E
Universal Care Inc
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: Weak profitability index (1.0 on a scale of 0 to 10) with 284.1 million in losses in the last five years. Weak capitalization index (0.0) based on weak current risk-adjusted capital (severe loss scenario). Weak overall results on stability tests (0.0) based on excessive premium growth during 2022.
Other Rating Factors: Weak liquidity (0.0) as a spike in claims may stretch capacity.
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
5455 Garden Grove Boulevard
Westminster, CA 92683
Phone Number
(866) 255-4795
NAIC Number
--
Largest Affiliates
No affiliate information available.