Major Rating Factors:
Fair profitability index (3.0 on a scale of 0 to 10) with 43.9 million in losses in the last two years. Fair quality investment portfolio (3.4). Good liquidity (6.8) with sufficient resources (cash flows and marketable investments) to handle a spike in claims.
Other Rating Factors:
Excellent capitalization index (9.6) based on excellent current risk-adjusted capital (severe loss scenario) despite some fluctuation in capital levels. Excellent overall results on stability tests (7.6) based on consistent premium and capital growth in the last five years. Potentially strong support from affiliation with Blue Cross Blue Shield of Michigan Mutual Ins Co.
Principal Lines of Business:
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Licensed in:
MI
Principal Enrollment Breakdown:
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Other Highlights
Medical Loss Ratio
Medical Expense
Per Member Per Month ($)
Provider Compensation ($000)
Capitation Pay
Fee For Service
Contractual Pay
Salary
Bonus
Other
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Member Physicians
Enrollment
Total Patient Encounters
Physician
Non-Physician
Corporate Info
Group Affiliation
Blue Cross Blue Shield of Michigan Mutual Ins Co
Investment Rating
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Company Address
600 East Lafayette Boulevard
Detroit, MI 48226
Detroit, MI 48226
Phone Number
(313) 225-9000
NAIC Number
54291
Website
Largest Affiliates