B
Kaiser Fndtn Hlth Plan of NW
Rating Date
September 2023
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: Good overall profitability index (6.7 on a scale of 0 to 10) despite a decline in earnings during 2021. Good overall results on stability tests (6.4) despite excessive capital growth during 2021. Rating is influenced by the acceptable financial results of Kaiser Foundation Health Plan Inc. Excellent liquidity (6.9) with sufficient resources (cash flows and marketable investments) to handle a spike in claims.
Other Rating Factors: Excellent overall capitalization (10.0) based on good current risk-adjusted capital (severe loss scenario) despite some fluctuation in capital levels. Excellent quality investment portfolio (8.5) containing small junk bond exposure.
Principal Lines of Business: --
Licensed in: OR, WA
Principal Enrollment Breakdown: --
Other Highlights
Medical Loss Ratio
Medical Expense
Per Member Per Month ($)
854
Provider Compensation ($000)
Capitation Pay
Fee For Service
Contractual Pay
Salary
Bonus
0
Other
Member Physicians
Enrollment
Total Patient Encounters
Physician
Non-Physician
Corporate Info
Group Affiliation
Kaiser Foundation Health Plan Inc
Investment Rating
--
Company Address
500 Northeast Multnomah Street
Portland, OR 97232
Phone Number
(503) 813-3094
NAIC Number
95540
Largest Affiliates
C
Rockville, MD - Health
D
Renton, WA - Health
B
Denver, CO - Health
C
Honolulu, HI - Health
C
Atlanta, GA - Health
Weiss Ratings