Health Colorado Inc
Major Rating Factors:
Fair quality investment portfolio (4.7 on a scale of 0 to 10) containing little or no exposure to mortgages, junk bonds, or unaffiliated stocks. Excellent profitability (7.2) despite operating losses during 2019. Excellent overall capitalization (10.0) based on excellent current risk-adjusted capital (severe loss scenario). Moreover, capital levels have been consistent in recent years.
Other Rating Factors:
Excellent overall results on stability tests (8.5) based on consistent premium and capital growth in the last five years but a decline in enrollment during 2023. Rating is significantly influenced by the strong financial results of Health Colorado Inc. Excellent liquidity (7.6) with ample operational cash flow and liquid investments.
Principal Lines of Business:
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Licensed in:
(No states)
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
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