C
Magnolia Health Plan Inc
Rating Date
April 2025
NAIC
Classification
Health
Risk Adjusted
Capital Ratio #1
3.63
Risk Adjusted
Capital Ratio #2
3.02
Total
Assets
279.26M
Capital
148.98M
Health
Premiums
930.34M
Net
Income
-10.06M
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Weiss Ratings Magnolia Health Plan Inc
Ridgeland, MS 		Click to
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Rating C
Capitalization Index 10.00
Investment Safety Index 7.71
Liquidity Index 6.76
Profitability Index 0.90
Reserve Adequacy Index --
Stability Index 4.41
Company Info Magnolia Health Plan Inc
Ridgeland, MS 		Click to
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Industry Health
NAIC Number 13923
Phone Number (314) 725-4477
Website www.magnoliahealthplan.com
Address 1020 Highland Colony Parkway Ridgeland, MS 39157
Balance Sheet Magnolia Health Plan Inc
Ridgeland, MS 		Click to
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Total Assets 279.26M
Capital and Reserves Magnolia Health Plan Inc
Ridgeland, MS 		Click to
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Risk-Adjusted Capital Ratio #1 3.63
Risk-Adjusted Capital Ratio #2 3.02
1-Year Reserve Development --
2-Year Reserve Development --
Capital 148.98M
Premium to Surplus --
Reserves to Surplus --
Investments Magnolia Health Plan Inc
Ridgeland, MS 		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 Magnolia Health Plan Inc
Ridgeland, MS 		Click to
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Medical Loss Ratio 89.52%
Cash From Underwriting --
Combined Ratio --
Expense Ratio --
Loss Ratio --
Net Premium Growth --
Other Medical Magnolia Health Plan Inc
Ridgeland, MS 		Click to
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Bonus Pay 10.26K
Capitation Pay 660.00
Contractual Pay 817.85K
Enrollment 161.48K
Fee For Service 0.00
Medical Expense Per Member Per Month $1,753.00
Network Physicians 20.56K
Other Pay --
Salary Pay 17.18K
Total Patient Encounters - Physician 633.81K
Total Patient Encounters-Non-Physician 1.53M
Profitability Magnolia Health Plan Inc
Ridgeland, MS 		Click to
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Net Income -10.06M
Net Premium 930.34M
Health Premium 930.34M