Clear Spring Health (VA) Inc

Park Ridge, IL

Rating Date

June 2024

NAIC
Classification

Health

Risk Adjusted
Capital Ratio #1

4.09

Risk Adjusted
Capital Ratio #2

3.41

Total
Assets

6.79M

Capital

3.47M

Health
Premiums

3.26M

Net
Income

-4.73M

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Weiss Ratings	Clear Spring Health (VA) Inc Park Ridge, IL	Click to Compare	Click to Compare	Click to Compare
Rating	D
Capitalization Index	10.00
Investment Safety Index	9.52
Liquidity Index	2.34
Profitability Index	0.00
Reserve Adequacy Index	--
Stability Index	1.11

Company Info	Clear Spring Health (VA) Inc Park Ridge, IL	Click to Compare	Click to Compare	Click to Compare
Industry	Health
NAIC Number	16534
Phone Number	(224) 985-5593
Website	www.clearspringhealthcare.com
Address	250 South Northwest Highway Park Ridge, IL 60068

Balance Sheet	Clear Spring Health (VA) Inc Park Ridge, IL	Click to Compare	Click to Compare	Click to Compare
Total Assets	6.79M

Capital and Reserves	Clear Spring Health (VA) Inc Park Ridge, IL	Click to Compare	Click to Compare	Click to Compare
Risk-Adjusted Capital Ratio #1	4.09
Risk-Adjusted Capital Ratio #2	3.41
1-Year Reserve Development	--
2-Year Reserve Development	--
Capital	3.47M
Premium to Surplus	--
Reserves to Surplus	--

Investments	Clear Spring Health (VA) Inc Park Ridge, IL	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	Clear Spring Health (VA) Inc Park Ridge, IL	Click to Compare	Click to Compare	Click to Compare
Medical Loss Ratio	153.59%
Cash From Underwriting	--
Combined Ratio	--
Expense Ratio	--
Loss Ratio	--
Net Premium Growth	--

Other Medical	Clear Spring Health (VA) Inc Park Ridge, IL	Click to Compare	Click to Compare	Click to Compare
Bonus Pay	0.00
Capitation Pay	0.00
Contractual Pay	140.00
Enrollment	355.00
Fee For Service	5.30K
Medical Expense Per Member Per Month	$1,127.00
Network Physicians	6.70K
Other Pay	--
Salary Pay	0.00
Total Patient Encounters - Physician	3.34K
Total Patient Encounters-Non-Physician	661.00

Profitability	Clear Spring Health (VA) Inc Park Ridge, IL	Click to Compare	Click to Compare	Click to Compare
Net Income	-4.73M
Net Premium	3.26M
Health Premium	3.26M