E
Clever Care of Golden State
ArcadiaCA
Rating Date
April 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 profitability index (0.0 on a scale of 0 to 10) with 87.9 million in losses in the last three years. Weak overall capitalization (2.6) based on weak current risk-adjusted capital (moderate 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 an excessive 543% enrollment growth during the period.
Other Rating Factors: Weak liquidity (2.4) as a spike in claims may stretch capacity.
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
--
Company Address
660 West Huntington Drive
Arcadia, CA 91007
Phone Number
(833) 388-8168
NAIC Number
--
Largest Affiliates
No affiliate information available.