B
Trusted Health Plan
Rating Date
June 2024
NAIC
Classification
Risk Adjusted
Capital Ratio #1
Risk Adjusted
Capital Ratio #2
Total
Assets
Capital
Health
Premiums
Net
Income
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Major Rating Factors: Fair quality investment portfolio (3.2 on a scale of 0 to 10). Good overall results on stability tests (5.4) based on consistent premium and capital growth in the last five years but rapid enrollment growth during the past five years and a decline in the number of member physicians during 2022. Excellent profitability (7.7) despite a decline in earnings during 2022.
Other Rating Factors: Excellent overall capitalization (7.9) based on good current risk-adjusted capital (severe loss scenario) despite some fluctuation in capital levels. Excellent liquidity (7.1) with ample operational cash flow and liquid investments.
Principal Lines of Business: --
Licensed in: DC, VA, WV
Principal Enrollment Breakdown: --
Other Highlights
Medical Loss Ratio
Medical Expense
Per Member Per Month ($)
Provider Compensation ($000)
Capitation Pay
Fee For Service
Contractual Pay
Salary
0
Bonus
0
Other
--
Member Physicians
Enrollment
Total Patient Encounters
Physician
Non-Physician
Corporate Info
Group Affiliation
None
Investment Rating
--
Company Address
1100 New Jersey Avenue, SE
Washington, DC 20003
Phone Number
(202) 821-1070
NAIC Number
14225
Largest Affiliates
No affiliate information available.