Provider Ptnrs Hlth Plan of PA
Major Rating Factors:
Weak profitability index (0.9 on a scale of 0 to 10) due to a decline in earnings during 2022. Average return on equity over the last five years has been poor at -46.6%. Fair overall results on stability tests (4.6) based on weak risk-adjusted capital in prior years, fair risk diversification due to the size of the company's affiliate group. Good capitalization (6.6) based on good current risk-adjusted capital (severe loss scenario) reflecting significant improvement over results in 2018.
Other Rating Factors:
Excellent quality investment portfolio (9.5) containing small junk bond exposure. Excellent liquidity (7.0) with ample operational cash flow and liquid investments.
Principal Lines of Business:
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Licensed in:
PA
Principal Enrollment Breakdown:
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Other Highlights
Medical Loss Ratio
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Per Member Per Month ($)
Provider Compensation ($000)
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Member Physicians
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Non-Physician
Corporate Info
Group Affiliation
Pphp Holdco LLC
Investment Rating
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Company Address
785 Elkridge Landing Road
Linthicum Heights, MD 21090
Linthicum Heights, MD 21090
Phone Number
(443) 275-9800
NAIC Number
14458
Website
Largest Affiliates