Major Rating Factors:
Excellent profitability (9.2 on a scale of 0 to 10) despite a decline in earnings during 2022. Excellent overall capitalization (8.7) 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 overall results on stability tests (8.2) based on consistent premium and capital growth in the last five years, steady enrollment growth, averaging 8% over the past five years.
Other Rating Factors:
Excellent liquidity (7.1) with ample operational cash flow and liquid investments. Good quality investment portfolio (5.2).
Principal Lines of Business:
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Licensed in:
MI
Principal Enrollment Breakdown:
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Other Highlights
Medical Loss Ratio
Medical Expense
Per Member Per Month ($)
Provider Compensation ($000)
Capitation Pay
Fee For Service
Contractual Pay
Salary
Bonus
Other
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Member Physicians
Enrollment
Total Patient Encounters
Physician
Non-Physician
Corporate Info
Group Affiliation
McLaren Health Care Corporation
Investment Rating
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Company Address
G-3245 Beecher Road
Flint, MI 48532
Flint, MI 48532
Phone Number
(810) 733-9723
NAIC Number
95562
Website
Largest Affiliates