A
HMO Partners Inc
Rating Date
June 2024
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 capitalization index (9.0 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 quality investment portfolio (9.1) containing small junk bond exposure. Good overall results on stability tests (5.6) despite excessive capital growth during 2022. Rating is significantly influenced by the excellent financial results of HMO Partners Inc.
Other Rating Factors: Weak profitability index (2.0) with operating losses during 2019 and 2021. Average return on equity over the last five years has been poor at -1.2%. Weak liquidity (2.7) as a spike in claims may stretch capacity.
Principal Lines of Business: --
Licensed in: AR
Principal Enrollment Breakdown: --
Other Highlights
Medical Loss Ratio
Medical Expense
Per Member Per Month ($)
189
Provider Compensation ($000)
Capitation Pay
924
Fee For Service
Contractual Pay
Salary
0
Bonus
Other
--
Member Physicians
Enrollment
Total Patient Encounters
Physician
Non-Physician
Corporate Info
Group Affiliation
HMO Partners Inc
Investment Rating
--
Company Address
601 South Gaines
Little Rock, AR 72201
Phone Number
(501) 378-2000
NAIC Number
95442
Largest Affiliates
A
Little Rock, AR - Health
U
Little Rock, AR - Health
U
Little Rock, AR - Health
Weiss Ratings