Major Rating Factors:
Fair quality investment portfolio (3.8 on a scale of 0 to 10). Fair overall results on stability tests (3.9) in spite of steady enrollment growth, averaging 8% over the past five years but inordinate decline in capital during 2022. Rating is significantly influenced by the strong financial results of UnitedHealth Group Incorporated. Good liquidity (6.8) with sufficient resources (cash flows and marketable investments) to handle a spike in claims.
Other Rating Factors:
Weak profitability index (2.2) with 2.2 million in losses in the current year. Return on equity has been fair, averaging 5.9% over the last five years. Excellent overall capitalization (8.0) based on excellent current risk-adjusted capital (severe loss scenario) despite some fluctuation in capital levels.
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