Clover HMO New Jersey Inc

Jersey City, NJ

Rating Date

January 2026

NAIC
Classification

Health

Risk Adjusted
Capital Ratio #1

2.22

Risk Adjusted
Capital Ratio #2

1.85

Total
Assets

34.89M

Capital

20.99M

Health
Premiums

63.43M

Net
Income

-317.91K

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Weiss Ratings	Clover HMO New Jersey Inc Jersey City, NJ	Click to Compare	Click to Compare	Click to Compare
Rating	D
Capitalization Index	8.08
Investment Safety Index	3.65
Liquidity Index	6.92
Profitability Index	0.90
Reserve Adequacy Index	--
Stability Index	5.46

Company Info	Clover HMO New Jersey Inc Jersey City, NJ	Click to Compare	Click to Compare	Click to Compare
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 Compare	Click to Compare	Click to Compare
Total Assets	34.89M

Capital and Reserves	Clover HMO New Jersey Inc Jersey City, NJ	Click to Compare	Click to Compare	Click to Compare
Risk-Adjusted Capital Ratio #1	2.22
Risk-Adjusted Capital Ratio #2	1.85
1-Year Reserve Development	--
2-Year Reserve Development	--
Capital	20.99M
Premium to Surplus	--
Reserves to Surplus	--

Investments	Clover HMO New Jersey Inc Jersey City, NJ	Click to Compare	Click to Compare	Click to Compare
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 Compare	Click to Compare	Click to Compare
Medical Loss Ratio	84.17%
Cash From Underwriting	--
Combined Ratio	--
Expense Ratio	--
Loss Ratio	--
Net Premium Growth	--

Other Medical	Clover HMO New Jersey Inc Jersey City, NJ	Click to Compare	Click to Compare	Click to Compare
Bonus Pay	0.00
Capitation Pay	513.00
Contractual Pay	49.70K
Enrollment	3.64K
Fee For Service	0.00
Medical Expense Per Member Per Month	$1,135.00
Network Physicians	84.50K
Other Pay	--
Salary Pay	273.00
Total Patient Encounters - Physician	21.55K
Total Patient Encounters-Non-Physician	7.02K

Profitability	Clover HMO New Jersey Inc Jersey City, NJ	Click to Compare	Click to Compare	Click to Compare
Net Income	-317.91K
Net Premium	63.43M
Health Premium	63.43M