Major Rating Factors:
Good overall results on stability tests (6.3 on a scale of 0 to 10) despite a decline in the number of member physicians during 2023. Rating is significantly influenced by the strong financial results of Molina Healthcare Inc. Weak quality investment portfolio (1.9). Excellent profitability (8.7) despite a decline in earnings during 2023.
Other Rating Factors:
Excellent capitalization (7.4) based on excellent current risk-adjusted capital (severe loss scenario) reflecting improvement over results in 2021. Excellent liquidity (7.1) with ample operational cash flow and liquid investments.
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