AllCare Health Plan Inc
Major Rating Factors:
Weak profitability index (1.7 on a scale of 0 to 10) with operating losses during 2018, 2021 and 2022. Average return on equity over the last five years has been poor at -2.3%. Weak capitalization index (1.3) based on weak current risk-adjusted capital (severe loss scenario). Fair overall results on stability tests (4.0) based on a decline in the number of member physicians during 2022. Potentially strong support from affiliation with AllCare Health Inc.
Other Rating Factors:
Good liquidity (6.2) with sufficient resources (cash flows and marketable investments) to handle a spike in claims. Excellent quality investment portfolio (9.7) containing small junk bond exposure.
Principal Lines of Business:
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Licensed in:
OR
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
AllCare Health Inc
Investment Rating
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Company Address
1701 Northeast Seventh Street
Grants Pass, OR 97526
Grants Pass, OR 97526
Phone Number
(541) 471-4106
NAIC Number
12253
Website
Largest Affiliates