Major Rating Factors:
Fair profitability index (4.3 on a scale of 0 to 10) with operating losses during 2017 and 2018. Good quality investment portfolio (6.2) containing significant exposure to junk bonds. Good overall results on stability tests (6.7) based on consistent premium and capital growth in the last five years but rapid enrollment growth during the past five years. Rating is significantly influenced by the acceptable financial results of Molina Healthcare Inc.
Other Rating Factors:
Excellent capitalization index (7.9) 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. Excellent liquidity (7.0) with ample operational cash flow and liquid investments.
Principal Lines of Business:
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Licensed in:
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
Molina Healthcare Inc
Investment Rating
Company Address
3829 Gaskins Road
Richmond, VA 23233
Richmond, VA 23233
Phone Number
(240) 865-8577
NAIC Number
16043
Website
Largest Affiliates
