Major Rating Factors:
Weak profitability index (0.9 on a scale of 0 to 10) with modest operating losses during 2020 and 2022. Weak capitalization index (2.3) based on weak current risk-adjusted capital (severe loss scenario). Fair overall results on stability tests (3.3) based on fair risk diversification due to the size of the company's affiliate group, a decline in the number of member physicians during 2022.
Other Rating Factors:
Excellent quality investment portfolio (9.3) containing no exposure to mortgages, junk bonds, or unaffiliated stocks. Excellent liquidity (7.1) with ample operational cash flow and liquid investments.
Principal Lines of Business:
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Licensed in:
NY
Principal Enrollment Breakdown:
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Corporate Info
Group Affiliation
None
Investment Rating
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Company Address
860 Hard Road
Webster, NY 14580
Webster, NY 14580
Phone Number
(844) 424-7253
NAIC Number
16466
Website
Largest Affiliates
No affiliate information available.