E
CCA Health Michigan Inc
Rating Date
April 2025
NAIC
Classification
Risk Adjusted
Capital Ratio #1
Risk Adjusted
Capital Ratio #2
Total
Assets
Capital
Health
Premiums
Net
Income
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Major Rating Factors: Weak profitability index (0.0 on a scale of 0 to 10) with 24.7 million in losses in the last four years. Fair overall results on stability tests (3.9) based on fair risk diversification due to the size of the company's affiliate group. Excellent liquidity (6.9) with sufficient resources (cash flows and marketable investments) to handle a spike in claims.
Other Rating Factors: Excellent capitalization index (9.0) 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 (9.9) containing small junk bond exposure.
Principal Lines of Business: --
Licensed in: MI
Principal Enrollment Breakdown: --
Other Highlights
Medical Loss Ratio
Medical Expense
Per Member Per Month ($)
Provider Compensation ($000)
Capitation Pay
0
Fee For Service
0
Contractual Pay
Salary
0
Bonus
0
Other
--
Member Physicians
Enrollment
902
Total Patient Encounters
Physician
Non-Physician
Corporate Info
Group Affiliation
Commonwealth Care Alliance Inc
Investment Rating
--
Company Address
22260 Haggerty Road
Northville, MI 48167
Phone Number
(248) 715-5400
NAIC Number
16542
Website
--
Largest Affiliates
E
Boston, MA - Health
E
Boston, MA - Health