C
EmblemHealth Plan Inc
Rating Date
September 2023
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 operating gains in each of the last five years. Good overall results on stability tests (5.1). Rating is influenced by the weak financial results of EmblemHealth Inc. Excellent overall capitalization (10.0) based on good current risk-adjusted capital (severe loss scenario) despite some fluctuation in capital levels.
Other Rating Factors: Excellent quality investment portfolio (7.3) containing small junk bond exposure. Excellent liquidity (7.6) with ample operational cash flow and liquid investments.
Principal Lines of Business: --
Licensed in: NY
Principal Enrollment Breakdown: --
Other Highlights
Medical Loss Ratio
Medical Expense
Per Member Per Month ($)
32
Provider Compensation ($000)
Capitation Pay
0
Fee For Service
Contractual Pay
Salary
0
Bonus
0
Other
Member Physicians
Enrollment
Total Patient Encounters
Physician
Non-Physician
0
Corporate Info
Group Affiliation
EmblemHealth Inc
Investment Rating
--
Company Address
55 Water Street
New York, NY 10041
Phone Number
(646) 447-5000
NAIC Number
55239
Largest Affiliates
D
New York, NY - Health
C
Farmington, CT - Health
C
Farmington, CT - Health
C
Farmington, CT - Health
D
New York, NY - Health
Weiss Ratings