Major Rating Factors:
Fair capitalization index (4.8 on a scale of 0 to 10) based on good current risk-adjusted capital (severe loss scenario). Fair overall results on stability tests (4.4) based on excessive capital growth during 2022. Potentially strong support from affiliation with Quartz Health Plan Corporation. Weak profitability index (1.7) with operating losses during 2018 and 2022.
Other Rating Factors:
Weak quality investment portfolio (0.9). Good liquidity (6.8) with sufficient resources (cash flows and marketable investments) to handle a spike in claims.
Principal Lines of Business:
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Licensed in:
IA, IL, WI
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
Quartz Health Plan Corporation
Investment Rating
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Company Address
2650 Novation Pkwy
Fitchburg, WI 53713
Fitchburg, WI 53713
Phone Number
(608) 643-2491
NAIC Number
95101
Website
Largest Affiliates