Major Rating Factors:
Weak profitability index (0.7 on a scale of 0 to 10) with operating losses during 2021 and 2022. Average return on equity over the last five years has been poor at -10.7%. Fair overall results on stability tests (3.4) based on weak risk-adjusted capital in prior years, fair risk diversification due to the company's size. Excellent capitalization (7.1) based on excellent current risk-adjusted capital (severe loss scenario) reflecting significant improvement over results in 2021.
Other Rating Factors:
Excellent quality investment portfolio (9.3) containing no exposure to mortgages, junk bonds, or unaffiliated stocks. Excellent liquidity (7.0) with ample operational cash flow and liquid investments.
Principal Lines of Business:
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Licensed in:
IN
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
None
Investment Rating
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Company Address
417 Washington Street
Columbus, IN 47201
Columbus, IN 47201
Phone Number
(812) 378-7000
NAIC Number
95812
Website
Largest Affiliates
No affiliate information available.