B
WellCare Hlth Plans of NJ Inc
Rating Date
April 2025
NAIC
Classification
Risk Adjusted
Capital Ratio #1
Risk Adjusted
Capital Ratio #2
Total
Assets
Capital
Health
Premiums
Net
Income
Weiss Ratings WellCare Hlth Plans of NJ Inc
Saint Louis, MO
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Rating B
Capitalization Index 8.08
Investment Safety Index 0.83
Liquidity Index 7.16
Profitability Index 6.88
Reserve Adequacy Index --
Stability Index 8.25
Company Info WellCare Hlth Plans of NJ Inc
Saint Louis, MO
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Industry Health
NAIC Number 13020
Phone Number (314) 725-4477
Website www.centene.com
Address 7700 Forsyth Boulevard Saint Louis, MO 63105
Balance Sheet WellCare Hlth Plans of NJ Inc
Saint Louis, MO
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Total Assets 439.33M
Capital and Reserves WellCare Hlth Plans of NJ Inc
Saint Louis, MO
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Risk-Adjusted Capital Ratio #1 2.22
Risk-Adjusted Capital Ratio #2 1.85
1-Year Reserve Development --
2-Year Reserve Development --
Capital 187.40M
Premium to Surplus --
Reserves to Surplus --
Investments WellCare Hlth Plans of NJ Inc
Saint Louis, MO
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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 WellCare Hlth Plans of NJ Inc
Saint Louis, MO
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Medical Loss Ratio 79.42%
Cash From Underwriting --
Combined Ratio --
Expense Ratio --
Loss Ratio --
Net Premium Growth --
Other Medical WellCare Hlth Plans of NJ Inc
Saint Louis, MO
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Bonus Pay --
Capitation Pay --
Contractual Pay --
Enrollment 120.60K
Fee For Service --
Medical Expense Per Member Per Month $813.00
Network Physicians 34.90K
Other Pay --
Salary Pay --
Total Patient Encounters - Physician --
Total Patient Encounters-Non-Physician --
Profitability WellCare Hlth Plans of NJ Inc
Saint Louis, MO
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Net Income 64.26M
Net Premium 1.53B
Health Premium 1.53B