Clear Spring Health (GA) Inc
Major Rating Factors:
Weak profitability index (0.2 on a scale of 0 to 10) with modest operating losses during each of the last five years. Average return on equity has been poor at -37.9%. Fair overall results on stability tests (3.1) based on an overall decline in enrollment over the past five years, a decline in the number of member physicians during 2023. Rating is significantly influenced by the acceptable financial results of DLICM LLC. Good liquidity (6.2) with sufficient resources (cash flows and marketable investments) to handle a spike in claims.
Other Rating Factors:
Excellent overall capitalization (10.0) based on excellent current risk-adjusted capital (severe loss scenario) despite some fluctuation in capital levels. Excellent quality investment portfolio (9.9) containing small junk bond exposure.
Principal Lines of Business:
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Licensed in:
GA
Principal Enrollment Breakdown:
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Corporate Info
Group Affiliation
DLICM LLC
Investment Rating
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Company Address
250 South Northwest Highway
Park Ridge, IL 60068
Park Ridge, IL 60068
Phone Number
(224) 332-2395
NAIC Number
16005
Website
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