UnitedHealthcare of Utah Inc
Major Rating Factors:
Good overall profitability index (6.5 on a scale of 0 to 10) despite a decline in earnings during 2023. Excellent capitalization (10.0) based on excellent current risk-adjusted capital (severe loss scenario) reflecting improvement over results in 2020. Excellent quality investment portfolio (8.6) containing small junk bond exposure.
Other Rating Factors:
Excellent liquidity (7.5) with ample operational cash flow and liquid investments. Weak overall results on stability tests (0.5) based on a significant -60% decrease in enrollment during the period, a decline in the number of member physicians during 2023 and a steep decline in capital during 2023. Rating is significantly influenced by the strong financial results of UnitedHealth Group Incorporated.
Principal Lines of Business:
--
Licensed in:
ID, UT
Principal Enrollment Breakdown:
--
Other Highlights
Medical Loss Ratio
Medical Expense
Per Member Per Month ($)
Provider Compensation ($000)
Capitation Pay
Fee For Service
Contractual Pay
Salary
Bonus
Other
--
Member Physicians
Enrollment
Total Patient Encounters
Physician
Non-Physician
Corporate Info
Group Affiliation
UnitedHealth Group Incorporated
Investment Rating
Company Address
9800 Health Care Lane
Minnetonka, MN 55343
Minnetonka, MN 55343
Phone Number
(952) 936-1300
NAIC Number
95501
Website
Largest Affiliates