Major Rating Factors:
Good overall results on stability tests (5.4 on a scale of 0 to 10). Rating is significantly influenced by the strong financial results of Health Care Service Corporation a Mutual Legal Reserve Co. Good liquidity (6.2) with sufficient resources (cash flows and marketable investments) to handle a spike in claims. Excellent capitalization index (10.0) based on good current risk-adjusted capital (severe loss scenario) despite some fluctuation in capital levels.
Other Rating Factors:
Excellent quality investment portfolio (9.9) containing small junk bond exposure. Weak profitability index (0.9) with 32.6 million in losses in the last four years. Average return on equity over the last five years has been poor at -40.5%.
Principal Lines of Business:
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Licensed in:
AR, CO, IL, IN, KS, NM, OK, TX
Principal Enrollment Breakdown:
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Other Highlights
Medical Loss Ratio
Medical Expense
Per Member Per Month ($)
Provider Compensation ($000)
Capitation Pay
Fee For Service
Contractual Pay
Salary
Bonus
Other
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Member Physicians
Enrollment
Total Patient Encounters
Physician
Non-Physician
Corporate Info
Group Affiliation
Health Care Service Corporation a Mutual Legal Reserve Co
Investment Rating
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Company Address
300 East Randolph Street
Chicago, IL 60601
Chicago, IL 60601
Phone Number
(312) 653-6000
NAIC Number
29718
Website
Largest Affiliates
