Maine Community Health Options
Major Rating Factors:
Fair capitalization (2.9 on a scale of 0 to 10) based on good current risk-adjusted capital (severe loss scenario) reflecting significant improvement over results in 2017. Fair overall results on stability tests (3.5) based on inordinate decline in capital during 2021, a decline in the number of member physicians during 2021. Good overall profitability index (5.8) despite operating losses during 2017 and 2021.
Other Rating Factors:
Good quality investment portfolio (6.0) containing significant exposure to junk bonds. Good liquidity (6.8) with sufficient resources (cash flows and marketable investments) to handle a spike in claims.
Principal Lines of Business:
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Licensed in:
ME, NH
Principal Enrollment Breakdown:
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