E
Bright Health Co of NC
Rating Date
June 2024
NAIC
Classification
Health
Risk Adjusted
Capital Ratio #1
1.72
Risk Adjusted
Capital Ratio #2
1.43
Total
Assets
453.63M
Capital
30.25M
Health
Premiums
288.37M
Net
Income
-61.14M
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Weiss Ratings Bright Health Co of NC
Minneapolis, MN 		Click to
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Rating E
Capitalization Index 7.45
Investment Safety Index 9.57
Liquidity Index 2.10
Profitability Index 0.32
Reserve Adequacy Index --
Stability Index 0.82
Company Info Bright Health Co of NC
Minneapolis, MN 		Click to
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Industry Health
NAIC Number 16595
Phone Number (612) 238-1321
Website --
Address 8000 Norman Center Drive Minneapolis, MN 55437
Balance Sheet Bright Health Co of NC
Minneapolis, MN 		Click to
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Total Assets 453.63M
Capital and Reserves Bright Health Co of NC
Minneapolis, MN 		Click to
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Risk-Adjusted Capital Ratio #1 1.72
Risk-Adjusted Capital Ratio #2 1.43
1-Year Reserve Development --
2-Year Reserve Development --
Capital 30.25M
Premium to Surplus --
Reserves to Surplus --
Investments Bright Health Co of NC
Minneapolis, MN 		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 Bright Health Co of NC
Minneapolis, MN 		Click to
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Medical Loss Ratio 67.26%
Cash From Underwriting --
Combined Ratio --
Expense Ratio --
Loss Ratio --
Net Premium Growth --
Other Medical Bright Health Co of NC
Minneapolis, MN 		Click to
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Bonus Pay 617.06K
Capitation Pay 1.91K
Contractual Pay 0.00
Enrollment 157.13K
Fee For Service 0.00
Medical Expense Per Member Per Month $107.00
Network Physicians 57.46K
Other Pay --
Salary Pay 0.00
Total Patient Encounters - Physician 462.95K
Total Patient Encounters-Non-Physician 190.56K
Profitability Bright Health Co of NC
Minneapolis, MN 		Click to
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Net Income -61.14M
Net Premium 288.37M
Health Premium 288.37M
Weiss Ratings