Development
B
Wellmark of South Dakota Inc
Rating Date
September 2023
NAIC
Classification
Health
Risk Adjusted
Capital Ratio #1
4.97
Risk Adjusted
Capital Ratio #2
4.14
Total
Assets
582.78M
Capital
358.37M
Health
Premiums
466.39M
Net
Income
38.00M
My Lists My Alerts
Weiss Ratings Wellmark of South Dakota Inc
Sioux Falls, SD 		Click to
Compare		 Click to
Compare		 Click to
Compare
Rating B
Capitalization Index 10.00
Investment Safety Index 3.67
Liquidity Index 6.83
Profitability Index 7.29
Reserve Adequacy Index --
Stability Index 6.85
Company Info Wellmark of South Dakota Inc
Sioux Falls, SD 		Click to
Compare		 Click to
Compare		 Click to
Compare
Industry Health
NAIC Number 60128
Phone Number (605) 373-7200
Website www.wellmark.com
Address 1601 West Madison Street Sioux Falls, SD 57104
Balance Sheet Wellmark of South Dakota Inc
Sioux Falls, SD 		Click to
Compare		 Click to
Compare		 Click to
Compare
Total Assets 545.49M
Capital and Reserves Wellmark of South Dakota Inc
Sioux Falls, SD 		Click to
Compare		 Click to
Compare		 Click to
Compare
Risk-Adjusted Capital Ratio #1 4.65
Risk-Adjusted Capital Ratio #2 3.88
1-Year Reserve Development --
2-Year Reserve Development --
Capital 306.60M
Premium to Surplus --
Reserves to Surplus --
Investments Wellmark of South Dakota Inc
Sioux Falls, SD 		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 Wellmark of South Dakota Inc
Sioux Falls, SD 		Click to
Compare		 Click to
Compare		 Click to
Compare
Medical Loss Ratio 85.50%
Cash From Underwriting --
Combined Ratio --
Expense Ratio --
Loss Ratio --
Net Premium Growth --
Other Medical Wellmark of South Dakota Inc
Sioux Falls, SD 		Click to
Compare		 Click to
Compare		 Click to
Compare
Bonus Pay 0.00
Capitation Pay 0.00
Contractual Pay 572.68K
Enrollment 154.83K
Fee For Service 108.27K
Medical Expense Per Member Per Month $478.00
Network Physicians 3.06K
Other Pay --
Salary Pay 0.00
Total Patient Encounters - Physician 787.71K
Total Patient Encounters-Non-Physician 591.50K
Profitability Wellmark of South Dakota Inc
Sioux Falls, SD 		Click to
Compare		 Click to
Compare		 Click to
Compare
Net Income 28.62M
Net Premium 614.71M
Health Premium 614.52M