Bright Health Co of Arizona

Minneapolis, MN

Rating Date

September 2023

NAIC
Classification

Health

Risk Adjusted
Capital Ratio #1

2.09

Risk Adjusted
Capital Ratio #2

1.75

Total
Assets

91.26M

Capital

27.60M

Health
Premiums

111.41M

Net
Income

11.22M

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Weiss Ratings	Bright Health Co of Arizona Minneapolis, MN	Click to Compare	Click to Compare	Click to Compare
Rating	E
Capitalization Index	8.71
Investment Safety Index	9.67
Liquidity Index	7.27
Profitability Index	0.84
Reserve Adequacy Index	--
Stability Index	2.74

Company Info	Bright Health Co of Arizona Minneapolis, MN	Click to Compare	Click to Compare	Click to Compare
Industry	Health
NAIC Number	16122
Phone Number	(612) 238-1321
Website	www.brighthealthcare.com
Address	8000 Norman Center Drive Minneapolis, MN 55437

Balance Sheet	Bright Health Co of Arizona Minneapolis, MN	Click to Compare	Click to Compare	Click to Compare
Total Assets	86.27M

Capital and Reserves	Bright Health Co of Arizona Minneapolis, MN	Click to Compare	Click to Compare	Click to Compare
Risk-Adjusted Capital Ratio #1	2.72
Risk-Adjusted Capital Ratio #2	2.27
1-Year Reserve Development	--
2-Year Reserve Development	--
Capital	23.34M
Premium to Surplus	--
Reserves to Surplus	--

Investments	Bright Health Co of Arizona Minneapolis, MN	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	Bright Health Co of Arizona Minneapolis, MN	Click to Compare	Click to Compare	Click to Compare
Medical Loss Ratio	84.34%
Cash From Underwriting	--
Combined Ratio	--
Expense Ratio	--
Loss Ratio	--
Net Premium Growth	--

Other Medical	Bright Health Co of Arizona Minneapolis, MN	Click to Compare	Click to Compare	Click to Compare
Bonus Pay	64.48K
Capitation Pay	535.00
Contractual Pay	0.00
Enrollment	31.96K
Fee For Service	0.00
Medical Expense Per Member Per Month	$208.00
Network Physicians	31.15K
Other Pay	--
Salary Pay	0.00
Total Patient Encounters - Physician	50.28K
Total Patient Encounters-Non-Physician	39.70K

Profitability	Bright Health Co of Arizona Minneapolis, MN	Click to Compare	Click to Compare	Click to Compare
Net Income	8.99M
Net Premium	82.20M
Health Premium	82.20M