C
LifeWise Assurance Co
Rating Date
January 2026
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: Weak overall results on stability tests (1.2 on a scale of 0 to 10). Rating is significantly influenced by the acceptable financial results of PREMERA. Good overall profitability index (5.7) with operating gains in each of the last five years. Good liquidity (6.6) with sufficient resources (cash flows and marketable investments) to handle a spike in claims.
Other Rating Factors: Excellent overall capitalization (7.2) based on excellent current risk-adjusted capital (severe loss scenario) despite some fluctuation in capital levels. Excellent quality investment portfolio (9.9) containing small junk bond exposure.
Principal Lines of Business: --
Licensed in: AK, CA, ID, OR, WA
Principal Enrollment Breakdown: --
Other Highlights
Medical Loss Ratio
Medical Expense
Per Member Per Month ($)
51
Provider Compensation ($000)
Capitation Pay
0
Fee For Service
Contractual Pay
Salary
0
Bonus
58
Other
Member Physicians
Enrollment
Total Patient Encounters
Physician
Non-Physician
Corporate Info
Group Affiliation
PREMERA
Investment Rating
--
Company Address
7001 220th Street, SW
Mountlake Terrace, WA 98043
Phone Number
(425) 918-4575
NAIC Number
94188
Largest Affiliates
C
Mountlake Terrace, WA - Health
C
Mountlake Terrace, WA - Health
C
Mountlake Terrace, WA - Health