D
CA Hlth & Wellness Plan
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 profitability index (0.9 on a scale of 0 to 10) with 167.5 million in losses in the last four years. Fair liquidity (4.1) as cash resources may not be adequate to cover a spike in claims. Good capitalization (6.5) based on fair current risk-adjusted capital (severe loss scenario) reflecting significant improvement over results in 2018.
Other Rating Factors: Good overall results on stability tests (5.0).
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
1740 Creekside Oaks Drive
Sacramento, CA 95833
Phone Number
(916) 246-3600
NAIC Number
--
Largest Affiliates
No affiliate information available.
Weiss Ratings