Major Rating Factors:
Fair quality investment portfolio (4.4 on a scale of 0 to 10). Fair overall results on stability tests (3.6) based on an excessive 46% enrollment growth during the period, excessive premium growth during 2021. Rating is significantly influenced by the acceptable financial results of Molina Healthcare Inc. Good overall profitability index (5.3) despite a decline in earnings during 2021.
Other Rating Factors:
Excellent capitalization (7.9) based on good current risk-adjusted capital (severe loss scenario) reflecting improvement over results in 2017. Excellent liquidity (7.0) with ample operational cash flow and liquid investments.
Principal Lines of Business:
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Licensed in:
FL
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
8300 Northwest 33rd Street
Doral, FL 33122
Doral, FL 33122
Phone Number
(866) 422-2541
NAIC Number
13128
Website
Largest Affiliates
