Major Rating Factors:
Weak profitability index (0.9 on a scale of 0 to 10) with 37.2 million in losses in the last three years. Weak liquidity (0.3) as a spike in claims may stretch capacity. Fair overall results on stability tests (4.8) based on an excessive 163% enrollment growth during the period. Rating is significantly influenced by the strong financial results of Blue Cross Blue Shield of Michigan Mutual Ins Co.
Other Rating Factors:
Excellent capitalization index (7.8) based on good current risk-adjusted capital (severe loss scenario). Excellent quality investment portfolio (8.9) containing small junk bond exposure.
Principal Lines of Business:
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Licensed in:
VT
Principal Enrollment Breakdown:
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Other Highlights
Medical Loss Ratio
Medical Expense
Per Member Per Month ($)
Provider Compensation ($000)
Capitation Pay
Fee For Service
Contractual Pay
Salary
Bonus
Other
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Member Physicians
Enrollment
Total Patient Encounters
Physician
Non-Physician
Corporate Info
Group Affiliation
Blue Cross Blue Shield of Michigan Mutual Ins Co
Investment Rating
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Company Address
445 Industrial Lane
Berlin, VT 05602
Berlin, VT 05602
Phone Number
(802) 505-3449
NAIC Number
16793
Largest Affiliates
