Priority Health
Major Rating Factors:
Excellent overall capitalization (9.7 on a scale of 0 to 10) based on good current risk-adjusted capital (severe loss scenario). Furthermore, this high level of risk-adjusted capital has been consistently maintained in previous years. Excellent quality investment portfolio (8.0) containing small junk bond exposure. Excellent overall results on stability tests (8.7) based on consistent premium and capital growth in the last five years.
Other Rating Factors:
Excellent overall profitability index (6.9) despite 4.0 million in losses in the current year. Excellent liquidity (6.9) with sufficient resources (cash flows and marketable investments) to handle a spike in claims.
Principal Lines of Business:
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Licensed in:
MI
Principal Enrollment Breakdown:
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