Major Rating Factors:
Good overall profitability index (6.6 on a scale of 0 to 10) despite operating losses during 2020. Good quality investment portfolio (5.3) containing junk bond exposure equal to 72.7% of capital. Fair overall results on stability tests (4.6) in spite of healthy premium and capital growth during 2023 but rapid enrollment growth during the past five years and a decline in the number of member physicians during 2023. Rating is significantly influenced by the strong financial results of UnitedHealth Group Incorporated.
Other Rating Factors:
Excellent capitalization (10.0) based on excellent current risk-adjusted capital (severe loss scenario) reflecting improvement over results in 2020. Excellent liquidity (7.3) with ample operational cash flow and liquid investments.
Principal Lines of Business:
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Licensed in:
DE, IL, MN
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
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Member Physicians
Enrollment
Total Patient Encounters
Physician
Non-Physician
Corporate Info
Group Affiliation
UnitedHealth Group Incorporated
Investment Rating
Company Address
200 West Madison
Chicago, IL 60606
Chicago, IL 60606
Phone Number
(312) 803-5900
NAIC Number
95776
Website
Largest Affiliates