Major Rating Factors:
Weak profitability index (0.9 on a scale of 0 to 10) with operating losses during 2019, 2020, 2021 and 2022. Weak overall results on stability tests (2.3) based on an excessive 37% enrollment growth during the period. Fair capitalization index (4.6) based on fair current risk-adjusted capital (severe loss scenario) as results have slipped from the excellent range over the last year.
Other Rating Factors:
Excellent quality investment portfolio (9.9) containing small junk bond exposure. Excellent liquidity (7.1) with ample operational cash flow and liquid investments.
Principal Lines of Business:
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Licensed in:
IL, MO, OH, TN
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
First Light Investments LLC
Investment Rating
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Company Address
225 West Washington Street
Chicago, IL 60606
Chicago, IL 60606
Phone Number
(312) 205-7948
NAIC Number
16607
Website
Largest Affiliates