Clear Spring Hlth IL Inc
Major Rating Factors:
Weak profitability index (0.0 on a scale of 0 to 10) with modest operating losses during 2021, 2022 and 2023. Average return on equity over the last five years has been poor at -12.1%. Weak overall results on stability tests (1.2) based on rapid premium growth over the last five years, a steep decline in capital during 2023 and a decline in the number of member physicians during 2023. Rating is significantly influenced by the acceptable financial results of DLICM LLC. Weak liquidity (0.9) as a spike in claims may stretch capacity.
Other Rating Factors:
Excellent overall capitalization (8.4) 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:
IL
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
16278
Website
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