B
Peoples Health Inc
Rating Date
June 2024
NAIC
Classification
Risk Adjusted
Capital Ratio #1
Risk Adjusted
Capital Ratio #2
Total
Assets
Capital
Health
Premiums
Net
Income
Loading...
Major Rating Factors: Good capitalization (6.6 on a scale of 0 to 10) based on fair current risk-adjusted capital (severe loss scenario) reflecting some improvement over results in 2021. Excellent profitability (8.1) with operating gains in each of the last five years. Excellent overall results on stability tests (8.5) based on consistent premium and capital growth in the last five years. Rating is significantly influenced by the strong financial results of UnitedHealth Group Incorporated.
Other Rating Factors: Excellent liquidity (7.0) with ample operational cash flow and liquid investments. Weak quality investment portfolio (2.2) containing no exposure to mortgages, junk bonds, or unaffiliated stocks.
Principal Lines of Business: --
Licensed in: LA
Principal Enrollment Breakdown: --
Other Highlights
Medical Loss Ratio
Medical Expense
Per Member Per Month ($)
Provider Compensation ($000)
Capitation Pay
Fee For Service
0
Contractual Pay
0
Salary
0
Bonus
0
Other
--
Member Physicians
Enrollment
Total Patient Encounters
Physician
Non-Physician
Corporate Info
Group Affiliation
UnitedHealth Group Incorporated
Investment Rating
UNH
Company Address
Three Lakeway Center
Metairie, LA 70002
Phone Number
(504) 849-4500
NAIC Number
13607
Largest Affiliates
A
Minnetonka, MN - Health
A
Las Vegas, NV - Health
B
Minnetonka, MN - Health
B
Milwaukee, WI - Health
B
Minnetonka, MN - Health
Weiss Ratings