TSG Guard Inc
Major Rating Factors:
Weak profitability index (0.9 on a scale of 0 to 10) with modest operating losses during 2018, 2019, 2020 and 2022. Fair capitalization index (4.0) based on weak current risk-adjusted capital (severe loss scenario) as results have slipped from the good range over the last three years. Fair overall results on stability tests (3.0) in spite of healthy premium and capital growth during 2022 but an excessive 90% enrollment growth during the period and poor risk diversification due to the company's size.
Other Rating Factors:
Good liquidity (6.8) with sufficient resources (cash flows and marketable investments) to handle a spike in claims. Excellent quality investment portfolio (9.3) containing small junk bond exposure.
Principal Lines of Business:
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Licensed in:
OH
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
7171 Keck Park Circle Northwest
North Canton, OH 44720
North Canton, OH 44720
Phone Number
(330) 498-8200
NAIC Number
16363
Website
Largest Affiliates
No affiliate information available.