Major Rating Factors:
Good overall capitalization (6.2 on a scale of 0 to 10) based on good current risk-adjusted capital (severe loss scenario). Weak profitability index (0.9) with 20.6 million in losses in the last two years. Average return on equity over the last five years has been poor at -2.5%. Weak overall results on stability tests (1.8) in spite of steady enrollment growth, averaging 9% over the past five years but excessive premium growth during 2023 and good risk-adjusted capital in prior years. Rating is significantly influenced by the strong financial results of UnitedHealth Group Incorporated.
Other Rating Factors:
Weak liquidity (0.0) as a spike in claims may stretch capacity. Excellent quality investment portfolio (9.6) containing small junk bond exposure.
Principal Lines of Business:
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Licensed in:
TX
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
UnitedHealth Group Incorporated
Investment Rating
Company Address
2727 West Holcombe Blvd
Houston, TX 77025
Houston, TX 77025
Phone Number
(713) 442-0757
NAIC Number
12827
Largest Affiliates