Major Rating Factors:
Fair capitalization (2.9 on a scale of 0 to 10) based on good current risk-adjusted capital (severe loss scenario) as results have slipped from the excellent range over the last year. Weak profitability index (0.9) with 751.6 million in losses in the last five years. Good overall results on stability tests (5.4) despite excessive capital growth during 2022. Rating is significantly influenced by the acceptable financial results of Kaiser Foundation Health Plan Inc.
Other Rating Factors:
Good liquidity (5.7) with sufficient resources (cash flows and marketable investments) to handle a spike in claims. Excellent quality investment portfolio (7.7) containing small junk bond exposure.
Principal Lines of Business:
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Licensed in:
GA
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
Kaiser Foundation Health Plan Inc
Investment Rating
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Company Address
9 Piedmont Center
Atlanta, GA 30305
Atlanta, GA 30305
Phone Number
(404) 364-7000
NAIC Number
96237
Largest Affiliates