MCNA Ins Co
Major Rating Factors:
Fair overall results on stability tests (4.4 on a scale of 0 to 10) based on a significant -20% decrease in enrollment during the period. Rating is significantly influenced by the strong financial results of UnitedHealth Group Incorporated. Excellent profitability (7.6) despite a decline in earnings during 2023. Excellent overall capitalization (8.4) based on excellent current risk-adjusted capital (severe loss scenario) despite some fluctuation in capital levels.
Other Rating Factors:
Excellent quality investment portfolio (8.0) containing small junk bond exposure. 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:
AL, AR, IA, ID, IL, LA, MI, MO, NC, NE, NV, OK, RI, SC, TX, UT, WA, WI
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
UnitedHealth Group Incorporated
Investment Rating
Company Address
7901 SW 6th Ct
Plantation, FL 33324
Plantation, FL 33324
Phone Number
(800) 494-6262
NAIC Number
14063
Website
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