B
MVP Health Services Corp
Rating Date
June 2024
NAIC
Classification
Risk Adjusted
Capital Ratio #1
Risk Adjusted
Capital Ratio #2
Total
Assets
Capital
Health
Premiums
Net
Income
Weiss Ratings MVP Health Services Corp
Schenectady, NY
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Rating B
Capitalization Index 6.89
Investment Safety Index 7.41
Liquidity Index 6.79
Profitability Index 5.30
Reserve Adequacy Index --
Stability Index 6.58
Company Info MVP Health Services Corp
Schenectady, NY
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Industry Health
NAIC Number 47062
Phone Number (518) 370-4793
Website www.mvphealthcare.com
Address 625 State Street Schenectady, NY 12305
Balance Sheet MVP Health Services Corp
Schenectady, NY
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Total Assets 188.87M
Capital and Reserves MVP Health Services Corp
Schenectady, NY
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Risk-Adjusted Capital Ratio #1 1.28
Risk-Adjusted Capital Ratio #2 1.06
1-Year Reserve Development --
2-Year Reserve Development --
Capital 111.89M
Premium to Surplus --
Reserves to Surplus --
Investments MVP Health Services Corp
Schenectady, NY
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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 MVP Health Services Corp
Schenectady, NY
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Medical Loss Ratio 89.33%
Cash From Underwriting --
Combined Ratio --
Expense Ratio --
Loss Ratio --
Net Premium Growth --
Other Medical MVP Health Services Corp
Schenectady, NY
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Bonus Pay 1.51K
Capitation Pay 3.40K
Contractual Pay 551.29K
Enrollment 94.93K
Fee For Service 28.50K
Medical Expense Per Member Per Month $538.00
Network Physicians 51.90K
Other Pay --
Salary Pay 0.00
Total Patient Encounters - Physician 1.05M
Total Patient Encounters-Non-Physician 456.80K
Profitability MVP Health Services Corp
Schenectady, NY
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Net Income 5.14M
Net Premium 695.10M
Health Premium 695.10M
Weiss Ratings