Major Rating Factors:
Fair overall results on stability tests (4.4 on a scale of 0 to 10) based on good risk-adjusted capital in prior years. Rating is significantly influenced by the acceptable financial results of Molina Healthcare Inc. Good profitability index (4.9) due to a decline in earnings during 2021. Excellent capitalization (6.9) based on good current risk-adjusted capital (severe loss scenario). However, capital levels have fluctuated somewhat during past years.
Other Rating Factors:
Excellent quality investment portfolio (8.2) containing small junk bond exposure. Excellent liquidity (6.9) with sufficient resources (cash flows and marketable investments) to handle a spike in claims.
Principal Lines of Business:
--
Licensed in:
MS
Principal Enrollment Breakdown:
--
Other Highlights
Medical Loss Ratio
Medical Expense
Per Member Per Month ($)
Provider Compensation ($000)
Capitation Pay
Fee For Service
Contractual Pay
Salary
Bonus
Other
--
Member Physicians
Enrollment
Total Patient Encounters
Physician
Non-Physician
Corporate Info
Group Affiliation
Molina Healthcare Inc
Investment Rating
Company Address
188 East Capitol Street
Jackson, MS 39201
Jackson, MS 39201
Phone Number
(844) 826-4333
NAIC Number
16301
Website
Largest Affiliates
