A
Providence Health Plan
Rating Date
June 2024
NAIC
Classification
Risk Adjusted
Capital Ratio #1
Risk Adjusted
Capital Ratio #2
Total
Assets
Capital
Health
Premiums
Net
Income
Loading...
Major Rating Factors: Excellent overall capitalization (10.0 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 liquidity (7.8) with ample operational cash flow and liquid investments.
Other Rating Factors: Good overall profitability index (6.3) despite 28.1 million in losses in the current year. Good overall results on stability tests (6.3).
Principal Lines of Business: --
Licensed in: OR, WA
Principal Enrollment Breakdown: --
Other Highlights
Medical Loss Ratio
Medical Expense
Per Member Per Month ($)
883
Provider Compensation ($000)
Capitation Pay
Fee For Service
Contractual Pay
Salary
0
Bonus
Other
Member Physicians
Enrollment
Total Patient Encounters
Physician
Non-Physician
Corporate Info
Group Affiliation
Providence St Joseph Health
Investment Rating
--
Company Address
3601 Southwest Murray Boulevard
Beaverton, OR 97005
Phone Number
(503) 574-7500
NAIC Number
95005
Largest Affiliates
U
Beaverton, OR - Health
Weiss Ratings