B
PreferredOne Ins Co
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: Fair overall results on stability tests (3.9 on a scale of 0 to 10). Rating is significantly influenced by the strong financial results of UnitedHealth Group Incorporated. Good liquidity (5.5) with sufficient resources (cash flows and marketable investments) to handle a spike in claims. Excellent capitalization (7.9) based on excellent current risk-adjusted capital (severe loss scenario) reflecting improvement over results in 2018.
Other Rating Factors: Excellent quality investment portfolio (9.1) containing small junk bond exposure. Weak profitability index (0.9) with 14.3 million in losses in the last two years. Average return on equity over the last five years has been poor at -9.0%.
Principal Lines of Business: --
Licensed in: IA, MN, ND, NE, SD, WI
Principal Enrollment Breakdown: --
Other Highlights
Medical Loss Ratio
Medical Expense
Per Member Per Month ($)
Provider Compensation ($000)
Capitation Pay
0
Fee For Service
Contractual Pay
Salary
0
Bonus
Other
Member Physicians
Enrollment
Total Patient Encounters
Physician
Non-Physician
0
Corporate Info
Group Affiliation
UnitedHealth Group Incorporated
Investment Rating
UNH
Company Address
9800 Health Care Lane
Minnetonka, MN 55343
Phone Number
(952) 979-7572
NAIC Number
11817
Largest Affiliates
A
Minnetonka, MN - Health
A
Las Vegas, NV - Health
A
Milwaukee, WI - Health
B
Minnetonka, MN - Health
B
Minnetonka, MN - Health