Major Rating Factors:
Weak profitability index (0.9 on a scale of 0 to 10) with 60.3 million in losses in the last five years. Weak quality investment portfolio (2.6). Weak liquidity (0.1) as a spike in claims may stretch capacity.
Other Rating Factors:
Fair overall results on stability tests (3.5) based on rapid premium growth over the last five years, rapid enrollment growth during the past five years. Rating is significantly influenced by the acceptable financial results of Point32Health Inc. Good capitalization index (5.5) based on good current risk-adjusted capital (severe loss scenario).
Principal Lines of Business:
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Licensed in:
CT
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
Point32Health Inc
Investment Rating
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Company Address
One Wellness Way
Canton, MA 02021
Canton, MA 02021
Phone Number
(844) 267-1361
NAIC Number
16307
Website
Largest Affiliates