B
UnitedHealthcare of OK Inc
TulsaOK
Rating Date
June 2024
NAIC
Classification
Risk Adjusted
Capital Ratio #1
Risk Adjusted
Capital Ratio #2
Total
Assets
Capital
Health
Premiums
Net
Income
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Major Rating Factors: Fair overall results on stability tests (3.5 on a scale of 0 to 10) based on inordinate decline in capital during 2022, a significant -63% decrease in enrollment during the period. Rating is significantly influenced by the strong financial results of UnitedHealth Group Incorporated. Excellent profitability (7.9) despite a decline in earnings during 2022. Excellent overall capitalization (10.0) based on good current risk-adjusted capital (severe loss scenario) despite some fluctuation in capital levels.
Other Rating Factors: Excellent quality investment portfolio (7.4) containing small junk bond exposure. Excellent liquidity (7.0) with ample operational cash flow and liquid investments.
Principal Lines of Business: --
Licensed in: OK
Principal Enrollment Breakdown: --
Other Highlights
Medical Loss Ratio
Medical Expense
Per Member Per Month ($)
444
Provider Compensation ($000)
Capitation Pay
79
Fee For Service
Contractual Pay
Salary
0
Bonus
Other
--
Member Physicians
Enrollment
Total Patient Encounters
Physician
Non-Physician
Corporate Info
Group Affiliation
UnitedHealth Group Incorporated
Investment Rating
UNH
Company Address
4500 South Garnett Road
Tulsa, OK 74146
Phone Number
(512) 347-2600
NAIC Number
96903
Largest Affiliates
A
Minnetonka, MN - Health
A
Las Vegas, NV - Health
B
Minnetonka, MN - Health
B
Milwaukee, WI - Health
B
Minnetonka, MN - Health
Weiss Ratings