Essence Healthcare Inc
Major Rating Factors:
Good overall profitability index (5.9 on a scale of 0 to 10) despite a decline in earnings during 2022. Good overall results on stability tests (6.2). Good liquidity (6.5) with sufficient resources (cash flows and marketable investments) to handle a spike in claims.
Other Rating Factors:
Excellent overall capitalization (7.0) based on good current risk-adjusted capital (severe loss scenario) despite some fluctuation in capital levels. Excellent quality investment portfolio (8.7) containing small junk bond exposure.
Principal Lines of Business:
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Licensed in:
IL, MO, TX, WA
Principal Enrollment Breakdown:
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