Major Rating Factors:
Weak quality investment portfolio (1.4 on a scale of 0 to 10). Good overall profitability index (6.3) despite operating losses during 2019. Good overall results on stability tests (6.0) despite excessive capital growth during 2023. Rating is significantly influenced by the strong financial results of Molina Healthcare Inc.
Other Rating Factors:
Excellent capitalization (8.5) based on excellent current risk-adjusted capital (severe loss scenario) reflecting improvement over results in 2021. Excellent liquidity (7.5) with ample operational cash flow and liquid investments.
Principal Lines of Business:
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Licensed in:
MS
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
1020 Highland Colony Parkway
Ridgeland, MS 39157
Ridgeland, MS 39157
Phone Number
(844) 826-4333
NAIC Number
16301
Website
Largest Affiliates