Presbyterian Ins Co
Major Rating Factors:
Fair profitability index (4.4 on a scale of 0 to 10) with operating losses during 2018, 2019 and 2021. Return on equity has been low, averaging 4.5% over the last five years. Fair overall results on stability tests (3.7) based on rapid enrollment growth during the past five years. Rating is significantly influenced by the strong financial results of Presbyterian Healthcare Services. Good liquidity (6.8) with sufficient resources (cash flows and marketable investments) to handle a spike in claims.
Other Rating Factors:
Excellent overall capitalization (8.2) based on good current risk-adjusted capital (severe loss scenario) despite some fluctuation in capital levels. Excellent quality investment portfolio (9.0) containing small junk bond exposure.
Principal Lines of Business:
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Licensed in:
NM
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
Presbyterian Healthcare Services
Investment Rating
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Company Address
9521 San Mateo Boulevard, NE
Albuquerque, NM 87113
Albuquerque, NM 87113
Phone Number
(505) 923-6107
NAIC Number
11504
Website
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