D
Mass Genl Brigham Hlth Ins Co
Rating Date
September 2023
NAIC
Classification
Risk Adjusted
Capital Ratio #1
Risk Adjusted
Capital Ratio #2
Total
Assets
Capital
Health
Premiums
Net
Income
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Major Rating Factors: Weak profitability index (0.9 on a scale of 0 to 10) with modest operating losses during 2019, 2020 and 2021. Weak quality investment portfolio (0.0) containing no exposure to mortgages, junk bonds, or unaffiliated stocks. Fair overall results on stability tests (3.9). Potentially strong support from affiliation with Mass General Brigham Incorporated.
Other Rating Factors: Excellent capitalization index (7.0) based on good current risk-adjusted capital (severe loss scenario). However, risk-adjusted capital has reached as low as the weak level during recent years. Excellent liquidity (9.0) with ample operational cash flow and liquid investments.
Principal Lines of Business: --
Licensed in: MA
Principal Enrollment Breakdown: --
Other Highlights
Medical Loss Ratio
Medical Expense
Per Member Per Month ($)
561
Provider Compensation ($000)
Capitation Pay
Fee For Service
Contractual Pay
Salary
0
Bonus
0
Other
338
Member Physicians
Enrollment
Total Patient Encounters
Physician
Non-Physician
Corporate Info
Group Affiliation
Mass General Brigham Incorporated
Investment Rating
--
Company Address
399 Revolution Drive
Somerville, MA 02145
Phone Number
(800) 433-5556
NAIC Number
16375
Largest Affiliates
D
Somerville, MA - Health
U
Somerville, MA - Health
Weiss Ratings