B
Iowa Total Care Inc
Rating Date
April 2025
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: Good liquidity (6.8 on a scale of 0 to 10) with sufficient resources (cash flows and marketable investments) to handle a spike in claims. Excellent profitability (9.1) despite a decline in earnings during 2022. Excellent capitalization index (6.9) based on good current risk-adjusted capital (severe loss scenario). However, risk-adjusted capital has reached as low as the weak level during recent years.
Other Rating Factors: Excellent quality investment portfolio (7.0) containing small junk bond exposure. Excellent overall results on stability tests (8.4). Rating is significantly influenced by the strong financial results of Centene Corporation.
Principal Lines of Business: --
Licensed in: IA
Principal Enrollment Breakdown: --
Other Highlights
Medical Loss Ratio
Medical Expense
Per Member Per Month ($)
Provider Compensation ($000)
Capitation Pay
Fee For Service
0
Contractual Pay
Salary
Bonus
Other
0
Member Physicians
Enrollment
Total Patient Encounters
Physician
Non-Physician
Corporate Info
Group Affiliation
Centene Corporation
Investment Rating
CNC
Company Address
Centene Plaza
Saint Louis, MO 63105
Phone Number
(314) 725-4477
NAIC Number
15713
Largest Affiliates
C
Saint Louis, MO - Health
B
Saint Louis, MO - Health
B
Saint Louis, MO - Health
C
Burr Ridge, IL - Health
C
Saint Louis, MO - Health