Major Rating Factors:
Good overall profitability index (6.5 on a scale of 0 to 10) despite a decline in earnings during 2022. Good overall results on stability tests (5.9) based on consistent premium and capital growth in the last five years but rapid enrollment growth during the past five years. Good liquidity (6.8) with sufficient resources (cash flows and marketable investments) to handle a spike in claims.
Other Rating Factors:
Excellent capitalization (7.5) based on excellent current risk-adjusted capital (severe loss scenario) reflecting improvement over results in 2020. Excellent quality investment portfolio (9.1) containing small junk bond exposure.
Principal Lines of Business:
--
Licensed in:
ID
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
Bonus
Other
--
Member Physicians
Enrollment
Total Patient Encounters
Physician
Non-Physician
Corporate Info
Group Affiliation
GEMSTONE HOLDINGS INC
Investment Rating
--
Company Address
3000 East Pine Avenue
Meridian, ID 83642
Meridian, ID 83642
Phone Number
(208) 345-4550
NAIC Number
15022
Website
Largest Affiliates