C
HealthPartners Ins Co
Rating Date
June 2024
NAIC
Classification
Risk Adjusted
Capital Ratio #1
Risk Adjusted
Capital Ratio #2
Total
Assets
Capital
Health
Premiums
Net
Income
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Major Rating Factors: Fair profitability index (4.1 on a scale of 0 to 10) with 5.6 million in losses in the current year. Return on equity has been fair, averaging 8.6% over the last five years. Good overall results on stability tests (5.1). Rating is influenced by the acceptable financial results of HealthPartners Inc. Good liquidity (6.3) with sufficient resources (cash flows and marketable investments) to handle a spike in claims.
Other Rating Factors: Excellent overall capitalization (7.6) based on good current risk-adjusted capital (severe loss scenario) despite some fluctuation in capital levels. Excellent quality investment portfolio (8.4) containing small junk bond exposure.
Principal Lines of Business: --
Licensed in: IA, MN, ND, NE, SD, WI
Principal Enrollment Breakdown: --
Other Highlights
Medical Loss Ratio
Medical Expense
Per Member Per Month ($)
673
Provider Compensation ($000)
Capitation Pay
0
Fee For Service
0
Contractual Pay
Salary
0
Bonus
Other
--
Member Physicians
Enrollment
Total Patient Encounters
Physician
Non-Physician
Corporate Info
Group Affiliation
HealthPartners Inc
Investment Rating
--
Company Address
8170 33rd Avenue, South
Minneapolis, MN 55425
Phone Number
(952) 883-6000
NAIC Number
44547
Largest Affiliates
C
Bloomington, MN - Health
E
Minneapolis, MN - Health
D
West Des Moines, IA - Health