Development
B
Wellpoint Maryland Inc
Norfolk,  VA
Rating Date
September 2023
NAIC
Classification
Health
Risk Adjusted
Capital Ratio #1
2.70
Risk Adjusted
Capital Ratio #2
2.25
Total
Assets
784.33M
Capital
278.42M
Health
Premiums
684.13M
Net
Income
27.70M
My Lists My Alerts
Weiss Ratings Wellpoint Maryland Inc
Norfolk, VA 		Click to
Compare		 Click to
Compare		 Click to
Compare
Rating B
Capitalization Index 7.91
Investment Safety Index 3.63
Liquidity Index 7.05
Profitability Index 8.73
Reserve Adequacy Index --
Stability Index 5.73
Company Info Wellpoint Maryland Inc
Norfolk, VA 		Click to
Compare		 Click to
Compare		 Click to
Compare
Industry Health
NAIC Number 95832
Phone Number (757) 490-6900
Website www.elevancehealth.com
Address 5800 Northampton Boulevard Norfolk, VA 23502
Balance Sheet Wellpoint Maryland Inc
Norfolk, VA 		Click to
Compare		 Click to
Compare		 Click to
Compare
Total Assets 640.56M
Capital and Reserves Wellpoint Maryland Inc
Norfolk, VA 		Click to
Compare		 Click to
Compare		 Click to
Compare
Risk-Adjusted Capital Ratio #1 2.09
Risk-Adjusted Capital Ratio #2 1.74
1-Year Reserve Development --
2-Year Reserve Development --
Capital 190.50M
Premium to Surplus --
Reserves to Surplus --
Investments Wellpoint Maryland Inc
Norfolk, VA 		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 Wellpoint Maryland Inc
Norfolk, VA 		Click to
Compare		 Click to
Compare		 Click to
Compare
Medical Loss Ratio 80.62%
Cash From Underwriting --
Combined Ratio --
Expense Ratio --
Loss Ratio --
Net Premium Growth --
Other Medical Wellpoint Maryland Inc
Norfolk, VA 		Click to
Compare		 Click to
Compare		 Click to
Compare
Bonus Pay 514.03K
Capitation Pay 16.50K
Contractual Pay 356.34K
Enrollment 330.39K
Fee For Service 172.34K
Medical Expense Per Member Per Month $363.00
Network Physicians 27.10K
Other Pay --
Salary Pay 0.00
Total Patient Encounters - Physician 1.39M
Total Patient Encounters-Non-Physician 1.37M
Profitability Wellpoint Maryland Inc
Norfolk, VA 		Click to
Compare		 Click to
Compare		 Click to
Compare
Net Income 87.46M
Net Premium 1.06B
Health Premium 1.06B