A
HMO Louisiana 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: 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 overall results on stability tests (7.9) based on consistent premium and capital growth in the last five years. Excellent liquidity (7.0) with ample operational cash flow and liquid investments.
Other Rating Factors: Good overall profitability index (5.6) despite operating losses during 2019. Good quality investment portfolio (5.1) containing junk bond exposure equal to 81.4% of capital.
Principal Lines of Business: --
Licensed in: LA
Principal Enrollment Breakdown: --
Other Highlights
Medical Loss Ratio
Medical Expense
Per Member Per Month ($)
660
Provider Compensation ($000)
Capitation Pay
0
Fee For Service
Contractual Pay
Salary
0
Bonus
0
Other
--
Member Physicians
Enrollment
Total Patient Encounters
Physician
Non-Physician
Corporate Info
Group Affiliation
Louisiana Health Service and Indemnity Co
Investment Rating
--
Company Address
5525 Reitz Avenue
Baton Rouge, LA 70809
Phone Number
(225) 295-3307
NAIC Number
95643
Largest Affiliates
B
Baton Rouge, LA - Health
C
Monroe, LA - Health
C
Monroe, LA - Health
C
Monroe, LA - Health
Weiss Ratings