C
Health Alliance Med Plans Inc
Rating Date
April 2025
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 quality investment portfolio (4.5 on a scale of 0 to 10). Weak profitability index (1.3) with 37.6 million in losses in the last two years. Average return on equity over the last five years has been poor at -1.2%. Weak overall results on stability tests (1.9).
Other Rating Factors: Good liquidity (6.0) with sufficient resources (cash flows and marketable investments) to handle a spike in claims. Excellent overall capitalization (7.1) based on good current risk-adjusted capital (severe loss scenario) despite some fluctuation in capital levels.
Principal Lines of Business: --
Licensed in: IL, MO
Principal Enrollment Breakdown: --
Other Highlights
Medical Loss Ratio
Medical Expense
Per Member Per Month ($)
Provider Compensation ($000)
Capitation Pay
Fee For Service
Contractual Pay
Salary
0
Bonus
0
Other
--
Member Physicians
Enrollment
Total Patient Encounters
Physician
Non-Physician
Corporate Info
Group Affiliation
Carle Foundation
Investment Rating
--
Company Address
3310 Fields South Drive
Champaign, IL 61822
Phone Number
(800) 851-3379
NAIC Number
77950
Largest Affiliates
C
Champaign, IL - Health
C
Champaign, IL - Health
C
Champaign, IL - Health
C
Champaign, IL - Health