Zing Health of Michigan Inc

Chicago, IL

Rating Date

June 2024

NAIC
Classification

Health

Risk Adjusted
Capital Ratio #1

1.08

Risk Adjusted
Capital Ratio #2

0.90

Total
Assets

14.21M

Capital

4.42M

Health
Premiums

17.51M

Net
Income

-7.89M

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Weiss Ratings	Zing Health of Michigan Inc Chicago, IL	Click to Compare	Click to Compare	Click to Compare
Rating	D
Capitalization Index	6.00
Investment Safety Index	9.90
Liquidity Index	7.19
Profitability Index	0.90
Reserve Adequacy Index	--
Stability Index	4.50

Company Info	Zing Health of Michigan Inc Chicago, IL	Click to Compare	Click to Compare	Click to Compare
Industry	Health
NAIC Number	16812
Phone Number	(312) 205-7948
Website	www.myzinghealth.com
Address	225 West Washington Street Chicago, IL 60606

Balance Sheet	Zing Health of Michigan Inc Chicago, IL	Click to Compare	Click to Compare	Click to Compare
Total Assets	14.21M

Capital and Reserves	Zing Health of Michigan Inc Chicago, IL	Click to Compare	Click to Compare	Click to Compare
Risk-Adjusted Capital Ratio #1	1.08
Risk-Adjusted Capital Ratio #2	0.90
1-Year Reserve Development	--
2-Year Reserve Development	--
Capital	4.42M
Premium to Surplus	--
Reserves to Surplus	--

Investments	Zing Health of Michigan Inc Chicago, IL	Click to Compare	Click to Compare	Click to Compare
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	Zing Health of Michigan Inc Chicago, IL	Click to Compare	Click to Compare	Click to Compare
Medical Loss Ratio	107.58%
Cash From Underwriting	--
Combined Ratio	--
Expense Ratio	--
Loss Ratio	--
Net Premium Growth	--

Other Medical	Zing Health of Michigan Inc Chicago, IL	Click to Compare	Click to Compare	Click to Compare
Bonus Pay	1.87K
Capitation Pay	3.81K
Contractual Pay	12.27K
Enrollment	1.34K
Fee For Service	0.00
Medical Expense Per Member Per Month	$1,393.00
Network Physicians	10.37K
Other Pay	--
Salary Pay	0.00
Total Patient Encounters - Physician	35.15K
Total Patient Encounters-Non-Physician	7.57K

Profitability	Zing Health of Michigan Inc Chicago, IL	Click to Compare	Click to Compare	Click to Compare
Net Income	-7.89M
Net Premium	17.51M
Health Premium	17.51M