Major Rating Factors: Strong capitalization index (8.3 on a scale of 0 to 10) based on excellent current risk-adjusted capital (severe loss scenario). High quality investment portfolio (9.1). Weak profitability index (2.3).
Other Rating Factors: Weak overall results on stability tests (2.8) based on an excessive 43% enrollment growth during the period. Weak liquidity (2.0) as a spike in claims may stretch capacity.
Principal Lines of Business: Comp med (89.7%), Medicare (10.3%)
Licensed in: AR
Principal Enrollment Breakdown: POS (93.5%), HMO (6.5%)