Liberty Advantage LLC
Major Rating Factors:
Fair overall results on stability tests (3.8 on a scale of 0 to 10) in spite of consistent premium and capital growth in the last five years but poor risk diversification due to the company's size. Good overall profitability index (6.7) despite operating losses during 2018 and 2019. Excellent capitalization (7.6) based on good current risk-adjusted capital (severe loss scenario) reflecting significant improvement over results in 2018.
Other Rating Factors:
Excellent quality investment portfolio (9.9) containing little or no exposure to mortgages, junk bonds, or unaffiliated stocks. Excellent liquidity (7.6) with ample operational cash flow and liquid investments.
Principal Lines of Business:
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Licensed in:
NC
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
2334 South 41st Street
Glen Allen, VA 28403
Glen Allen, VA 28403
Phone Number
(910) 815-3122
NAIC Number
16170
Largest Affiliates
No affiliate information available.
