Signature Advantage LLC
Major Rating Factors:
Weak capitalization (2.8 on a scale of 0 to 10) based on fair current risk-adjusted capital (severe loss scenario) reflecting improvement over results in 2020. Weak quality investment portfolio (1.5). Fair overall results on stability tests (3.0) in spite of consistent premium and capital growth in the last five years but rapid enrollment growth during the past five years and poor risk diversification due to the company's size.
Other Rating Factors:
Good overall profitability index (5.9) despite a decline in earnings during 2023. Excellent liquidity (7.1) with ample operational cash flow and liquid investments.
Principal Lines of Business:
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Licensed in:
KY, TN
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
Member Physicians
Enrollment
Total Patient Encounters
Physician
Non-Physician
Corporate Info
Group Affiliation
None
Investment Rating
--
Company Address
805 N Whittington Pkwy
Louisville, KY 40222
Louisville, KY 40222
Phone Number
(502) 394-2100
NAIC Number
15731
Largest Affiliates
No affiliate information available.