Major Rating Factors:
Fair liquidity (3.2 on a scale of 0 to 10) as cash resources may not be adequate to cover a spike in claims. Excellent capitalization (7.4) based on excellent current risk-adjusted capital (severe loss scenario) reflecting improvement over results in 2019. Excellent quality investment portfolio (8.3) containing small junk bond exposure.
Other Rating Factors:
Weak profitability index (0.9) with operating losses during 2019 and 2023. Average return on equity over the last five years has been poor at -12.6%. Weak overall results on stability tests (0.4). Rating is significantly influenced by the excellent financial results of Humana Inc.
Principal Lines of Business:
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Licensed in:
PR
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
Humana Inc
Investment Rating
Company Address
383 Avenida F.D. Roosevelt
San Juan, PR 00918
San Juan, PR 00918
Phone Number
(787) 282-7900
NAIC Number
95721
Website
Largest Affiliates