Central Hlth Plan of CA Inc
Major Rating Factors:
Weak profitability index (0.9 on a scale of 0 to 10) with 64.9 million in losses in the current year. Average return on equity over the last five years has been extremely poor. Weak capitalization index (0.0) based on weak current risk-adjusted capital (severe loss scenario). Weak overall results on stability tests (0.0) based on an excessive 34% enrollment growth during the period, excessive premium growth during 2023 and poor risk diversification due to the size of the company's affiliate group. Rating is influenced by the weak financial results of Molina Healthcare Inc.
Other Rating Factors:
Weak liquidity (0.1) as a spike in claims may stretch capacity.
Principal Lines of Business:
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Licensed in:
CA
Principal Enrollment Breakdown:
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Other Highlights
Medical Loss Ratio
Medical Expense
Per Member Per Month ($)
Provider Compensation ($000)
Capitation Pay
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Fee For Service
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Contractual Pay
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Salary
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Bonus
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Other
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Member Physicians
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Enrollment
Total Patient Encounters
Physician
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Non-Physician
Corporate Info
Group Affiliation
None
Investment Rating
Company Address
200 Oceangate
Long Beach, CA 90802
Long Beach, CA 90802
Phone Number
(866) 314-2427
NAIC Number
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Website
Largest Affiliates
No affiliate information available.