Sanford Health Plan
Major Rating Factors:
Weak profitability index (2.8 on a scale of 0 to 10) with operating losses during 2019, 2020 and 2021. Good quality investment portfolio (5.0) containing junk bond exposure equal to 87.1% of capital. Good overall results on stability tests (5.0) despite excessive capital growth during 2022.
Other Rating Factors:
Excellent capitalization (8.0) based on good current risk-adjusted capital (severe loss scenario) reflecting improvement over results in 2021. Excellent liquidity (7.0) with ample operational cash flow and liquid investments.
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
300 Cherapa Place
Sioux Falls, SD 57103
Sioux Falls, SD 57103
Phone Number
(605) 328-6868
NAIC Number
95683
Website
Largest Affiliates