B
BC&BS of NC Senior Health
DurhamNC
Rating Date
September 2025
NAIC
Classification
Risk Adjusted
Capital Ratio #1
Risk Adjusted
Capital Ratio #2
Total
Assets
Capital
Health
Premiums
Net
Income
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Major Rating Factors: Fair overall results on stability tests (4.8 on a scale of 0 to 10) in spite of healthy premium and capital growth during 2022 but a decline in the number of member physicians during 2022 and an excessive 580% enrollment growth during the period. Rating is significantly influenced by the strong financial results of CuraCor Solutions Corp. Excellent capitalization index (8.9) based on excellent current risk-adjusted capital (severe loss scenario). However, risk-adjusted capital has reached as low as the weak level during recent years. Weak profitability index (1.8) with operating losses during 2020, 2021 and 2022.
Other Rating Factors: Weak quality investment portfolio (1.8) containing no exposure to mortgages, junk bonds, or unaffiliated stocks. Weak liquidity (2.5) as a spike in claims may stretch capacity.
Principal Lines of Business: --
Licensed in: NC
Principal Enrollment Breakdown: --
Other Highlights
Medical Loss Ratio
Medical Expense
Per Member Per Month ($)
Provider Compensation ($000)
Capitation Pay
875
Fee For Service
0
Contractual Pay
Salary
0
Bonus
0
Other
--
Member Physicians
Enrollment
Total Patient Encounters
Physician
Non-Physician
Corporate Info
Group Affiliation
CuraCor Solutions Corp
Investment Rating
--
Company Address
4613 University Drive
Durham, NC 27707
Phone Number
(919) 489-7431
NAIC Number
15999
Largest Affiliates