Major Rating Factors:
Fair overall results on stability tests (4.8 on a scale of 0 to 10) based on good risk-adjusted capital in prior years, a decline in the number of member physicians during 2022. Rating is significantly influenced by the strong financial results of Molina Healthcare Inc. Excellent capitalization (6.9) based on good current risk-adjusted capital (severe loss scenario) reflecting improvement over results in 2021. Weak quality investment portfolio (2.8).
Other Rating Factors:
Excellent profitability (9.1) with operating gains in each of the last five years. Excellent liquidity (6.9) with sufficient resources (cash flows and marketable investments) to handle a spike in claims.
Principal Lines of Business:
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Licensed in:
ID, UT
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
Molina Healthcare Inc
Investment Rating
Company Address
7050 Union Park Center
Midvale, UT 84047
Midvale, UT 84047
Phone Number
(801) 858-0400
NAIC Number
95502
Website
Largest Affiliates