Clear Spring Health (VA) Inc
Major Rating Factors:
Weak profitability index (0.0 on a scale of 0 to 10) with 11.8 million in losses in the last four years. Weak overall results on stability tests (1.1) based on a significant -35% 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 (2.9) as a spike in claims may stretch capacity.
Other Rating Factors:
Excellent capitalization index (10.0) based on excellent current risk-adjusted capital (severe loss scenario). However, risk-adjusted capital has reached as low as the weak level during recent years. Excellent quality investment portfolio (9.5) containing no exposure to mortgages, junk bonds, or unaffiliated stocks.
Principal Lines of Business:
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Licensed in:
VA
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) 332-2395
NAIC Number
16534
Website
Largest Affiliates