C
Meridian Health Plan of IL Inc
Rating Date
September 2023
NAIC
Classification
Risk Adjusted
Capital Ratio #1
Risk Adjusted
Capital Ratio #2
Total
Assets
Capital
Health
Premiums
Net
Income
Weiss Ratings Meridian Health Plan of IL Inc
Saint Louis, MO
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Rating C
Capitalization Index 8.24
Investment Safety Index 2.71
Liquidity Index 7.00
Profitability Index 2.56
Reserve Adequacy Index --
Stability Index 5.38
Company Info Meridian Health Plan of IL Inc
Saint Louis, MO
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Industry Health
NAIC Number 13189
Phone Number (314) 725-4477
Website corp.mhplan.com/en/member/illinois
Address 7700 Forsyth Boulevard Saint Louis, MO 63105
Balance Sheet Meridian Health Plan of IL Inc
Saint Louis, MO
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Total Assets 1.70B
Capital and Reserves Meridian Health Plan of IL Inc
Saint Louis, MO
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Risk-Adjusted Capital Ratio #1 2.36
Risk-Adjusted Capital Ratio #2 1.96
1-Year Reserve Development --
2-Year Reserve Development --
Capital 662.36M
Premium to Surplus --
Reserves to Surplus --
Investments Meridian Health Plan of IL 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 Meridian Health Plan of IL Inc
Saint Louis, MO
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Medical Loss Ratio 86.26%
Cash From Underwriting --
Combined Ratio --
Expense Ratio --
Loss Ratio --
Net Premium Growth --
Other Medical Meridian Health Plan of IL Inc
Saint Louis, MO
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Bonus Pay 28.27K
Capitation Pay 136.52K
Contractual Pay 4.33M
Enrollment 950.72K
Fee For Service 0.00
Medical Expense Per Member Per Month $532.00
Network Physicians 42.10K
Other Pay --
Salary Pay 0.00
Total Patient Encounters - Physician 7.42M
Total Patient Encounters-Non-Physician 4.88M
Profitability Meridian Health Plan of IL Inc
Saint Louis, MO
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Net Income -20.83M
Net Premium 4.24B
Health Premium 4.24B
Weiss Ratings