WellCare of New Hampshire Inc
Major Rating Factors:
Weak profitability index (0.8 on a scale of 0 to 10) with modest operating losses during 2020, 2021 and 2022. Good overall results on stability tests (5.8). Rating is significantly influenced by the strong financial results of Centene Corporation. Excellent liquidity (6.9) with sufficient resources (cash flows and marketable investments) to handle a spike in claims.
Other Rating Factors:
Excellent capitalization index (10.0) based on excellent current risk-adjusted capital (severe loss scenario). However, risk-adjusted capital has reached as low as the weak level during recent years. Excellent quality investment portfolio (8.5) containing small junk bond exposure.
Principal Lines of Business:
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Licensed in:
NH
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
16515
Website
Largest Affiliates