Major Rating Factors:
Fair quality investment portfolio (3.9 on a scale of 0 to 10). Weak profitability index (0.9) with operating losses during 2019, 2020, 2021 and 2022. Excellent capitalization (6.9) based on excellent current risk-adjusted capital (severe loss scenario) reflecting improvement over results in 2022.
Other Rating Factors:
Good overall results on stability tests (5.4) despite good risk-adjusted capital in prior years, a decline in enrollment during 2023. Rating is significantly influenced by the acceptable financial results of Carle Foundation. 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:
NC, SC
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
Carle Foundation
Investment Rating
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Company Address
3310 Fields South Drive
Champaign, IL 61822
Champaign, IL 61822
Phone Number
(800) 851-3379
NAIC Number
12962
Website
Largest Affiliates