Clear Spring Health (CO) Inc
Major Rating Factors:
Weak profitability index (0.3 on a scale of 0 to 10) with operating losses during 2019, 2020, 2021 and 2022. Weak overall results on stability tests (1.8) based on an excessive 74% enrollment growth during the period. Rating is significantly influenced by the acceptable financial results of DLICM LLC. Fair liquidity (3.4) as cash resources may not be adequate to cover a spike in claims.
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 (9.9) containing little or no exposure to mortgages, junk bonds, or unaffiliated stocks.
Principal Lines of Business:
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Licensed in:
CO
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
16536
Website
Largest Affiliates