B
Santa Cruz-Monterey-Merced-San
Rating Date
June 2024
NAIC
Classification
Risk Adjusted
Capital Ratio #1
Risk Adjusted
Capital Ratio #2
Total
Assets
Capital
Health
Premiums
Net
Income
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Major Rating Factors: Excellent overall results on stability tests (6.9 on a scale of 0 to 10) based on steady enrollment growth, averaging 5% over the past five years, consistent premium and capital growth in the last five years. Fair profitability index (4.7) due to a decline in earnings during 2022. Excellent overall capitalization (10.0) based on good current risk-adjusted capital (severe loss scenario) despite some fluctuation in capital levels.
Other Rating Factors: Excellent liquidity (7.5) with ample operational cash flow and liquid investments.
Principal Lines of Business: --
Licensed in: CA
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
None
Investment Rating
--
Company Address
1600 Green Hills Road
Scotts Valley, CA 95066
Phone Number
(831) 430-5500
NAIC Number
--
Largest Affiliates
No affiliate information available.