Silversummit HealthPlan Inc
Major Rating Factors:
Good overall profitability index (5.6 on a scale of 0 to 10) despite operating losses during 2018. Good quality investment portfolio (5.0). Good overall results on stability tests (6.2) despite rapid enrollment growth during the past five years. Rating is significantly influenced by the strong financial results of Centene Corporation.
Other Rating Factors:
Excellent overall capitalization (10.0) based on good current risk-adjusted capital (severe loss scenario) despite some fluctuation in capital levels. Excellent liquidity (7.1) with ample operational cash flow and liquid investments.
Principal Lines of Business:
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Licensed in:
NV
Principal Enrollment Breakdown:
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