U
Healthier New Jersey Ins Co
NewarkNJ
Rating Date
September 2023
NAIC
Classification
Risk Adjusted
Capital Ratio #1
--
Risk Adjusted
Capital Ratio #2
--
Total
Assets
Capital
Health
Premiums
Net
Income
Weiss Ratings Healthier New Jersey Ins Co
Newark, NJ
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Rating U
Capitalization Index --
Investment Safety Index --
Liquidity Index --
Profitability Index --
Reserve Adequacy Index --
Stability Index --
Company Info Healthier New Jersey Ins Co
Newark, NJ
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Industry Health
NAIC Number 16714
Phone Number (973) 466-5607
Website www.bravenhealth.com
Address Three Penn Plaza, East Newark, NJ 07105
Balance Sheet Healthier New Jersey Ins Co
Newark, NJ
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Total Assets 54.61M
Capital and Reserves Healthier New Jersey Ins Co
Newark, NJ
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Risk-Adjusted Capital Ratio #1 --
Risk-Adjusted Capital Ratio #2 --
1-Year Reserve Development --
2-Year Reserve Development --
Capital 22.66M
Premium to Surplus --
Reserves to Surplus --
Investments Healthier New Jersey Ins Co
Newark, NJ
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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 Healthier New Jersey Ins Co
Newark, NJ
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Medical Loss Ratio 103.95%
Cash From Underwriting --
Combined Ratio --
Expense Ratio --
Loss Ratio --
Net Premium Growth --
Other Medical Healthier New Jersey Ins Co
Newark, NJ
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Bonus Pay --
Capitation Pay --
Contractual Pay --
Enrollment 17.89K
Fee For Service --
Medical Expense Per Member Per Month $924.00
Network Physicians 84.23K
Other Pay --
Salary Pay --
Total Patient Encounters - Physician --
Total Patient Encounters-Non-Physician --
Profitability Healthier New Jersey Ins Co
Newark, NJ
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Net Income -38.03M
Net Premium 172.30M
Health Premium 172.30M
Weiss Ratings