Major Rating Factors:
Fair overall results on stability tests (4.4 on a scale of 0 to 10) based on rapid enrollment growth during the past five years, excessive capital growth during 2023. Rating is significantly influenced by the strong financial results of Molina Healthcare Inc. Good overall profitability index (5.8) despite operating losses during 2022. Excellent capitalization (7.2) based on excellent current risk-adjusted capital (severe loss scenario) reflecting improvement over results in 2019.
Other Rating Factors:
Excellent quality investment portfolio (8.4) containing small junk bond exposure. Excellent liquidity (7.0) with ample operational cash flow and liquid investments.
Principal Lines of Business:
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Licensed in:
NY
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
Molina Healthcare Inc
Investment Rating
Company Address
15 MetroTech Center
Brooklyn, NY 11201
Brooklyn, NY 11201
Phone Number
(888) 562-5442
NAIC Number
12776
Website
Largest Affiliates