Missouri Care Inc
Major Rating Factors:
Excellent profitability (8.0 on a scale of 0 to 10) despite a decline in earnings during 2023. Excellent overall capitalization (9.1) based on excellent current risk-adjusted capital (severe loss scenario). Moreover, capital levels have been consistent in recent years. Excellent quality investment portfolio (8.7) containing small junk bond exposure.
Other Rating Factors:
Excellent overall results on stability tests (8.2) based on consistent premium and capital growth in the last five years but rapid enrollment growth during the past five years. Rating is significantly influenced by the strong financial results of Elevance Health Inc. Excellent liquidity (6.9) with sufficient resources (cash flows and marketable investments) to handle a spike in claims.
Principal Lines of Business:
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Licensed in:
MO
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
Elevance Health Inc
Investment Rating
Company Address
1831 Chestnut Street
Saint Louis, MO 63103
Saint Louis, MO 63103
Phone Number
(314) 444-7512
NAIC Number
12913
Website
Largest Affiliates