Major Rating Factors:
Weak profitability index (1.9 on a scale of 0 to 10) with operating losses during 2018, 2020 and 2021. Weak overall results on stability tests (2.4) based on a significant -24% decrease in enrollment during the period, a decline in the number of member physicians during 2022. Rating is influenced by the weak financial results of Travis County Healthcare District Texas. Fair capitalization (2.9) based on excellent current risk-adjusted capital (severe loss scenario) reflecting significant improvement over results in 2018.
Other Rating Factors:
Excellent quality investment portfolio (9.9) containing no exposure to mortgages, junk bonds, or unaffiliated stocks. Excellent liquidity (8.0) with ample operational cash flow and liquid investments.
Principal Lines of Business:
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Licensed in:
TX
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
Member Physicians
Enrollment
Total Patient Encounters
Physician
Non-Physician
Corporate Info
Group Affiliation
None
Investment Rating
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Company Address
1111 E Cesar Chavez Street
Austin, TX 78702
Austin, TX 78702
Phone Number
(512) 978-8454
NAIC Number
14151
Website
Largest Affiliates
No affiliate information available.