Major Rating Factors:
Fair profitability index (3.1 on a scale of 0 to 10) with 7.5 million in losses in the last two years. Fair overall results on stability tests (4.4) in spite of steady enrollment growth, averaging 8% over the past five years, healthy premium and capital growth during 2022. Rating is influenced by the acceptable financial results of Carle Foundation. Good liquidity (6.4) with sufficient resources (cash flows and marketable investments) to handle a spike in claims.
Other Rating Factors:
Excellent capitalization (7.0) based on excellent current risk-adjusted capital (severe loss scenario). Excellent quality investment portfolio (9.4) containing small junk bond exposure.
Principal Lines of Business:
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Licensed in:
IA, IL, IN, OH
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
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Member Physicians
Enrollment
Total Patient Encounters
Physician
Non-Physician
Corporate Info
Group Affiliation
Carle Foundation
Investment Rating
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Company Address
3310 Fields South Drive
Champaign, IL 61822
Champaign, IL 61822
Phone Number
(800) 851-3379
NAIC Number
15478
Website
Largest Affiliates