Major Rating Factors:
Excellent profitability (8.6 on a scale of 0 to 10) despite a decline in earnings during 2022. Excellent overall capitalization (9.7) based on excellent current risk-adjusted capital (severe loss scenario). Moreover, capital levels have been consistent in recent years. Excellent overall results on stability tests (7.4) based on consistent premium and capital growth in the last five years, steady enrollment growth, averaging 6% over the past five years. Rating is influenced by the weak financial results of Santa Clara County Health Authority.
Other Rating Factors:
Excellent liquidity (8.4) with ample operational cash flow and liquid investments.
Principal Lines of Business:
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Licensed in:
CA
Principal Enrollment Breakdown:
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Corporate Info
Group Affiliation
None
Investment Rating
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Company Address
6201 San Ignacio Ave
San Jose, CA 95119
San Jose, CA 95119
Phone Number
(800) 260-2055
NAIC Number
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Website
Largest Affiliates
No affiliate information available.