Clear Spring Health (GA) Inc
Major Rating Factors:
Weak profitability index (0.0 on a scale of 0 to 10) with 11.6 million in losses in the last five years. Average return on equity has been poor at -72.5%. Weak overall results on stability tests (1.9) based on a significant -26% decrease in enrollment during the period, a steep decline in capital during 2022. Rating is significantly influenced by the acceptable financial results of DLICM LLC. Fair liquidity (4.4) as cash resources may not be adequate to cover a spike in claims.
Other Rating Factors:
Excellent overall capitalization (10.0) based on good 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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Other Highlights
Medical Loss Ratio
Medical Expense
Per Member Per Month ($)
Provider Compensation ($000)
Capitation Pay
Fee For Service
Contractual Pay
Salary
Bonus
Other
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Member Physicians
Enrollment
Total Patient Encounters
Physician
Non-Physician
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) 985-5593
NAIC Number
16005
Largest Affiliates