Major Rating Factors: Strong capitalization index (9.2 on a scale of 0 to 10) based on excellent current risk-adjusted capital (severe loss scenario). High quality investment portfolio (9.5). Good overall profitability index (5.0).
Other Rating Factors: Good overall results on stability tests (6.9) despite a decline in enrollment during 2019. Fair liquidity (4.1) as cash resources may not be adequate to cover a spike in claims.
Principal Lines of Business: Comp med (88.6%), Medicare (11.4%)
Licensed in: AR
Principal Enrollment Breakdown: POS (87.7%), HMO (12.3%)