Local Development
B
Highmark BCBSD Inc
Rating Date
September 2023
NAIC
Classification
Health
Risk Adjusted
Capital Ratio #1
7.70
Risk Adjusted
Capital Ratio #2
6.42
Total
Assets
772.45M
Capital
443.99M
Health
Premiums
883.35M
Net
Income
24.23M
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Weiss Ratings Highmark BCBSD Inc
Wilmington, DE 		Click to
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Rating B
Capitalization Index 10.00
Investment Safety Index 6.43
Liquidity Index 6.84
Profitability Index 7.85
Reserve Adequacy Index --
Stability Index 6.01
Company Info Highmark BCBSD Inc
Wilmington, DE 		Click to
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Industry Health
NAIC Number 53287
Phone Number (302) 421-3000
Website www.highmarkbcbsde.com
Address 800 Delaware Avenue Wilmington, DE 19801
Balance Sheet Highmark BCBSD Inc
Wilmington, DE 		Click to
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Total Assets 708.87M
Capital and Reserves Highmark BCBSD Inc
Wilmington, DE 		Click to
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Risk-Adjusted Capital Ratio #1 7.77
Risk-Adjusted Capital Ratio #2 6.48
1-Year Reserve Development --
2-Year Reserve Development --
Capital 407.44M
Premium to Surplus --
Reserves to Surplus --
Investments Highmark BCBSD Inc
Wilmington, DE 		Click to
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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 Highmark BCBSD Inc
Wilmington, DE 		Click to
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Medical Loss Ratio 83.04%
Cash From Underwriting --
Combined Ratio --
Expense Ratio --
Loss Ratio --
Net Premium Growth --
Other Medical Highmark BCBSD Inc
Wilmington, DE 		Click to
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Bonus Pay 2.01K
Capitation Pay 865.00
Contractual Pay 652.46K
Enrollment 115.39K
Fee For Service 19.26K
Medical Expense Per Member Per Month $614.00
Network Physicians 34.41K
Other Pay --
Salary Pay 0.00
Total Patient Encounters - Physician 752.47K
Total Patient Encounters-Non-Physician 737.78K
Profitability Highmark BCBSD Inc
Wilmington, DE 		Click to
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Net Income 16.95M
Net Premium 658.42M
Health Premium 658.42M
Weiss Ratings