D
WPS Health Plan Inc
Madison,  WI
Rating Date
November 2025
NAIC
Classification
Health
Risk Adjusted
Capital Ratio #1
2.13
Risk Adjusted
Capital Ratio #2
1.78
Total
Assets
30.65M
Capital
22.98M
Health
Premiums
32.40M
Net
Income
2.77M
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Weiss Ratings WPS Health Plan Inc
Madison, WI 		Click to
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Rating D
Capitalization Index 7.97
Investment Safety Index 9.54
Liquidity Index 5.63
Profitability Index 1.33
Reserve Adequacy Index --
Stability Index 2.26
Company Info WPS Health Plan Inc
Madison, WI 		Click to
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Industry Health
NAIC Number 10159
Phone Number (608) 977-5000
Website www.wpshealth.com
Address 1717 West Broadway Madison, WI 53713
Balance Sheet WPS Health Plan Inc
Madison, WI 		Click to
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Total Assets 30.65M
Capital and Reserves WPS Health Plan Inc
Madison, WI 		Click to
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Risk-Adjusted Capital Ratio #1 2.13
Risk-Adjusted Capital Ratio #2 1.78
1-Year Reserve Development --
2-Year Reserve Development --
Capital 22.98M
Premium to Surplus --
Reserves to Surplus --
Investments WPS Health Plan Inc
Madison, WI 		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 WPS Health Plan Inc
Madison, WI 		Click to
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Medical Loss Ratio 98.51%
Cash From Underwriting --
Combined Ratio --
Expense Ratio --
Loss Ratio --
Net Premium Growth --
Other Medical WPS Health Plan Inc
Madison, WI 		Click to
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Bonus Pay 0.00
Capitation Pay 0.00
Contractual Pay 63.31K
Enrollment 4.64K
Fee For Service 18.40K
Medical Expense Per Member Per Month $1,356.00
Network Physicians 32.12K
Other Pay --
Salary Pay 0.00
Total Patient Encounters - Physician 45.34K
Total Patient Encounters-Non-Physician 46.80K
Profitability WPS Health Plan Inc
Madison, WI 		Click to
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Net Income 2.77M
Net Premium 32.40M
Health Premium 32.40M