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Company Details
MEDICA INSURANCE COMPANY License Status :
Active
NAIC Number :
12459
Phone Number:
9529923588
Company Address:
401 Carlson Parkway Number CP250
Minnetonka, MN 55305
Description:
Property and Casualty
License Number:
B431725
Date Admitted:
2018-04-20
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 |
|---|---|---|---|---|---|---|---|
| 2022 | Total Accident & Health | 0.13% | $84,668,634 | $84,668,634 | $102,188,322 | $106,133,446 | N/A |
| 2022 | Total Individual Accident & Health | 0.39% | $84,668,634 | $84,668,634 | $102,188,322 | $106,133,446 | N/A |
| 2022 | Individual Comprehensive Medical Expense | 1.15% | $84,655,519 | $84,655,519 | $102,169,758 | $106,112,529 | N/A |
| 2022 | Individual Medicare Advantage | 0.00% | $13,115 | $13,115 | $18,564 | $20,917 | N/A |
| 2021 | Total Accident & Health | 0.13% | $102,119,615 | $101,921,686 | $85,468,782 | $98,921,045 | 97.06 % |
| 2021 | Total Individual Accident & Health | 0.43% | $102,119,615 | $101,921,686 | $85,468,782 | $98,921,045 | 97.06 % |
| 2021 | Individual Comprehensive Medical Expense | 1.21% | $102,119,615 | $101,921,686 | $85,468,782 | $98,921,045 | 97.06 % |
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 |
|---|---|---|---|---|
| 2022 | Health | 0.71% | 64 | 355 |
| 2021 | Health | 0.49% | 39 | 277 |
Company Changes
Effective Date: 04/20/2018
Comments: Effective 4/20/2018 this company was admitted as a property and casualty insurer with B4, accident and health authority.
Market Conduct
Date: 08/30/2023
Financial Exams
This company does not have any financial exams.