C
Health Net of California Inc
Rating Date
September 2025
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: Good capitalization (6.8 on a scale of 0 to 10) based on good current risk-adjusted capital (moderate loss scenario). Weak profitability index (1.9) with 362.8 million in losses in the last two years. Weak overall results on stability tests (2.6) based on a steep decline in capital during 2022.
Other Rating Factors: Excellent liquidity (7.1) 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 ($)
843
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
CNC
Company Address
21281 Burbank Boulevard
Woodland Hills, CA 91367
Phone Number
(800) 522-0088
NAIC Number
--
Largest Affiliates
No affiliate information available.