Hamaspik Inc
Major Rating Factors:
Weak profitability index (0.0 on a scale of 0 to 10) with 10.3 million in losses in the last three years. Weak capitalization index (2.4) based on weak current risk-adjusted capital (severe loss scenario). Weak overall results on stability tests (0.7) based on an excessive 207% enrollment growth during the period.
Other Rating Factors:
Weak liquidity (0.8) as a spike in claims may stretch capacity. Excellent quality investment portfolio (9.9) containing no exposure to mortgages, junk bonds, or unaffiliated stocks.
Principal Lines of Business:
--
Licensed in:
NY
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
None
Investment Rating
--
Company Address
775 North Main Street
Spring Valley, NY 10977
Spring Valley, NY 10977
Phone Number
(855) 552-4642
NAIC Number
16621
Website
Largest Affiliates
No affiliate information available.