Highmark West Virginia Inc
Major Rating Factors:
Good quality investment portfolio (6.6 on a scale of 0 to 10) containing significant exposure to junk bonds. Excellent profitability (8.6) despite a decline in earnings during 2021. Excellent overall capitalization (10.0) based on good current risk-adjusted capital (severe loss scenario). Moreover, capital levels have been consistent in recent years.
Other Rating Factors:
Excellent overall results on stability tests (7.7) based on consistent premium and capital growth in the last five years. Rating is significantly influenced by the strong financial results of Highmark Health. Excellent liquidity (7.0) with ample operational cash flow and liquid investments.
Principal Lines of Business:
--
Licensed in:
WV
Principal Enrollment Breakdown:
--
Other Highlights
Medical Loss Ratio
Medical Expense
Per Member Per Month ($)
Provider Compensation ($000)
Capitation Pay
Fee For Service
Contractual Pay
Salary
Bonus
Other
--
Member Physicians
Enrollment
Total Patient Encounters
Physician
Non-Physician
Corporate Info
Group Affiliation
Highmark Health
Investment Rating
--
Company Address
614 Market Street
Parkersburg, WV 26101
Parkersburg, WV 26101
Phone Number
(304) 424-7700
NAIC Number
54828
Website
Largest Affiliates
