Major Rating Factors:
Weak profitability index (0.3 on a scale of 0 to 10) with 265.4 million in losses in the last five years. Average return on equity has been extremely poor. Fair overall results on stability tests (4.1) based on rapid premium growth over the last five years, excessive capital growth during 2021 and rapid enrollment growth during the past five years. Good liquidity (6.8) with sufficient resources (cash flows and marketable investments) to handle a spike in claims.
Other Rating Factors:
Excellent capitalization (8.7) based on good current risk-adjusted capital (severe loss scenario) reflecting significant improvement over results in 2017. Excellent quality investment portfolio (9.9) containing small junk bond exposure.
Principal Lines of Business:
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Licensed in:
AR, CO, IA, KS, MI, MO, NE, NV, OK, TN, TX, VA
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
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Member Physicians
Enrollment
Total Patient Encounters
Physician
Non-Physician
Corporate Info
Group Affiliation
Oscar Health Inc
Investment Rating
Company Address
750 North Saint Paul Place
Dallas, TX 75201
Dallas, TX 75201
Phone Number
(646) 403-3677
NAIC Number
15777
Website
Largest Affiliates
