Development
B
CareSource Georgia Co
Atlanta,  GA
Rating Date
September 2023
NAIC
Classification
Health
Risk Adjusted
Capital Ratio #1
1.49
Risk Adjusted
Capital Ratio #2
1.24
Total
Assets
697.47M
Capital
273.07M
Health
Premiums
821.27M
Net
Income
69.95M
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Weiss Ratings CareSource Georgia Co
Atlanta, GA 		Click to
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Rating B
Capitalization Index 7.84
Investment Safety Index 9.88
Liquidity Index 7.15
Profitability Index 5.12
Reserve Adequacy Index --
Stability Index 8.01
Company Info CareSource Georgia Co
Atlanta, GA 		Click to
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Industry Health
NAIC Number 15710
Phone Number (678) 214-7500
Website --
Address 600 Galleria Parkway Atlanta, GA 30339
Balance Sheet CareSource Georgia Co
Atlanta, GA 		Click to
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Total Assets 570.97M
Capital and Reserves CareSource Georgia Co
Atlanta, GA 		Click to
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Risk-Adjusted Capital Ratio #1 2.03
Risk-Adjusted Capital Ratio #2 1.69
1-Year Reserve Development --
2-Year Reserve Development --
Capital 230.62M
Premium to Surplus --
Reserves to Surplus --
Investments CareSource Georgia Co
Atlanta, GA 		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 CareSource Georgia Co
Atlanta, GA 		Click to
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Medical Loss Ratio 88.98%
Cash From Underwriting --
Combined Ratio --
Expense Ratio --
Loss Ratio --
Net Premium Growth --
Other Medical CareSource Georgia Co
Atlanta, GA 		Click to
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Bonus Pay 0.00
Capitation Pay 7.31K
Contractual Pay 1.07M
Enrollment 503.74K
Fee For Service 0.00
Medical Expense Per Member Per Month $257.00
Network Physicians 60.83K
Other Pay --
Salary Pay 0.00
Total Patient Encounters - Physician 48.36K
Total Patient Encounters-Non-Physician 3.04M
Profitability CareSource Georgia Co
Atlanta, GA 		Click to
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Net Income 84.34M
Net Premium 1.16B
Health Premium 1.16B