B
Nebraska Total Care Inc
Rating Date
September 2023
NAIC
Classification
Risk Adjusted
Capital Ratio #1
Risk Adjusted
Capital Ratio #2
Total
Assets
Capital
Health
Premiums
Net
Income
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Major Rating Factors: Good overall profitability index (5.9 on a scale of 0 to 10) despite operating losses during 2017 and 2018. Good overall results on stability tests (6.3) despite excessive capital growth during 2021. Rating is significantly influenced by the acceptable financial results of Centene Corporation. Excellent capitalization index (9.6) based on good current risk-adjusted capital (severe loss scenario). However, risk-adjusted capital has reached as low as the weak level during recent years.
Other Rating Factors: Excellent quality investment portfolio (9.1) containing small junk bond exposure. Excellent liquidity (7.0) with ample operational cash flow and liquid investments.
Principal Lines of Business: --
Licensed in: NE
Principal Enrollment Breakdown: --
Other Highlights
Medical Loss Ratio
Medical Expense
Per Member Per Month ($)
461
Provider Compensation ($000)
Capitation Pay
Fee For Service
0
Contractual Pay
Salary
Bonus
Other
--
Member Physicians
Enrollment
Total Patient Encounters
Physician
Non-Physician
Corporate Info
Group Affiliation
Centene Corporation
Investment Rating
CNC
Company Address
Centene Plaza
Saint Louis, MO 63105
Phone Number
(314) 725-4477
NAIC Number
15902
Largest Affiliates
B
Saint Louis, MO - Health
C
Saint Louis, MO - Health
B
Saint Louis, MO - Health
C
Saint Louis, MO - Health
B
Chicago, IL - Health
Weiss Ratings