Major Rating Factors: Excellent profitability (7.6 on a scale of 0 to 10). Strong capitalization index (10.0) based on excellent current risk-adjusted capital (severe loss scenario). High quality investment portfolio (9.4).
Other Rating Factors: Excellent liquidity (7.9) with ample operational cash flow and liquid investments. Good overall results on stability tests (6.7) despite a decline in enrollment during 2021.
Principal Lines of Business: Comp med (52.7%), Medicare (37.0%), Medicaid (10.3%)
Licensed in: OR, WA
Principal Enrollment Breakdown: PPO (66.3%), PSO (15.6%), HMO (14.9%), other (3.2%)