Major Rating Factors:
Weak profitability index (1.0 on a scale of 0 to 10) with 34.3 million in losses in the last three years. Fair overall results on stability tests (3.0) in spite of healthy premium and capital growth during 2022 but fair risk diversification due to the size of the company's affiliate group and an excessive 32% enrollment growth during the period. Excellent capitalization index (9.8) based on good current risk-adjusted capital (severe loss scenario).
Other Rating Factors:
Excellent quality investment portfolio (9.9) containing no exposure to mortgages, junk bonds, or unaffiliated stocks. Excellent liquidity (7.2) with ample operational cash flow and liquid investments.
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
16664
Largest Affiliates