Development
C
Wellpoint Texas Inc
Norfolk,  VA
Rating Date
September 2023
NAIC
Classification
Health
Risk Adjusted
Capital Ratio #1
1.83
Risk Adjusted
Capital Ratio #2
1.52
Total
Assets
2.36B
Capital
825.06M
Health
Premiums
2.90B
Net
Income
88.94M
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Weiss Ratings Wellpoint Texas Inc
Norfolk, VA 		Click to
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Rating B
Capitalization Index 8.96
Investment Safety Index 4.97
Liquidity Index 6.34
Profitability Index 8.83
Reserve Adequacy Index --
Stability Index 6.22
Company Info Wellpoint Texas Inc
Norfolk, VA 		Click to
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Industry Health
NAIC Number 01875
Phone Number (800) 331-1476
Website www.elevancehealth.com
Address 5800 Northampton Boulevard Norfolk, VA 23502
Balance Sheet Wellpoint Texas Inc
Norfolk, VA 		Click to
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Total Assets 2.53B
Capital and Reserves Wellpoint Texas Inc
Norfolk, VA 		Click to
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Risk-Adjusted Capital Ratio #1 2.93
Risk-Adjusted Capital Ratio #2 2.44
1-Year Reserve Development --
2-Year Reserve Development --
Capital 882.76M
Premium to Surplus --
Reserves to Surplus --
Investments Wellpoint Texas Inc
Norfolk, VA 		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 Wellpoint Texas Inc
Norfolk, VA 		Click to
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Medical Loss Ratio 85.00%
Cash From Underwriting --
Combined Ratio --
Expense Ratio --
Loss Ratio --
Net Premium Growth --
Other Medical Wellpoint Texas Inc
Norfolk, VA 		Click to
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Bonus Pay 1.79M
Capitation Pay 225.90K
Contractual Pay 1.72M
Enrollment 829.94K
Fee For Service 512.13K
Medical Expense Per Member Per Month $572.00
Network Physicians 64.02K
Other Pay --
Salary Pay 0.00
Total Patient Encounters - Physician 3.85M
Total Patient Encounters-Non-Physician 13.38M
Profitability Wellpoint Texas Inc
Norfolk, VA 		Click to
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Net Income 91.08M
Net Premium 4.82B
Health Premium 4.82B