Development
B
Health Plan of WV Inc
Rating Date
September 2023
NAIC
Classification
Risk Adjusted
Capital Ratio #1
Risk Adjusted
Capital Ratio #2
Total
Assets
Capital
Health
Premiums
Net
Income
Weiss Ratings Health Plan of WV Inc
Wheeling, WV
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Rating B
Capitalization Index 9.22
Investment Safety Index 4.23
Liquidity Index 6.85
Profitability Index 4.81
Reserve Adequacy Index --
Stability Index 5.63
Company Info Health Plan of WV Inc
Wheeling, WV
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Industry Health
NAIC Number 01387
Phone Number (740) 695-3585
Website www.healthplan.org
Address 1110 Main Street Wheeling, WV 26003
Balance Sheet Health Plan of WV Inc
Wheeling, WV
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Total Assets 415.36M
Capital and Reserves Health Plan of WV Inc
Wheeling, WV
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Risk-Adjusted Capital Ratio #1 3.13
Risk-Adjusted Capital Ratio #2 2.61
1-Year Reserve Development --
2-Year Reserve Development --
Capital 257.07M
Premium to Surplus --
Reserves to Surplus --
Investments Health Plan of WV Inc
Wheeling, WV
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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 Health Plan of WV Inc
Wheeling, WV
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Medical Loss Ratio 82.38%
Cash From Underwriting --
Combined Ratio --
Expense Ratio --
Loss Ratio --
Net Premium Growth --
Other Medical Health Plan of WV Inc
Wheeling, WV
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Bonus Pay 0.00
Capitation Pay 13.73K
Contractual Pay 644.95K
Enrollment 160.98K
Fee For Service 0.00
Medical Expense Per Member Per Month $446.00
Network Physicians 29.34K
Other Pay --
Salary Pay 0.00
Total Patient Encounters - Physician 2.21M
Total Patient Encounters-Non-Physician 657.69K
Profitability Health Plan of WV Inc
Wheeling, WV
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Net Income 18.27M
Net Premium 625.62M
Health Premium 625.44M