Wellmark of South Dakota Inc
Major Rating Factors:
Good overall results on stability tests (6.7 on a scale of 0 to 10) based on consistent premium and capital growth in the last five years. Good liquidity (6.7) with sufficient resources (cash flows and marketable investments) to handle a spike in claims. Fair quality investment portfolio (4.8).
Other Rating Factors:
Excellent profitability (7.1) despite a decline in earnings during 2022. Excellent capitalization index (10.0) based on good current risk-adjusted capital (severe loss scenario) despite some fluctuation in capital levels.
Principal Lines of Business:
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Licensed in:
SD
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
Wellmark Inc
Investment Rating
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Company Address
1601 West Madison Street
Sioux Falls, SD 57104
Sioux Falls, SD 57104
Phone Number
(605) 373-7200
NAIC Number
60128
Website
Largest Affiliates
