Boston Med Center Health Plan
Major Rating Factors:
Excellent capitalization (8.7 on a scale of 0 to 10) based on good current risk-adjusted capital (severe loss scenario) reflecting improvement over results in 2018. Excellent quality investment portfolio (9.5) containing small junk bond exposure. Excellent overall results on stability tests (8.2) based on consistent premium and capital growth in the last five years, steady enrollment growth, averaging 3% over the past five years.
Other Rating Factors:
Excellent liquidity (7.3) with ample operational cash flow and liquid investments. Good overall profitability index (6.0) despite a decline in earnings during 2022.
Principal Lines of Business:
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Licensed in:
MA, NH
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
None
Investment Rating
--
Company Address
529 Main Street
Charlestown, MA 02129
Charlestown, MA 02129
Phone Number
(617) 748-6000
NAIC Number
13203
Website
Largest Affiliates
No affiliate information available.