Major Rating Factors:
Fair profitability index (3.9 on a scale of 0 to 10) with operating losses during 2018 and 2022. Good overall capitalization (6.3) based on fair current risk-adjusted capital (severe loss scenario). However, capital levels have fluctuated somewhat during past years. Good overall results on stability tests (6.7) based on consistent premium and capital growth in the last five years but good risk-adjusted capital in prior years and rapid enrollment growth during the past five years.
Other Rating Factors:
Good liquidity (6.8) with sufficient resources (cash flows and marketable investments) to handle a spike in claims. Weak quality investment portfolio (0.9).
Principal Lines of Business:
--
Licensed in:
IA, IL, WI
Principal Enrollment Breakdown:
--
Other Highlights
Medical Loss Ratio
Medical Expense
Per Member Per Month ($)
Provider Compensation ($000)
Capitation Pay
Fee For Service
Contractual Pay
Salary
Bonus
Other
--
Member Physicians
Enrollment
Total Patient Encounters
Physician
Non-Physician
Corporate Info
Group Affiliation
Quartz Health Plan Corporation
Investment Rating
--
Company Address
2650 Novation Pkwy
Fitchburg, WI 53713
Fitchburg, WI 53713
Phone Number
(608) 643-2491
NAIC Number
95101
Website
Largest Affiliates