Development
E
Bright Health Co of Arizona
Rating Date
September 2023
NAIC
Classification
Risk Adjusted
Capital Ratio #1
Risk Adjusted
Capital Ratio #2
Total
Assets
Capital
Health
Premiums
Net
Income
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Major Rating Factors: Weak profitability index (0.9 on a scale of 0 to 10) with operating losses during 2018, 2019, 2020 and 2021. Average return on equity over the last five years has been poor at -97.5%. Excellent overall capitalization (7.6) based on excellent current risk-adjusted capital (severe loss scenario) despite some fluctuation in capital levels. Excellent quality investment portfolio (9.9) containing small junk bond exposure.
Other Rating Factors: Excellent liquidity (7.3) with ample operational cash flow and liquid investments.
Principal Lines of Business: --
Licensed in: AZ
Principal Enrollment Breakdown: --
Other Highlights
Medical Loss Ratio
Medical Expense
Per Member Per Month ($)
--
Provider Compensation ($000)
Capitation Pay
Fee For Service
0
Contractual Pay
0
Salary
0
Bonus
Other
--
Member Physicians
Enrollment
0
Total Patient Encounters
Physician
Non-Physician
Corporate Info
Group Affiliation
NeueHealth Inc
Investment Rating
Company Address
8000 Norman Center Drive
Minneapolis, MN 55437
Phone Number
(612) 238-1321
NAIC Number
16122
Largest Affiliates
E
Minneapolis, MN - Health
E
Minneapolis, MN - Health
E
Minneapolis, MN - Health
E
Minneapolis, MN - Health
E
Minneapolis, MN - Health