UnitedHealthcare Freedom Ins C
Major Rating Factors:
Excellent capitalization index (10.0 on a scale of 0 to 10) based on excellent current risk-adjusted capital (severe loss scenario) despite some fluctuation in capital levels. Excellent quality investment portfolio (9.3) containing no exposure to mortgages, junk bonds, or unaffiliated stocks. Excellent liquidity (7.5) with ample operational cash flow and liquid investments.
Other Rating Factors:
Weak profitability index (2.1) with operating losses during 2019, 2021 and 2022. Average return on equity over the last five years has been poor at -3.9%. Weak overall results on stability tests (2.7) based on an inordinate decline in premium revenue in 2023, a decline in the number of member physicians during 2023. Rating is significantly influenced by the strong financial results of UnitedHealth Group Incorporated.
Principal Lines of Business:
--
Licensed in:
NH
Principal Enrollment Breakdown:
--
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
UnitedHealth Group Incorporated
Investment Rating
Company Address
9800 Health Care Lane
Minnetonka, MN 55343
Minnetonka, MN 55343
Phone Number
(617) 972-9400
NAIC Number
15737
Website
Largest Affiliates