Ambetter of Peach State Inc
Major Rating Factors:
Fair liquidity (3.7 on a scale of 0 to 10) as cash resources may not be adequate to cover a spike in claims. Good overall profitability index (6.2) despite operating losses during 2021. Good overall results on stability tests (5.9) based on consistent premium and capital growth in the last five years but a decline in enrollment during 2022 and a decline in the number of member physicians during 2022. Rating is significantly influenced by the strong financial results of Centene Corporation.
Other Rating Factors:
Excellent capitalization (7.4) based on good current risk-adjusted capital (severe loss scenario) reflecting improvement over results in 2021. Excellent quality investment portfolio (7.3) containing small junk bond exposure.
Principal Lines of Business:
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Licensed in:
GA
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
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Other
Member Physicians
Enrollment
Total Patient Encounters
Physician
Non-Physician
Corporate Info
Group Affiliation
Centene Corporation
Investment Rating
Company Address
Centene Plaza
Saint Louis, MO 63105
Saint Louis, MO 63105
Phone Number
(314) 725-4477
NAIC Number
15729
Website
Largest Affiliates