Carolina Complete Health Inc
Major Rating Factors:
Good overall results on stability tests (6.2 on a scale of 0 to 10) based on steady enrollment growth, averaging 9% over the past five years. 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. Weak profitability index (0.9) with 118.6 million in losses in the last three years. Average return on equity over the last five years has been poor at -28.9%.
Other Rating Factors:
Excellent capitalization index (7.3) 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 (7.4) containing small junk bond exposure.
Principal Lines of Business:
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Licensed in:
NC
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
16526
Website
Largest Affiliates