E
WellCare of California Inc
TampaFL
Rating Date
September 2025
NAIC
Classification
Risk Adjusted
Capital Ratio #1
Risk Adjusted
Capital Ratio #2
Total
Assets
Capital
Health
Premiums
Net
Income
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Major Rating Factors: Weak capitalization index (0.5 on a scale of 0 to 10) based on weak current risk-adjusted capital (severe loss scenario). Weak overall results on stability tests (1.8) based on excessive premium growth during 2022. Good overall profitability index (6.3) with operating gains in each of the last five years.
Other Rating Factors: Excellent liquidity (6.9) with sufficient resources (cash flows and marketable investments) to handle a spike in claims.
Principal Lines of Business: --
Licensed in: CA
Principal Enrollment Breakdown: --
Other Highlights
Medical Loss Ratio
Medical Expense
Per Member Per Month ($)
Provider Compensation ($000)
Capitation Pay
--
Fee For Service
--
Contractual Pay
--
Salary
--
Bonus
--
Other
--
Member Physicians
--
Enrollment
Total Patient Encounters
Physician
--
Non-Physician
Corporate Info
Group Affiliation
None
Investment Rating
CNC
Company Address
8725 Henderson Road
Tampa, FL 33634
Phone Number
(866) 999-3945
NAIC Number
--
Largest Affiliates
No affiliate information available.