Physicians Health Choice of TX
Major Rating Factors:
Good liquidity (6.8 on a scale of 0 to 10) with sufficient resources (cash flows and marketable investments) to handle a spike in claims. Excellent profitability (7.2) despite operating losses during 2018 and 2019. Excellent capitalization (8.0) based on good current risk-adjusted capital (severe loss scenario) reflecting improvement over results in 2020.
Other Rating Factors:
Excellent overall results on stability tests (8.1) based on consistent premium and capital growth in the last five years but rapid enrollment growth during the past five years. Rating is significantly influenced by the strong financial results of UnitedHealth Group Incorporated. Weak quality investment portfolio (1.6).
Principal Lines of Business:
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Licensed in:
TX
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
UnitedHealth Group Incorporated
Investment Rating
Company Address
9800 Health Care Lane
Minnetonka, MN 55343
Minnetonka, MN 55343
Phone Number
(952) 936-1300
NAIC Number
11494
Website
Largest Affiliates
