Major Rating Factors:
Good overall profitability index (6.8 on a scale of 0 to 10) despite operating losses during 2018. Good overall results on stability tests (6.5) based on consistent premium and capital growth in the last five years but a decline in the number of member physicians during 2022. Rating is significantly influenced by the strong financial results of UnitedHealth Group Incorporated. Good liquidity (6.8) with sufficient resources (cash flows and marketable investments) to handle a spike in claims.
Other Rating Factors:
Excellent overall capitalization (8.0) based on excellent current risk-adjusted capital (severe loss scenario) despite some fluctuation in capital levels. Excellent quality investment portfolio (9.3) containing small junk bond exposure.
Principal Lines of Business:
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Licensed in:
LA
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
UnitedHealth Group Incorporated
Investment Rating
Company Address
3838 North Causeway Boulevard
Metairie, LA 70002
Metairie, LA 70002
Phone Number
(504) 849-1603
NAIC Number
95833
Website
Largest Affiliates