Major Rating Factors:
Weak profitability index (0.9 on a scale of 0 to 10) with operating losses during 2021, 2022 and 2023. Average return on equity over the last five years has been poor at -17.4%. Fair overall results on stability tests (3.8) based on fair risk diversification due to the company's size. Excellent liquidity (6.9) with sufficient resources (cash flows and marketable investments) to handle a spike in claims.
Other Rating Factors:
Excellent capitalization (7.2) based on excellent current risk-adjusted capital (severe loss scenario) reflecting significant improvement over results in 2021. Excellent quality investment portfolio (9.3) containing no exposure to mortgages, junk bonds, or unaffiliated stocks.
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.