Major Rating Factors:
Fair overall results on stability tests (4.8 on a scale of 0 to 10) in spite of consistent premium and capital growth in the last five years but fair risk diversification due to the size of the company's affiliate group and an excessive 91,767% enrollment growth during the period. Rating is influenced by the weak financial results of County of Ventura California. Good capitalization index (6.8) based on good current risk-adjusted capital (severe loss scenario). However, risk-adjusted capital has reached as low as the weak level during recent years. Excellent profitability (8.9) despite a decline in earnings during 2022.
Other Rating Factors:
Excellent liquidity (7.2) with ample operational cash flow and liquid investments.
Principal Lines of Business:
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Licensed in:
CA
Principal Enrollment Breakdown:
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Other Highlights
Medical Loss Ratio
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Medical Expense
Per Member Per Month ($)
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Provider Compensation ($000)
Capitation Pay
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Fee For Service
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Contractual Pay
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Salary
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Bonus
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Other
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Member Physicians
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Enrollment
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Total Patient Encounters
Physician
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Non-Physician
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Corporate Info
Group Affiliation
None
Investment Rating
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Company Address
2220 East Gonzales Road
Oxnard, CA 93036
Oxnard, CA 93036
Phone Number
(805) 981-5050
NAIC Number
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Website
Largest Affiliates
No affiliate information available.