B
Senior Whole Health of NY Inc
Rating Date
September 2023
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: Good overall profitability index (6.2 on a scale of 0 to 10) despite a decline in earnings during 2021. Good overall results on stability tests (5.8) despite excessive capital growth during 2021. Rating is significantly influenced by the acceptable financial results of Molina Healthcare Inc. Excellent capitalization (8.6) based on good current risk-adjusted capital (severe loss scenario) reflecting significant improvement over results in 2018.
Other Rating Factors: Excellent quality investment portfolio (9.9) containing small junk bond exposure. Excellent liquidity (7.2) with ample operational cash flow and liquid investments.
Principal Lines of Business: --
Licensed in: NY
Principal Enrollment Breakdown: --
Other Highlights
Medical Loss Ratio
Medical Expense
Per Member Per Month ($)
Provider Compensation ($000)
Capitation Pay
Fee For Service
495
Contractual Pay
Salary
0
Bonus
0
Other
--
Member Physicians
Enrollment
Total Patient Encounters
Physician
Non-Physician
Corporate Info
Group Affiliation
Molina Healthcare Inc
Investment Rating
MOH
Company Address
15 MetroTech Center
Brooklyn, NY 11201
Phone Number
(888) 562-5442
NAIC Number
12776
Largest Affiliates
B
Bothell, WA - Health
C
Long Beach, CA - Health
B
Columbus, OH - Health
C
Oak Brook, IL - Health
C
Weiss Ratings