Development
A
Wellpoint West Virginia Inc
Rating Date
September 2023
NAIC
Classification
Health
Risk Adjusted
Capital Ratio #1
4.70
Risk Adjusted
Capital Ratio #2
3.92
Total
Assets
394.31M
Capital
249.62M
Health
Premiums
414.13M
Net
Income
27.17M
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Weiss Ratings UNICARE Health Plan of WV Inc
Charleston, WV 		Click to
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Rating A
Capitalization Index 10.00
Investment Safety Index 8.01
Liquidity Index 7.01
Profitability Index 9.89
Reserve Adequacy Index --
Stability Index 8.21
Company Info UNICARE Health Plan of WV Inc
Charleston, WV 		Click to
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Industry Health
NAIC Number 11810
Phone Number (877) 864-2273
Website www.elevancehealth.com
Address 200 Association Drive Charleston, WV 25311
Balance Sheet UNICARE Health Plan of WV Inc
Charleston, WV 		Click to
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Total Assets 349.67M
Capital and Reserves UNICARE Health Plan of WV Inc
Charleston, WV 		Click to
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Risk-Adjusted Capital Ratio #1 4.70
Risk-Adjusted Capital Ratio #2 3.91
1-Year Reserve Development --
2-Year Reserve Development --
Capital 226.49M
Premium to Surplus --
Reserves to Surplus --
Investments UNICARE Health Plan of WV Inc
Charleston, WV 		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 UNICARE Health Plan of WV Inc
Charleston, WV 		Click to
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Medical Loss Ratio 77.42%
Cash From Underwriting --
Combined Ratio --
Expense Ratio --
Loss Ratio --
Net Premium Growth --
Other Medical UNICARE Health Plan of WV Inc
Charleston, WV 		Click to
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Bonus Pay 251.42K
Capitation Pay 10.25K
Contractual Pay 281.12K
Enrollment 200.82K
Fee For Service 19.17K
Medical Expense Per Member Per Month $320.00
Network Physicians 1.57K
Other Pay --
Salary Pay 0.00
Total Patient Encounters - Physician 1.30M
Total Patient Encounters-Non-Physician 1.35M
Profitability UNICARE Health Plan of WV Inc
Charleston, WV 		Click to
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Net Income 43.46M
Net Premium 581.71M
Health Premium 581.71M