Major Rating Factors:
Weak capitalization index (2.2 on a scale of 0 to 10) based on weak current risk-adjusted capital (severe loss scenario). Weak overall results on stability tests (2.8) based on excessive premium growth during 2022, poor risk diversification due to the size of the company's affiliate group and rapid enrollment growth during the past five years. Good overall profitability index (5.5) despite operating losses during 2021.
Other Rating Factors:
Excellent liquidity (7.0) with ample operational cash flow and liquid investments.
Principal Lines of Business:
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Licensed in:
CA
Principal Enrollment Breakdown:
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Other Highlights
Medical Loss Ratio
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Medical Expense
Per Member Per Month ($)
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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
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Total Patient Encounters
Physician
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Non-Physician
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Corporate Info
Group Affiliation
None
Investment Rating
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Company Address
1000 Town Center Drive
Oxnard, CA 93036
Oxnard, CA 93036
Phone Number
(800) 633-3313
NAIC Number
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Website
Largest Affiliates
No affiliate information available.