Major Rating Factors:
Weak profitability index (0.2 on a scale of 0 to 10) with 19.5 million in losses in the last three years. Average return on equity over the last five years has been poor at -62.2%. Weak liquidity (2.0) as a spike in claims may stretch capacity. Fair capitalization index (4.5) based on fair current risk-adjusted capital (severe loss scenario) as results have slipped from the good range over the last four years.
Other Rating Factors:
Fair quality investment portfolio (3.4) containing no exposure to mortgages, junk bonds, or unaffiliated stocks. Fair overall results on stability tests (3.8) based on an excessive 42% enrollment growth during the period, fair risk-adjusted capital in prior years and fair risk diversification due to the company's size. Potential support from affiliation with Centra Health Inc.
Principal Lines of Business:
--
Licensed in:
VA
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
Centra Health Inc
Investment Rating
--
Company Address
1920 Atherholt Road
Lynchburg, VA 24501
Lynchburg, VA 24501
Phone Number
(434) 947-4463
NAIC Number
95811
Website
Largest Affiliates