D
Blue Advantage Plus of KS City
Rating Date
April 2025
NAIC
Classification
Risk Adjusted
Capital Ratio #1
Risk Adjusted
Capital Ratio #2
Total
Assets
Capital
Health
Premiums
Net
Income
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Major Rating Factors: Weak profitability index (0.9 on a scale of 0 to 10) with 61.1 million in losses in the last five years. Fair capitalization (2.9) based on good current risk-adjusted capital (severe loss scenario) reflecting significant improvement over results in 2021. Fair overall results on stability tests (4.1) based on fair risk-adjusted capital in prior years, an overall decline in enrollment over the past five years. Rating is significantly influenced by the acceptable financial results of Blue Cross and Blue Shield of Kansas City.
Other Rating Factors: Excellent quality investment portfolio (9.6) containing small junk bond exposure. Excellent liquidity (7.0) with ample operational cash flow and liquid investments.
Principal Lines of Business: --
Licensed in: KS, MO
Principal Enrollment Breakdown: --
Other Highlights
Medical Loss Ratio
Medical Expense
Per Member Per Month ($)
Provider Compensation ($000)
Capitation Pay
751
Fee For Service
Contractual Pay
Salary
0
Bonus
377
Other
24
Member Physicians
Enrollment
Total Patient Encounters
Physician
Non-Physician
Corporate Info
Group Affiliation
Blue Cross and Blue Shield of Kansas City
Investment Rating
--
Company Address
2301 Main Street
Kansas City, MO 64108
Phone Number
(816) 395-2222
NAIC Number
10753
Largest Affiliates
C
Kansas City, MO - Health
C
Kansas City, MO - Health
C
Kansas City, MO - Health