D
Clover HMO New Jersey Inc
Rating Date
April 2025
NAIC
Classification
Health
Risk Adjusted
Capital Ratio #1
1.80
Risk Adjusted
Capital Ratio #2
1.50
Total
Assets
30.48M
Capital
19.38M
Health
Premiums
70.69M
Net
Income
4.26M
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Weiss Ratings Clover HMO New Jersey Inc
Jersey City, NJ 		Click to
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Rating D
Capitalization Index 7.55
Investment Safety Index 9.90
Liquidity Index 6.33
Profitability Index 0.90
Reserve Adequacy Index --
Stability Index 6.04
Company Info Clover HMO New Jersey Inc
Jersey City, NJ 		Click to
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Industry Health
NAIC Number 16347
Phone Number (201) 432-2133
Website www.cloverhealth.com
Address 30 Montgomery Street Jersey City, NJ 07302
Balance Sheet Clover HMO New Jersey Inc
Jersey City, NJ 		Click to
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Total Assets 30.48M
Capital and Reserves Clover HMO New Jersey Inc
Jersey City, NJ 		Click to
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Risk-Adjusted Capital Ratio #1 1.80
Risk-Adjusted Capital Ratio #2 1.50
1-Year Reserve Development --
2-Year Reserve Development --
Capital 19.38M
Premium to Surplus --
Reserves to Surplus --
Investments Clover HMO New Jersey Inc
Jersey City, NJ 		Click to
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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 Clover HMO New Jersey Inc
Jersey City, NJ 		Click to
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Medical Loss Ratio 87.67%
Cash From Underwriting --
Combined Ratio --
Expense Ratio --
Loss Ratio --
Net Premium Growth --
Other Medical Clover HMO New Jersey Inc
Jersey City, NJ 		Click to
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Bonus Pay --
Capitation Pay --
Contractual Pay --
Enrollment 5.06K
Fee For Service --
Medical Expense Per Member Per Month $969.00
Network Physicians 88.47K
Other Pay --
Salary Pay --
Total Patient Encounters - Physician --
Total Patient Encounters-Non-Physician --
Profitability Clover HMO New Jersey Inc
Jersey City, NJ 		Click to
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Net Income 4.26M
Net Premium 70.69M
Health Premium 70.69M