Community Health Plan of WA

Seattle, WA

Rating Date

June 2024

NAIC
Classification

Health

Risk Adjusted
Capital Ratio #1

2.47

Risk Adjusted
Capital Ratio #2

2.06

Total
Assets

567.40M

Capital

236.52M

Health
Premiums

1.35B

Net
Income

35.91M

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Weiss Ratings	Community Health Plan of WA Seattle, WA	Click to Compare	Click to Compare	Click to Compare
Rating	B
Capitalization Index	8.39
Investment Safety Index	3.36
Liquidity Index	6.93
Profitability Index	6.39
Reserve Adequacy Index	--
Stability Index	7.91

Company Info	Community Health Plan of WA Seattle, WA	Click to Compare	Click to Compare	Click to Compare
Industry	Health
NAIC Number	47049
Phone Number	(206) 521-8833
Website	www.chpw.org
Address	1111 Third Avenue Seattle, WA 98101

Balance Sheet	Community Health Plan of WA Seattle, WA	Click to Compare	Click to Compare	Click to Compare
Total Assets	567.40M

Capital and Reserves	Community Health Plan of WA Seattle, WA	Click to Compare	Click to Compare	Click to Compare
Risk-Adjusted Capital Ratio #1	2.47
Risk-Adjusted Capital Ratio #2	2.06
1-Year Reserve Development	--
2-Year Reserve Development	--
Capital	236.52M
Premium to Surplus	--
Reserves to Surplus	--

Investments	Community Health Plan of WA Seattle, WA	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	Community Health Plan of WA Seattle, WA	Click to Compare	Click to Compare	Click to Compare
Medical Loss Ratio	87.91%
Cash From Underwriting	--
Combined Ratio	--
Expense Ratio	--
Loss Ratio	--
Net Premium Growth	--

Other Medical	Community Health Plan of WA Seattle, WA	Click to Compare	Click to Compare	Click to Compare
Bonus Pay	0.00
Capitation Pay	222.31K
Contractual Pay	672.66K
Enrollment	325.81K
Fee For Service	295.84K
Medical Expense Per Member Per Month	$1,223.00
Network Physicians	30.71K
Other Pay	--
Salary Pay	0.00
Total Patient Encounters - Physician	635.23K
Total Patient Encounters-Non-Physician	571.96K

Profitability	Community Health Plan of WA Seattle, WA	Click to Compare	Click to Compare	Click to Compare
Net Income	35.91M
Net Premium	1.35B
Health Premium	1.35B