QCA Health Plan Inc
Major Rating Factors:
Good overall profitability index (5.8 on a scale of 0 to 10) despite operating losses during 2019. Good quality investment portfolio (6.8) containing junk bond exposure equal to 87.8% of capital. Good overall results on stability tests (6.2) despite excessive capital growth during 2021. Rating is significantly influenced by the acceptable financial results of Centene Corporation.
Other Rating Factors:
Excellent overall capitalization (10.0) based on good current risk-adjusted capital (severe loss scenario) despite some fluctuation in capital levels. Excellent liquidity (7.1) with ample operational cash flow and liquid investments.
Principal Lines of Business:
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Licensed in:
AR
Principal Enrollment Breakdown:
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