C
Molina Healthcare of CA
Rating Date
September 2023
NAIC
Classification
Risk Adjusted
Capital Ratio #1
Risk Adjusted
Capital Ratio #2
Total
Assets
Capital
Health
Premiums
Net
Income
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Major Rating Factors: Fair capitalization (4.6 on a scale of 0 to 10) based on weak current risk-adjusted capital (severe loss scenario) as results have slipped from the excellent range over the last year. Weak overall results on stability tests (2.3) based on excessive capital growth during 2021. Excellent profitability (7.0) with operating gains in each of the last five years.
Other Rating Factors: Excellent liquidity (7.4) with ample operational cash flow and liquid investments.
Principal Lines of Business: --
Licensed in: CA
Principal Enrollment Breakdown: --
Other Highlights
Medical Loss Ratio
Medical Expense
Per Member Per Month ($)
471
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
None
Investment Rating
MOH
Company Address
200 Oceangate
Long Beach, CA 90802
Phone Number
(562) 499-6191
NAIC Number
--
Largest Affiliates
No affiliate information available.
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