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:
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Licensed in:
OR, WA
Principal Enrollment Breakdown:
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