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Company Details
HEALTHY ALLIANCE LIFE INSURANCE COMPANY License Status :
Active
NAIC Number :
78972
Phone Number:
8004906217
Company Address:
220 Virginia Avenue Attn: Mark Neyland
Indianapolis, IN 46204
Description:
Life and Health
License Number:
A423282
Date Admitted:
1993-11-22
Market Share
Link to Supplemental Data Page
| Year | Line | Market Share | Direct Premium Written | Direct Premium Earned | Direct Losses Paid | Direct Losses Incurred | Loss Ratio |
|---|---|---|---|---|---|---|---|
| 2021 | Total Accident & Health | 2.43% | $1,797,019,744 | $1,822,339,538 | $1,563,598,525 | $1,566,602,207 | 85.97 % |
| 2021 | Total Individual Accident & Health | 1.91% | $423,502,032 | $440,108,326 | $325,273,760 | $326,069,212 | 74.09 % |
| 2021 | Individual Comprehensive Medical Expense | 4.49% | $315,816,351 | $332,418,496 | $251,816,732 | $252,806,265 | 76.05 % |
| 2021 | Individual Medicare Supplement | 3.35% | $102,337,864 | $102,339,890 | $70,385,370 | $69,823,576 | 68.23 % |
| 2021 | Individual Long Term Care | 0.01% | $25,701 | $27,824 | $182,925 | $552,018 | N/A |
| 2021 | Individual Dental | 1.83% | $4,857,500 | $4,857,500 | $2,707,238 | $2,703,233 | 55.65 % |
| 2021 | Individual Limited Benefit | 0.16% | $464,616 | $464,616 | $181,495 | $184,120 | 39.63 % |
| 2021 | Total Group Accident & Health | 2.66% | $1,373,517,712 | $1,382,231,212 | $1,238,324,765 | $1,240,532,995 | 89.75 % |
| 2021 | Group Comprehensive Medical Expense - Small Employer | 2.61% | $229,547,725 | $225,876,433 | $166,203,327 | $159,793,636 | 70.74 % |
| 2021 | Group Comprehensive Medical Expense - Large Employer | 2.95% | $597,253,338 | $595,881,930 | $484,453,830 | $479,854,733 | 80.53 % |
| 2021 | Group Comprehensive Medical Expense - Association | 0.19% | $395,684 | $389,356 | $286,494 | $275,445 | 70.74 % |
| 2021 | Group Comprehensive Medical Expense - Federal Employees | 5.13% | $451,090,142 | $464,852,670 | $429,933,964 | $438,918,029 | 94.42 % |
| 2021 | Group Accident Only | 0.11% | $384,288 | $384,288 | $35,320 | $87,491 | 22.77 % |
| 2021 | Group Disability Income | 0.00% | $0 | $0 | $58,199 | $14,412 | N/A |
| 2021 | Group Dental | 1.66% | $23,706,839 | $23,706,839 | $17,917,053 | $17,998,256 | 75.92 % |
| 2021 | Group Limited Benefit | 0.90% | $7,930,128 | $7,930,128 | $5,218,710 | $5,465,267 | 68.92 % |
| 2021 | Group Stop Loss | 1.80% | $63,209,568 | $63,209,568 | $134,217,868 | $138,125,726 | N/A |
| 2020 | Total Accident & Health | 2.52% | $1,902,786,066 | $1,901,432,217 | $1,596,530,812 | $1,602,474,220 | 84.28 % |
| 2020 | Total Individual Accident & Health | 2.06% | $484,239,889 | $486,314,655 | $344,904,298 | $352,638,551 | 72.51 % |
| 2020 | Individual Comprehensive Medical Expense | 5.20% | $385,478,087 | $387,585,918 | $279,483,914 | $286,420,501 | 73.90 % |
| 2020 | Individual Medicare Supplement | 3.14% | $93,938,447 | $93,903,274 | $62,868,758 | $63,918,738 | 68.07 % |
| 2020 | Individual Long Term Care | 0.01% | $31,608 | $33,716 | $232,998 | $-50,324 | -149.26 % |
| 2020 | Individual Dental | 1.96% | $4,393,301 | $4,393,301 | $2,185,458 | $2,215,098 | 50.42 % |
| 2020 | Individual Limited Benefit | 0.17% | $398,446 | $398,446 | $133,170 | $134,538 | 33.77 % |
| 2020 | Total Group Accident & Health | 2.73% | $1,418,546,177 | $1,415,117,562 | $1,251,626,514 | $1,249,835,669 | 88.32 % |
| 2020 | Group Comprehensive Medical Expense - Small Employer | 2.85% | $253,937,580 | $254,697,233 | $192,809,029 | $188,482,007 | 74.00 % |
| 2020 | Group Comprehensive Medical Expense - Large Employer | 2.86% | $616,323,654 | $608,984,121 | $518,438,665 | $502,757,784 | 82.56 % |
| 2020 | Group Comprehensive Medical Expense - Association | 0.25% | $566,700 | $568,395 | $430,282 | $420,626 | 74.00 % |
| 2020 | Group Comprehensive Medical Expense - Federal Employees | 5.25% | $457,554,309 | $460,703,879 | $414,192,828 | $424,935,373 | 92.24 % |
| 2020 | Group Accident Only | 0.08% | $270,109 | $270,109 | $4,425 | $86,811 | 32.14 % |
| 2020 | Group Disability Income | 0.00% | $0 | $0 | $52,841 | $6,802 | N/A |
| 2020 | Group Dental | 1.54% | $21,180,685 | $21,180,685 | $13,704,747 | $13,946,403 | 65.84 % |
| 2020 | Group Limited Benefit | 0.89% | $6,804,076 | $6,804,076 | $4,096,234 | $4,185,463 | 61.51 % |
| 2020 | Group Stop Loss | 1.97% | $61,909,064 | $61,909,064 | $107,897,463 | $115,014,400 | N/A |
Enforcements
The department has not taken enforcement action against this company in the past three years.
Complaint Index
| Year | Line | Market Share | Number of Complaints | Complaint Index |
|---|---|---|---|---|
| 2021 | Health | 15.58% | 519 | 115 |
| 2021 | Long-Term Care Insurance | 0.01% | 0 | 0 |
| 2021 | Medicare Supplement Insurance | 11.56% | 11 | 114 |
| 2020 | Health | 17.31% | 711 | 120 |
| 2020 | Long-Term Care Insurance | 0.01% | 0 | 0 |
| 2020 | Medicare Supplement Insurance | 11.21% | 16 | 133 |
Company Changes
Market Conduct
Date: 11/16/2012
Date: 08/01/2014
Date: 08/01/2014
Date: 08/09/2021
Date: 07/29/2022
Date: 07/29/2022
Date: 09/13/2022
Financial Exams
Date: 05/04/2017