Major Rating Factors:
Weak profitability index (0.0 on a scale of 0 to 10) with 10.9 million in losses in the last three years. Weak overall results on stability tests (1.0) in spite of healthy premium and capital growth during 2022 but an excessive 1,952% enrollment growth during the period. Weak liquidity (0.1) as a spike in claims may stretch capacity.
Other Rating Factors:
Excellent capitalization (7.0) based on excellent current risk-adjusted capital (severe loss scenario) reflecting improvement over results in 2021. Excellent quality investment portfolio (9.9) containing no exposure to mortgages, junk bonds, or unaffiliated stocks.
Principal Lines of Business:
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Licensed in:
AZ
Principal Enrollment Breakdown:
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Corporate Info
Group Affiliation
Banner Health
Investment Rating
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Company Address
2901 North Central Avenue
Phoenix, AZ 85012
Phoenix, AZ 85012
Phone Number
(833) 516-1007
NAIC Number
16663
Largest Affiliates