Local Development
E
Bright Health Co of NC
Rating Date
September 2023
NAIC
Classification
Health
Risk Adjusted
Capital Ratio #1
1.72
Risk Adjusted
Capital Ratio #2
1.43
Total
Assets
453.63M
Capital
30.25M
Health
Premiums
288.37M
Net
Income
-61.14M
My Lists My Alerts
Report
Weiss Ratings Bright Health Co of NC
Minneapolis, MN 		Click to
Compare		 Click to
Compare		 Click to
Compare
Rating D
Capitalization Index 7.36
Investment Safety Index 9.11
Liquidity Index 5.33
Profitability Index 0.90
Reserve Adequacy Index --
Stability Index 6.61
Company Info Bright Health Co of NC
Minneapolis, MN 		Click to
Compare		 Click to
Compare		 Click to
Compare
Industry Health
NAIC Number 16595
Phone Number (612) 238-1321
Website www.brighthealthcare.com
Address 8000 Norman Center Drive Minneapolis, MN 55437
Balance Sheet Bright Health Co of NC
Minneapolis, MN 		Click to
Compare		 Click to
Compare		 Click to
Compare
Total Assets 389.67M
Capital and Reserves Bright Health Co of NC
Minneapolis, MN 		Click to
Compare		 Click to
Compare		 Click to
Compare
Risk-Adjusted Capital Ratio #1 1.64
Risk-Adjusted Capital Ratio #2 1.37
1-Year Reserve Development --
2-Year Reserve Development --
Capital 77.93M
Premium to Surplus --
Reserves to Surplus --
Investments Bright Health Co of NC
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 NC
Minneapolis, MN 		Click to
Compare		 Click to
Compare		 Click to
Compare
Medical Loss Ratio 101.36%
Cash From Underwriting --
Combined Ratio --
Expense Ratio --
Loss Ratio --
Net Premium Growth --
Other Medical Bright Health Co of NC
Minneapolis, MN 		Click to
Compare		 Click to
Compare		 Click to
Compare
Bonus Pay 381.18K
Capitation Pay 874.00
Contractual Pay 0.00
Enrollment 157.00K
Fee For Service 0.00
Medical Expense Per Member Per Month $337.00
Network Physicians 36.41K
Other Pay --
Salary Pay 0.00
Total Patient Encounters - Physician 365.10K
Total Patient Encounters-Non-Physician 209.99K
Profitability Bright Health Co of NC
Minneapolis, MN 		Click to
Compare		 Click to
Compare		 Click to
Compare
Net Income -1.74M
Net Premium 244.42M
Health Premium 244.42M
Weiss Ratings