Quarterly Reports
MCHA has retained an independent actuarial consultant firm to collect data, calculate the reinsurance payments to the carriers participating in the program, and provide summary reports to MCHA regarding the Premium Security Plan. These reports are provided quarterly, with a final report on each benefit year becoming available in August of the following year.
MCHA has also retained a CPA and consulting firm to produce the financial statements of MCHA. These reports contain the statement of net position, and the related statements of revenues, expense, and changes in net position and cash flows. These reports have been provided to management on a quarterly basis, with a final calendar year report becoming available to the public in August of the following year. As of second quarter 2019, these reports are now provided to the public quarterly.
Reinsurance and Financial Reports
2023 Reports
- 2nd Quarter 2023 Reinsurance Results of the MPSP as of 090623
- 2nd Quarter 2023 MCHA Financial Statement as of 091523
- 1st Quarter 2023 Reinsurance Results of the MPSP as of 062323
- 1st Quarter 2023 Financial Statement Final 06.26.23
2022 Reports
- Final Benefit Year 2022 Reinsurance Results of the MPSP as of 062323
- MCHA 2022 Final Audited Financial Statements 062323
- MCHA 2022 Final Governance Letter 062323
- Initial 2022 Reinsurance Results of the MPSP as of 021023
- 4th Quarter 2022 Financial Statement Final 6-26-23
- 3rd Quarter 2022 Reinsurance Results of the MPSP as of 120122
- 3rd Quarter 2022 MCHA Financial Statement Final as of 122022
- 2nd Quarter 2022 Reinsurance Results of the MPSP as of 101322
- 2nd Quarter 2022 MCHA Financial Statement as of 101522
- 1st Quarter 2022 Reinsurance Results of the MPSP as of 060922
- 1st Quarter 2022 MCHA Financial Statement as of 070622
2021 Reports
- 1st Quarter 2021 Reinsurance Results of the MPSP as of 062421
- 1st Quarter 2021 MCHA Financial Statement Final as of 062421
- 2nd Quarter 2021 Reinsurance Results of the MPSP as of 20210913
- 2nd Quarter 2021 MCHA Financial Statement Final as of 091621
- 3rd Quarter 2021 Reinsurance Results of the MPSP as of 120621
- 3rd Quarter 2021 MCHA Financial Statement Final as of 010722
- Initial 2021 Benefit Year Reinsurance Estimates of the MPSP as of 020722
- 4th Quarter 2021 MCHA Financial Statement Final as of 070622
- Benefit Year 2021 MPSP Reinsurance Report Final as of 062822
- MCHA – 2021 AU-C 260 Communication 062922
- MCHA – 2021 Audit Final Financial Statements
- MCHA – 2021 Final Single Audit Report
2020 Reports
- MCHA – 2020 Issued Single Audit Report 042922
- MCHA – Audited 2020 Financial Statements 062421
- MCHA – 2020 AU-C 260 Communication 062421
- Benefit Year 2020 Final MPSP Reinsurance Report as of 062421
- Initial 2020 Benefit Year Reinsurance Estimates of the MPSP as of 020821
- 3rd Quarter 2020 Reinsurance Results of the MPSP as of 120520
- 3rd Quarter 2020 MCHA Financial Statement as of 122220
- 2nd Quarter 2020 Reinsurance Results of the MPSP as of 090220
- 2nd Quarter 2020 MCHA Financial Statement as of 091820
- 1st Quarter 2020 Reinsurance Results of the MPSP as of 062920
- 1st Quarter 2020 MCHA Financial Statement as of 061520
2019 Reports
- Final Benefit Year 2019 MSPS Report as of 062920
- Final 2019 Audited Financial Statements as of 070920
- Initial 2019 Benefit Year Reinsurance Estimates of the MPSP as of 022120
- 3rd Qtr 2019 Reinsurance Results of the MPSP as of 121019
- 3rd Qtr 2019 Financial Stmt and Supp Schedules as of 122619
- 2nd Qtr 2019 Reinsurance Results of the MPSP as of 101019
- 2nd Qtr 2019 Financial Stmt and Supp Schedule as of 122619
- 1st Quarter 2019 Results for MPSP as of Oct 2019
2018 Reports
- 1st Quarter 2018 Results for MPSP
- 2nd Quarter 2018 Results for MPSP
- 3rd Quarter 2018 Results for MPSP
- Initial 2018 Benefit Year Reinsurance Estimate under Minnesota’s Premium Security Plan
- Final 2018 Benefit Year Reinsurance under Minnesota’s Premium Security Plan
- MCHA – 2018 Audited Financial Statements
- MCHA – 2018 Eide Bailly AU-C 260 Communication
Annual Report:
MCHA makes available an annual report summarizing the plan operations for each benefit year the MPSP operates by November 1 or within 60 calendar days following the final disbursement of reinsurance payments for the benefit year whichever is later.