Blue Cross Blue Shield of AZ

Phoenix, AZ

Rating Date

September 2023

NAIC
Classification

Health

Risk Adjusted
Capital Ratio #1

4.70

Risk Adjusted
Capital Ratio #2

3.91

Total
Assets

2.95B

Capital

1.55B

Health
Premiums

2.72B

Net
Income

73.41M

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Weiss Ratings	Blue Cross Blue Shield of AZ Phoenix, AZ	Click to Compare	Click to Compare	Click to Compare
Rating	A
Capitalization Index	10.00
Investment Safety Index	6.77
Liquidity Index	6.96
Profitability Index	7.19
Reserve Adequacy Index	--
Stability Index	7.67

Company Info	Blue Cross Blue Shield of AZ Phoenix, AZ	Click to Compare	Click to Compare	Click to Compare
Industry	Health
NAIC Number	53589
Phone Number	(602) 864-4100
Website	www.azblue.com
Address	8220 N. 23rd Avenue Phoenix, AZ 85021

Balance Sheet	Blue Cross Blue Shield of AZ Phoenix, AZ	Click to Compare	Click to Compare	Click to Compare
Total Assets	2.97B

Capital and Reserves	Blue Cross Blue Shield of AZ Phoenix, AZ	Click to Compare	Click to Compare	Click to Compare
Risk-Adjusted Capital Ratio #1	4.66
Risk-Adjusted Capital Ratio #2	3.88
1-Year Reserve Development	--
2-Year Reserve Development	--
Capital	1.59B
Premium to Surplus	--
Reserves to Surplus	--

Investments	Blue Cross Blue Shield of AZ Phoenix, AZ	Click to Compare	Click to Compare	Click to Compare
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	Blue Cross Blue Shield of AZ Phoenix, AZ	Click to Compare	Click to Compare	Click to Compare
Medical Loss Ratio	84.53%
Cash From Underwriting	--
Combined Ratio	--
Expense Ratio	--
Loss Ratio	--
Net Premium Growth	--

Other Medical	Blue Cross Blue Shield of AZ Phoenix, AZ	Click to Compare	Click to Compare	Click to Compare
Bonus Pay	4.13K
Capitation Pay	2.67K
Contractual Pay	1.68M
Enrollment	1.76M
Fee For Service	428.57K
Medical Expense Per Member Per Month	$137.00
Network Physicians	40.63K
Other Pay	--
Salary Pay	0.00
Total Patient Encounters - Physician	2.89M
Total Patient Encounters-Non-Physician	2.50M

Profitability	Blue Cross Blue Shield of AZ Phoenix, AZ	Click to Compare	Click to Compare	Click to Compare
Net Income	72.12M
Net Premium	2.01B
Health Premium	2.01B