Bridgeway Health Solutions of
Major Rating Factors:
Excellent profitability (8.7 on a scale of 0 to 10) despite a decline in earnings during 2022. Excellent capitalization index (7.4) based on excellent current risk-adjusted capital (severe loss scenario) despite some fluctuation in capital levels. Excellent quality investment portfolio (8.8) containing small junk bond exposure.
Other Rating Factors:
Good liquidity (5.6) with sufficient resources (cash flows and marketable investments) to handle a spike in claims. Fair overall results on stability tests (4.5) based on rapid premium growth over the last five years, excessive capital growth during 2022 and rapid enrollment growth during the past five years. Rating is significantly influenced by the strong financial results of Centene Corporation.
Principal Lines of Business:
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Licensed in:
AZ
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
Centene Corporation
Investment Rating
Company Address
Centene Plaza
Saint Louis, MO 63105
Saint Louis, MO 63105
Phone Number
(314) 725-4477
NAIC Number
16310
Website
Largest Affiliates