D
Monarch Health Plan Inc
IrvineCA
Rating Date
September 2023
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 liquidity (0.0 on a scale of 0 to 10) as a spike in claims may stretch capacity. Good capitalization index (6.8) based on good current risk-adjusted capital (moderate loss scenario). Good overall results on stability tests (4.9).
Other Rating Factors: Excellent profitability (7.5) despite a decline in earnings during 2021.
Principal Lines of Business: --
Licensed in: CA
Principal Enrollment Breakdown: --
Other Highlights
Medical Loss Ratio
Medical Expense
Per Member Per Month ($)
721
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
--
Company Address
11 Technology Drive
Irvine, CA 92618
Phone Number
(888) 767-2222
NAIC Number
--
Largest Affiliates
No affiliate information available.
Weiss Ratings