MercyCare HMO Inc
Major Rating Factors:
Fair profitability index (3.0 on a scale of 0 to 10) with operating losses during 2022. Return on equity has been fair, averaging 10.0% over the last five years. Weak quality investment portfolio (2.5) containing large exposure to common stock. Good capitalization (6.8) based on excellent current risk-adjusted capital (severe loss scenario) reflecting significant improvement over results in 2022.
Other Rating Factors:
Good overall results on stability tests (4.9) based on fair risk-adjusted capital in prior years, fair risk diversification due to the company's size. Good liquidity (5.6) with sufficient resources (cash flows and marketable investments) to handle a spike in claims.
Principal Lines of Business:
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Licensed in:
IL, WI
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
Mercy Health Corporation
Investment Rating
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Company Address
580 North Washington Street
Janesville, WI 53548
Janesville, WI 53548
Phone Number
(608) 752-3431
NAIC Number
12195
Largest Affiliates