MEDICA INSURANCE COMPANY

Company Details

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:

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
2023 Total Accident & Health 0.56% $82,928,412 $82,928,412 $70,143,169 $61,047,310 73.61%
2023 Total Individual Accident & Health 1.61% $82,928,412 $82,928,412 $70,143,169 $61,047,310 73.61%
2023 Individual Comprehensive Medical Expense 3.89% $82,906,537 $82,906,537 $70,123,289 $61,028,674 73.61%
2023 Individual Medicare Advantage 0% $21,875 $21,875 $19,880 $18,636 85.19%
2022 Total Accident & Health 0.64% $84,668,634 $84,668,634 $102,188,322 $106,133,446 125.35%
2022 Total Individual Accident & Health 1.74% $84,668,634 $84,668,634 $102,188,322 $106,133,446 125.35%
2022 Individual Comprehensive Medical Expense 4.77% $84,655,519 $84,655,519 $102,169,758 $106,112,529 125.35%
2022 Individual Medicare Advantage 0% $13,115 $13,115 $18,564 $20,917 159.49%
2021 Total Accident & Health 0.84% $102,119,615 $101,921,686 $85,468,782 $98,921,045 97.06%
2021 Total Individual Accident & Health 2.26% $102,119,615 $101,921,686 $85,468,782 $98,921,045 97.06%
2021 Individual Comprehensive Medical Expense 5.75% $102,119,615 $101,921,686 $85,468,782 $98,921,045 97.06%

Complaint Index

Link to Consumer Complaint Index Page
Year Line Market Share Number of Complaints Complaint Index
2023 Health 1.25% 76 280
2022 Health 0.82% 64 355
2021 Health 0.57% 39 277

Company Changes

Effective Date:
Comments:

Effective 4/20/2018 this company was admitted as a property and casualty insurer with B4, accident and health authority.

Market Regulation Actions

Date:

Financial Exams

This company does not have any financial exams.