MVP Health Plan Inc
Major Rating Factors:
Excellent liquidity (6.9 on a scale of 0 to 10) with sufficient resources (cash flows and marketable investments) to handle a spike in claims. Fair profitability index (4.1) with operating losses during 2021. Excellent capitalization index (7.5) based on good current risk-adjusted capital (severe loss scenario) despite some fluctuation in capital levels.
Other Rating Factors:
Excellent quality investment portfolio (7.8) containing small junk bond exposure. Excellent overall results on stability tests (7.2) based on steady enrollment growth, averaging 3% over the past five years, consistent premium and capital growth in the last five years.
Principal Lines of Business:
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Licensed in:
NY, VT
Principal Enrollment Breakdown:
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