Major Rating Factors:
Excellent overall capitalization (8.6 on a scale of 0 to 10) based on excellent current risk-adjusted capital (severe loss scenario). Moreover, capital levels have been consistent in recent years. Excellent overall results on stability tests (7.0) based on consistent premium and capital growth in the last five years but rapid enrollment growth during the past five years. Rating is significantly influenced by the strong financial results of Health Care Service Corporation. Excellent liquidity (7.2) with ample operational cash flow and liquid investments.
Other Rating Factors:
Weak profitability index (0.9) with 21.6 million in losses in the last five years. Average return on equity has been poor at -36.8%. Weak quality investment portfolio (1.8).
Principal Lines of Business:
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Licensed in:
CO, KY, NM, OH
Principal Enrollment Breakdown:
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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
Health Care Service Corporation
Investment Rating
--
Company Address
300 East Randolph Street
Chicago, IL 60601
Chicago, IL 60601
Phone Number
(312) 653-6000
NAIC Number
95604
Website
Largest Affiliates