Major Rating Factors:
Fair profitability index (3.7 on a scale of 0 to 10) with operating losses during 2019 and 2022. Fair overall results on stability tests (4.2) based on a significant -30% decrease in enrollment during the period, a decline in the number of member physicians during 2023. Fair liquidity (3.1) as cash resources may not be adequate to cover a spike in claims.
Other Rating Factors:
Excellent capitalization (8.2) based on excellent current risk-adjusted capital (severe loss scenario) reflecting improvement over results in 2022. Excellent quality investment portfolio (7.2) containing small junk bond exposure.
Principal Lines of Business:
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Licensed in:
TX
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
None
Investment Rating
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Company Address
1341 West Mockingbird Lane
Dallas, TX 75247
Dallas, TX 75247
Phone Number
(214) 266-2100
NAIC Number
95414
Largest Affiliates
No affiliate information available.