Health Colorado Inc
Major Rating Factors:
Good overall profitability index (5.9 on a scale of 0 to 10) despite a decline in earnings during 2022. Good overall results on stability tests (6.1) despite rapid premium growth over the last five years, fair risk-adjusted capital in prior years. Rating is significantly influenced by the strong financial results of Health Colorado Inc. Excellent capitalization (10.0) based on excellent current risk-adjusted capital (severe loss scenario) reflecting significant improvement over results in 2018.
Other Rating Factors:
Excellent quality investment portfolio (9.9) containing little or no exposure to mortgages, junk bonds, or unaffiliated stocks. Excellent liquidity (7.5) with ample operational cash flow and liquid investments.
Principal Lines of Business:
--
Licensed in:
(No states)
Principal Enrollment Breakdown:
--
Other Highlights
Medical Loss Ratio
Medical Expense
Per Member Per Month ($)
Provider Compensation ($000)
Capitation Pay
Fee For Service
Contractual Pay
Salary
Bonus
Other
Member Physicians
Enrollment
Total Patient Encounters
Physician
Non-Physician
Corporate Info
Group Affiliation
Health Colorado Inc
Investment Rating
--
Company Address
10855 Hidden Pool Heights
Colorado Springs, CO 80908
Colorado Springs, CO 80908
Phone Number
(719) 621-9500
NAIC Number
16486
Website
Largest Affiliates