Signature Advantage LLC
Major Rating Factors:
Fair profitability index (3.7 on a scale of 0 to 10) with operating losses during 2018, 2019 and 2020. Fair capitalization (2.9) based on fair current risk-adjusted capital (severe loss scenario) reflecting improvement over results in 2020. Fair overall results on stability tests (2.9) based on rapid premium growth over the last five years, poor risk diversification due to the company's size and rapid enrollment growth during the past five years.
Other Rating Factors:
Excellent quality investment portfolio (9.9) containing small junk bond exposure. Excellent liquidity (7.0) 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.