Development 1
Major Rating Factors:
Excellent overall results on stability tests (6.9 on a scale of 0 to 10). Good liquidity (6.8) with sufficient resources (cash flows and marketable investments) to handle a spike in claims. Fair profitability index (3.3) with 1.9 million in losses in the last two years. Return on equity has been low, averaging 4.2% over the last five years.
Other Rating Factors:
Excellent capitalization index (10.0) based on excellent current risk-adjusted capital (severe loss scenario) despite some fluctuation in capital levels. Excellent quality investment portfolio (8.5) containing small junk bond exposure.
Principal Lines of Business:
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Licensed in:
MI
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
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
441 E. Jefferson
Detroit, MI 48226
Detroit, MI 48226
Phone Number
(248) 799-6400
NAIC Number
95610
Website
Largest Affiliates