WellCare of MO Hlth Ins Co
Major Rating Factors:
Good overall profitability index (6.8 on a scale of 0 to 10) despite operating losses during 2020. Fair overall results on stability tests (4.8) in spite of healthy premium and capital growth during 2022 but an excessive 186% enrollment growth during the period. Rating is significantly influenced by the strong financial results of Centene Corporation. Excellent capitalization index (9.3) based on good current risk-adjusted capital (severe loss scenario).
Other Rating Factors:
Excellent quality investment portfolio (9.9) containing little or no exposure to mortgages, junk bonds, or unaffiliated stocks. Excellent liquidity (7.6) with ample operational cash flow and liquid investments.
Principal Lines of Business:
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Licensed in:
MO
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
7700 Forsyth Boulevard
Saint Louis, MO 63105
Saint Louis, MO 63105
Phone Number
(314) 725-4477
NAIC Number
16512
Website
Largest Affiliates