Health Alliance Connect Inc

Champaign, IL

Rating Date

April 2025

NAIC
Classification

Health

Risk Adjusted
Capital Ratio #1

1.17

Risk Adjusted
Capital Ratio #2

0.98

Total
Assets

83.75M

Capital

33.55M

Health
Premiums

338.18M

Net
Income

-623.70K

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Weiss Ratings	Health Alliance Connect Inc Champaign, IL	Click to Compare	Click to Compare	Click to Compare
Rating	C
Capitalization Index	6.64
Investment Safety Index	9.35
Liquidity Index	6.37
Profitability Index	1.77
Reserve Adequacy Index	--
Stability Index	4.49

Company Info	Health Alliance Connect Inc Champaign, IL	Click to Compare	Click to Compare	Click to Compare
Industry	Health
NAIC Number	15478
Phone Number	(800) 851-3379
Website	www.healthalliance.org
Address	3310 Fields South Drive Champaign, IL 61822

Balance Sheet	Health Alliance Connect Inc Champaign, IL	Click to Compare	Click to Compare	Click to Compare
Total Assets	83.75M

Capital and Reserves	Health Alliance Connect Inc Champaign, IL	Click to Compare	Click to Compare	Click to Compare
Risk-Adjusted Capital Ratio #1	1.17
Risk-Adjusted Capital Ratio #2	0.98
1-Year Reserve Development	--
2-Year Reserve Development	--
Capital	33.55M
Premium to Surplus	--
Reserves to Surplus	--

Investments	Health Alliance Connect Inc Champaign, IL	Click to Compare	Click to Compare	Click to Compare
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	Health Alliance Connect Inc Champaign, IL	Click to Compare	Click to Compare	Click to Compare
Medical Loss Ratio	90.76%
Cash From Underwriting	--
Combined Ratio	--
Expense Ratio	--
Loss Ratio	--
Net Premium Growth	--

Other Medical	Health Alliance Connect Inc Champaign, IL	Click to Compare	Click to Compare	Click to Compare
Bonus Pay	0.00
Capitation Pay	136.99K
Contractual Pay	152.13K
Enrollment	24.55K
Fee For Service	11.11K
Medical Expense Per Member Per Month	$4,157.00
Network Physicians	60.54K
Other Pay	--
Salary Pay	0.00
Total Patient Encounters - Physician	161.20K
Total Patient Encounters-Non-Physician	741.63K

Profitability	Health Alliance Connect Inc Champaign, IL	Click to Compare	Click to Compare	Click to Compare
Net Income	-623.70K
Net Premium	338.18M
Health Premium	338.18M