Development
E
Bright Hlth Co of SC Inc
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 2021. Good quality investment portfolio (4.9). Excellent capitalization index (8.4) based on excellent current risk-adjusted capital (severe loss scenario). However, risk-adjusted capital has reached as low as the weak level during recent years.
Other Rating Factors: Excellent liquidity (7.7) with ample operational cash flow and liquid investments.
Principal Lines of Business: --
Licensed in: SC
Principal Enrollment Breakdown: --
Other Highlights
Medical Loss Ratio
Medical Expense
Per Member Per Month ($)
Provider Compensation ($000)
Capitation Pay
148
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
16544
Largest Affiliates
E
Minneapolis, MN - Health
E
Minneapolis, MN - Health
E
Minneapolis, MN - Health
E
Minneapolis, MN - Health
E
Minneapolis, MN - Health