Major Rating Factors: Excellent profitability (9.1 on a scale of 0 to 10). Strong capitalization index (8.6) based on excellent current risk-adjusted capital (severe loss scenario). High quality investment portfolio (8.5).
Other Rating Factors: Excellent overall results on stability tests (7.3) based on steady enrollment growth, averaging 7% over the past five years. Excellent liquidity (7.4) with ample operational cash flow and liquid investments.
Principal Lines of Business: Medicaid (100.0%)
Licensed in: MI
Principal Enrollment Breakdown: HMO (100.0%)