Major Rating Factors:
Fair profitability index (3.7 on a scale of 0 to 10) with operating losses during 2018 and 2022. Return on equity has been fair, averaging 9.9% over the last five years. Fair overall results on stability tests (3.0) based on an excessive 34% enrollment growth during the period, fair risk diversification due to the size of the company's affiliate group and a decline in the number of member physicians during 2022. Weak quality investment portfolio (1.7).
Other Rating Factors:
Weak liquidity (2.7) as a spike in claims may stretch capacity. Excellent capitalization (7.0) based on excellent current risk-adjusted capital (severe loss scenario). However, capital levels have fluctuated during prior years.
Principal Lines of Business:
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Licensed in:
WI
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
None
Investment Rating
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Company Address
2000 Westwood Drive
Wausau, WI 54401
Wausau, WI 54401
Phone Number
(715) 847-2287
NAIC Number
15926
Website
Largest Affiliates
No affiliate information available.