B
Health New England Inc
Rating Date
April 2025
NAIC
Classification
Risk Adjusted
Capital Ratio #1
Risk Adjusted
Capital Ratio #2
Total
Assets
Capital
Health
Premiums
Net
Income
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Major Rating Factors: Good overall capitalization (6.2 on a scale of 0 to 10) based on fair current risk-adjusted capital (severe loss scenario). However, capital levels have fluctuated during prior years. Good overall results on stability tests (5.6) based on steady enrollment growth, averaging 5% over the past five years. Good liquidity (6.7) with sufficient resources (cash flows and marketable investments) to handle a spike in claims.
Other Rating Factors: Excellent quality investment portfolio (9.4) containing small junk bond exposure. Fair profitability index (2.9) with operating losses during 2021.
Principal Lines of Business: --
Licensed in: MA
Principal Enrollment Breakdown: --
Other Highlights
Medical Loss Ratio
Medical Expense
Per Member Per Month ($)
Provider Compensation ($000)
Capitation Pay
Fee For Service
Contractual Pay
Salary
0
Bonus
Other
--
Member Physicians
Enrollment
Total Patient Encounters
Physician
Non-Physician
Corporate Info
Group Affiliation
Baystate Health Inc
Investment Rating
--
Company Address
One Monarch Place
Springfield, MA 01144
Phone Number
(413) 787-4000
NAIC Number
95673
Largest Affiliates
C
Springfield, MA - Health
U
Springfield, MA - Health