Gateway Health Plan Inc
Major Rating Factors:
Fair overall results on stability tests (3.1 on a scale of 0 to 10). Rating is significantly influenced by the strong financial results of Highmark Health. Good profitability index (5.0) due to a decline in earnings during 2021. Good quality investment portfolio (5.3) containing junk bond exposure equal to 72.4% of capital.
Other Rating Factors:
Good liquidity (6.7) with sufficient resources (cash flows and marketable investments) to handle a spike in claims. Excellent overall capitalization (8.0) based on good current risk-adjusted capital (severe loss scenario) despite some fluctuation in capital levels.
Principal Lines of Business:
--
Licensed in:
PA
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
Four Gateway Center
Pittsburgh, PA 15222
Pittsburgh, PA 15222
Phone Number
(412) 544-7000
NAIC Number
96938
Largest Affiliates
