B
Sunshine State Health Plan Inc
Rating Date
June 2024
NAIC
Classification
Health
Risk Adjusted
Capital Ratio #1
1.92
Risk Adjusted
Capital Ratio #2
1.60
Total
Assets
3.56B
Capital
1.36B
Health
Premiums
14.27B
Net
Income
277.27M
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Weiss Ratings
Sunshine State Health Plan Inc
Saint Louis, MO
Low
Sunshine State Health Plan Inc
Industry Average
High
Capitalization Index
7.70
0.00
10.00
Investment Safety Index
7.78
0.00
9.90
Liquidity Index
6.83
0.00
10.00
Profitability Index
7.67
0.00
10.00
Stability Index
7.08
< 0.00
8.77
Balance Sheet
Sunshine State Health Plan Inc
Saint Louis, MO
Low
Sunshine State Health Plan Inc
Industry Average
High
Total Assets
3.56B
< 1.31B
> 5.25B
Capital and Reserves
Sunshine State Health Plan Inc
Saint Louis, MO
Low
Sunshine State Health Plan Inc
Industry Average
High
Capital
1.36B
< 227.83M
> 1.36B
Risk-Adjusted Capital Ratio #1
1.92
< 0.00
> 20.00
Risk-Adjusted Capital Ratio #2
1.60
< 0.00
> 20.00
Operating Ratios
Sunshine State Health Plan Inc
Saint Louis, MO
Low
Sunshine State Health Plan Inc
Industry Average
High
Medical Loss Ratio
81.75%
< 40.00%
> 200.00%
Other Medical
Sunshine State Health Plan Inc
Saint Louis, MO
Low
Sunshine State Health Plan Inc
Industry Average
High
Bonus Pay
105.21M
< 47.45M
> 189.82M
Capitation Pay
513.35M
< 68.50M
> 513.35M
Contractual Pay
10.46B
< 352.06M
> 10.46B
Enrollment
2.12M
< 113.53K
> 2.12M
Fee For Service
0.00
< 0.00
> 211.02M
Medical Expense Per Member Per Month
457.00
< 400.00
> 1,640.00
Network Physicians
94.69K
< 26.62K
> 106.49K
Other Pay
1.00K
0.00
> 291.19M
Salary Pay
279.28M
< 7.00M
> 279.29M
Total Patient Encounters - Physician
11.78M
< 759.99K
> 11.78M
Total Patient Encounters - Non-Physician
24.37M
< 584.18K
> 24.37M
Profitability
Sunshine State Health Plan Inc
Saint Louis, MO
Low
Sunshine State Health Plan Inc
Industry Average
High
Health Premium
14.27B
< 526.94M
> 14.27B
Net Income
277.27M
< 13.34M
> 277.27M
Weiss Ratings