B
UnitedHealthcare of Texas Inc
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: Fair profitability index (4.3 on a scale of 0 to 10) with 25.6 million in losses in the current year. Fair quality investment portfolio (3.5) containing no exposure to mortgages, junk bonds, or unaffiliated stocks. Fair overall results on stability tests (4.5) based on rapid enrollment growth during the past five years. Rating is significantly influenced by the strong financial results of UnitedHealth Group Incorporated.
Other Rating Factors: Excellent capitalization (9.2) based on good current risk-adjusted capital (severe loss scenario). However, capital levels have fluctuated somewhat during past years. Excellent liquidity (7.1) with ample operational cash flow and liquid investments.
Principal Lines of Business: --
Licensed in: TX
Principal Enrollment Breakdown: --
Other Highlights
Medical Loss Ratio
Medical Expense
Per Member Per Month ($)
207
Provider Compensation ($000)
Capitation Pay
120
Fee For Service
Contractual Pay
Salary
0
Bonus
Other
--
Member Physicians
Enrollment
Total Patient Encounters
Physician
Non-Physician
Corporate Info
Group Affiliation
UnitedHealth Group Incorporated
Investment Rating
UNH
Company Address
9800 Health Care Lane
Minnetonka, MN 55343
Phone Number
(469) 633-8512
NAIC Number
95765
Largest Affiliates
A
Minnetonka, MN - Health
A
Las Vegas, NV - Health
B
Milwaukee, WI - Health
B
Minnetonka, MN - Health
B
Minnetonka, MN - Health
Weiss Ratings