Major Rating Factors:
Good overall profitability index (6.6 on a scale of 0 to 10) despite operating losses during 2022. Good overall results on stability tests (6.4) based on consistent premium and capital growth in the last five years but rapid enrollment growth during the past five years. Rating is influenced by the strong financial results of CareSource. Excellent capitalization (7.9) based on excellent current risk-adjusted capital (severe loss scenario) reflecting improvement over results in 2020.
Other Rating Factors:
Excellent quality investment portfolio (8.8) containing small junk bond exposure. Excellent liquidity (7.1) with ample operational cash flow and liquid investments.
Principal Lines of Business:
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Licensed in:
IN
Principal Enrollment Breakdown:
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Other Highlights
Medical Loss Ratio
Medical Expense
Per Member Per Month ($)
Provider Compensation ($000)
Capitation Pay
Fee For Service
Contractual Pay
Salary
Bonus
Other
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Member Physicians
Enrollment
Total Patient Encounters
Physician
Non-Physician
Corporate Info
Group Affiliation
CareSource
Investment Rating
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Company Address
230 North Main Street
Dayton, OH 45402
Dayton, OH 45402
Phone Number
(937) 531-3300
NAIC Number
10142
Website
Largest Affiliates