pay 814.69K
Enrollment 139.24K
Fee For Service 0.00
Medical Expense Per Member Per Month $1,871.00
Network Physicians 177.62K
Other Pay --
Salary Pay 0.00
Total Patient Encounters - Physician 2.94M
Total Patient Encounters-Non-Physician 686.97K
Profitability Sanford Health Plan
Sioux Falls, SD 		Click to
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Net Income 10.15M
Net Premium 860.60M
Health Premium 860.96M