Wellcare Hlth Ins Co of OK
Major Rating Factors:
Fair overall results on stability tests (4.8 on a scale of 0 to 10) based on an excessive 58% enrollment growth during the period. Rating is significantly influenced by the strong financial results of Centene Corporation. Excellent profitability (7.2) despite modest operating losses during 2021. Excellent capitalization index (7.9) 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.
Other Rating Factors:
Excellent quality investment portfolio (9.9). Excellent liquidity (7.9) with ample operational cash flow and liquid investments.
Principal Lines of Business:
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Licensed in:
OK
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
Centene Corporation
Investment Rating
Company Address
7700 Forsyth Boulevard
Saint Louis, MO 63105
Saint Louis, MO 63105
Phone Number
(314) 725-4477
NAIC Number
16752
Website
Largest Affiliates