Buckeye Health Plan Community
Major Rating Factors:
Fair profitability index (3.1 on a scale of 0 to 10) with operating losses during 2019, 2021 and 2022. Average return on equity over the last five years has been poor at -1.4%. Weak quality investment portfolio (0.7) containing little or no exposure to mortgages, junk bonds, or unaffiliated stocks. Excellent overall capitalization (10.0) based on excellent current risk-adjusted capital (severe loss scenario). Moreover, capital levels have been consistent in recent years.
Other Rating Factors:
Excellent overall results on stability tests (7.0) based on consistent premium and capital growth in the last five years but a decline in enrollment during 2023. Rating is significantly influenced by the strong financial results of Centene Corporation. Excellent liquidity (7.9) with ample operational cash flow and liquid investments.
Principal Lines of Business:
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Licensed in:
OH
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
Centene Corporation
Investment Rating
Company Address
Centene Plaza
Saint Louis, MO 63105
Saint Louis, MO 63105
Phone Number
(314) 725-4477
NAIC Number
16112
Website
Largest Affiliates