Highmark Western & NErn NY Inc

Buffalo, NY

Rating Date

September 2023

NAIC
Classification

Health

Risk Adjusted
Capital Ratio #1

3.19

Risk Adjusted
Capital Ratio #2

2.66

Total
Assets

1.37B

Capital

599.03M

Health
Premiums

3.10B

Net
Income

-61.45M

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Weiss Ratings	Highmark Western & NErn NY Inc Buffalo, NY	Click to Compare	Click to Compare	Click to Compare
Rating	B
Capitalization Index	9.13
Investment Safety Index	7.78
Liquidity Index	6.64
Profitability Index	2.08
Reserve Adequacy Index	--
Stability Index	5.98

Company Info	Highmark Western & NErn NY Inc Buffalo, NY	Click to Compare	Click to Compare	Click to Compare
Industry	Health
NAIC Number	55204
Phone Number	(716) 887-6900
Website	www.highmarkbcbs.com
Address	257 West Genesee Street Buffalo, NY 14202

Balance Sheet	Highmark Western & NErn NY Inc Buffalo, NY	Click to Compare	Click to Compare	Click to Compare
Total Assets	1.40B

Capital and Reserves	Highmark Western & NErn NY Inc Buffalo, NY	Click to Compare	Click to Compare	Click to Compare
Risk-Adjusted Capital Ratio #1	3.06
Risk-Adjusted Capital Ratio #2	2.55
1-Year Reserve Development	--
2-Year Reserve Development	--
Capital	588.21M
Premium to Surplus	--
Reserves to Surplus	--

Investments	Highmark Western & NErn NY Inc Buffalo, NY	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	Highmark Western & NErn NY Inc Buffalo, NY	Click to Compare	Click to Compare	Click to Compare
Medical Loss Ratio	90.98%
Cash From Underwriting	--
Combined Ratio	--
Expense Ratio	--
Loss Ratio	--
Net Premium Growth	--

Other Medical	Highmark Western & NErn NY Inc Buffalo, NY	Click to Compare	Click to Compare	Click to Compare
Bonus Pay	13.03K
Capitation Pay	330.23K
Contractual Pay	2.43M
Enrollment	423.22K
Fee For Service	0.00
Medical Expense Per Member Per Month	$726.00
Network Physicians	28.84K
Other Pay	--
Salary Pay	0.00
Total Patient Encounters - Physician	3.61M
Total Patient Encounters-Non-Physician	1.54M

Profitability	Highmark Western & NErn NY Inc Buffalo, NY	Click to Compare	Click to Compare	Click to Compare
Net Income	-10.63M
Net Premium	2.45B
Health Premium	2.45B