C
Clear Spring Health Ins Co
Rating Date
June 2024
NAIC
Classification
Health
Risk Adjusted
Capital Ratio #1
2.69
Risk Adjusted
Capital Ratio #2
2.25
Total
Assets
403.44M
Capital
53.22M
Health
Premiums
172.05M
Net
Income
-9.39M
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Weiss Ratings Clear Spring Health Ins Co
Park Ridge, IL 		Click to
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Rating C
Capitalization Index 8.68
Investment Safety Index 9.90
Liquidity Index 0.00
Profitability Index 0.90
Reserve Adequacy Index --
Stability Index 3.25
Company Info Clear Spring Health Ins Co
Park Ridge, IL 		Click to
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Industry Health
NAIC Number 78301
Phone Number (224) 985-5593
Website www.clearspringhealthcare.com
Address 250 South Northwest Highway Park Ridge, IL 60068
Balance Sheet Clear Spring Health Ins Co
Park Ridge, IL 		Click to
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Total Assets 403.44M
Capital and Reserves Clear Spring Health Ins Co
Park Ridge, IL 		Click to
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Risk-Adjusted Capital Ratio #1 2.69
Risk-Adjusted Capital Ratio #2 2.25
1-Year Reserve Development --
2-Year Reserve Development --
Capital 53.22M
Premium to Surplus --
Reserves to Surplus --
Investments Clear Spring Health Ins Co
Park Ridge, IL 		Click to
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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 Clear Spring Health Ins Co
Park Ridge, IL 		Click to
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Medical Loss Ratio 74.07%
Cash From Underwriting --
Combined Ratio --
Expense Ratio --
Loss Ratio --
Net Premium Growth --
Other Medical Clear Spring Health Ins Co
Park Ridge, IL 		Click to
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Bonus Pay 0.00
Capitation Pay 0.00
Contractual Pay 48.34K
Enrollment 336.39K
Fee For Service 0.00
Medical Expense Per Member Per Month $35.00
Network Physicians 0.00
Other Pay --
Salary Pay 0.00
Total Patient Encounters - Physician 0.00
Total Patient Encounters-Non-Physician 0.00
Profitability Clear Spring Health Ins Co
Park Ridge, IL 		Click to
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Net Income -9.39M
Net Premium 172.56M
Health Premium 172.05M