Major Rating Factors: Excellent profitability (7.0 on a scale of 0 to 10). Strong capitalization index (9.2) based on excellent current risk-adjusted capital (severe loss scenario). High quality investment portfolio (9.9).
Other Rating Factors: Excellent overall results on stability tests (8.4) based on healthy premium and capital growth during 2021. Excellent liquidity (7.2) with ample operational cash flow and liquid investments.
Principal Lines of Business: Medicaid (96.4%), comp med (3.6%)
Licensed in: TX
Principal Enrollment Breakdown: HMO (100.0%)