C
WellCare of North Carolina Inc
Rating Date
April 2025
NAIC
Classification
Health
Risk Adjusted
Capital Ratio #1
1.67
Risk Adjusted
Capital Ratio #2
1.39
Total
Assets
407.90M
Capital
190.24M
Health
Premiums
918.77M
Net
Income
-13.68M
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Weiss Ratings WellCare of North Carolina Inc
Saint Louis, MO 		Click to
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Rating C
Capitalization Index 7.39
Investment Safety Index 6.75
Liquidity Index 6.88
Profitability Index 0.90
Reserve Adequacy Index --
Stability Index 6.63
Company Info WellCare of North Carolina Inc
Saint Louis, MO 		Click to
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Industry Health
NAIC Number 16547
Phone Number (314) 725-4477
Website www.centene.com
Address 7700 Forsyth Boulevard Saint Louis, MO 63105
Balance Sheet WellCare of North Carolina Inc
Saint Louis, MO 		Click to
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Total Assets 407.90M
Capital and Reserves WellCare of North Carolina Inc
Saint Louis, MO 		Click to
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Risk-Adjusted Capital Ratio #1 1.67
Risk-Adjusted Capital Ratio #2 1.39
1-Year Reserve Development --
2-Year Reserve Development --
Capital 190.24M
Premium to Surplus --
Reserves to Surplus --
Investments WellCare of North Carolina Inc
Saint Louis, MO 		Click to
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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 WellCare of North Carolina Inc
Saint Louis, MO 		Click to
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Medical Loss Ratio 89.76%
Cash From Underwriting --
Combined Ratio --
Expense Ratio --
Loss Ratio --
Net Premium Growth --
Other Medical WellCare of North Carolina Inc
Saint Louis, MO 		Click to
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Bonus Pay 1.10K
Capitation Pay 33.69K
Contractual Pay 1.36M
Enrollment 412.11K
Fee For Service 0.00
Medical Expense Per Member Per Month $606.00
Network Physicians 82.60K
Other Pay --
Salary Pay 49.43K
Total Patient Encounters - Physician 1.21M
Total Patient Encounters-Non-Physician 1.40M
Profitability WellCare of North Carolina Inc
Saint Louis, MO 		Click to
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Net Income -13.68M
Net Premium 918.77M
Health Premium 918.77M