E
Banner Health Plan Inc
Phoenix,  AZ
Rating Date
April 2025
NAIC
Classification
Health
Risk Adjusted
Capital Ratio #1
1.37
Risk Adjusted
Capital Ratio #2
1.14
Total
Assets
37.92M
Capital
5.83M
Health
Premiums
24.49M
Net
Income
-6.32M
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Weiss Ratings Banner Health Plan Inc
Phoenix, AZ 		Click to
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Rating E
Capitalization Index 7.01
Investment Safety Index 9.90
Liquidity Index 7.18
Profitability Index 0.00
Reserve Adequacy Index --
Stability Index 0.93
Company Info Banner Health Plan Inc
Phoenix, AZ 		Click to
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Industry Health
NAIC Number 16664
Phone Number (833) 516-1007
Website www.bannerhealth.com/medicare
Address 2901 North Central Avenue Phoenix, AZ 85012
Balance Sheet Banner Health Plan Inc
Phoenix, AZ 		Click to
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Total Assets 37.92M
Capital and Reserves Banner Health Plan Inc
Phoenix, AZ 		Click to
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Risk-Adjusted Capital Ratio #1 1.37
Risk-Adjusted Capital Ratio #2 1.14
1-Year Reserve Development --
2-Year Reserve Development --
Capital 5.83M
Premium to Surplus --
Reserves to Surplus --
Investments Banner Health Plan Inc
Phoenix, AZ 		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 Banner Health Plan Inc
Phoenix, AZ 		Click to
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Medical Loss Ratio 102.70%
Cash From Underwriting --
Combined Ratio --
Expense Ratio --
Loss Ratio --
Net Premium Growth --
Other Medical Banner Health Plan Inc
Phoenix, AZ 		Click to
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Bonus Pay 0.00
Capitation Pay 22.30K
Contractual Pay 0.00
Enrollment 9.22K
Fee For Service 0.00
Medical Expense Per Member Per Month $890.00
Network Physicians 0.00
Other Pay --
Salary Pay 0.00
Total Patient Encounters - Physician 101.19K
Total Patient Encounters-Non-Physician 20.15K
Profitability Banner Health Plan Inc
Phoenix, AZ 		Click to
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Net Income -6.32M
Net Premium 24.49M
Health Premium 24.49M