Care Improvement Plus WI Ins
Major Rating Factors:
Fair overall results on stability tests (4.8 on a scale of 0 to 10) based on rapid premium growth over the last five years, excessive capital growth during 2021 and rapid enrollment growth during the past five years. Rating is significantly influenced by the strong financial results of UnitedHealth Group Incorporated. Excellent profitability (8.7) despite a decline in earnings during 2021. Excellent overall capitalization (9.5) based on good current risk-adjusted capital (severe loss scenario) despite some fluctuation in capital levels.
Other Rating Factors:
Excellent quality investment portfolio (9.9) containing little or no exposure to mortgages, junk bonds, or unaffiliated stocks. Excellent liquidity (7.2) with ample operational cash flow and liquid investments.
Principal Lines of Business:
--
Licensed in:
MI, WI
Principal Enrollment Breakdown:
--