Health Net of California Inc
Major Rating Factors:
Good capitalization (6.1 on a scale of 0 to 10) based on fair current risk-adjusted capital (moderate loss scenario) reflecting improvement over results in 2022. Fair overall results on stability tests (4.7) based on inconsistent enrollment growth in the past five years due to declines in 2021 and 2022, excessive capital growth during 2023. Weak profitability index (1.5) with operating losses during 2021 and 2022.
Other Rating Factors:
Excellent liquidity (7.1) with ample operational cash flow and liquid investments.
Principal Lines of Business:
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Licensed in:
CA
Principal Enrollment Breakdown:
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Other Highlights
Medical Loss Ratio
Medical Expense
Per Member Per Month ($)
Provider Compensation ($000)
Capitation Pay
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Fee For Service
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Contractual Pay
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Salary
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Bonus
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Other
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Member Physicians
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Enrollment
Total Patient Encounters
Physician
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Non-Physician
Corporate Info
Group Affiliation
None
Investment Rating
Company Address
21281 Burbank Boulevard
Woodland Hills, CA 91367
Woodland Hills, CA 91367
Phone Number
(800) 522-0088
NAIC Number
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Largest Affiliates
No affiliate information available.