WellCare Hlth Plans of MO Inc
Major Rating Factors:
Weak overall results on stability tests (2.8 on a scale of 0 to 10) in spite of healthy premium and capital growth during 2021. Rating is significantly influenced by the acceptable financial results of Centene Corporation. Excellent profitability (8.0) Excellent capitalization index (8.4) based on good current risk-adjusted capital (severe loss scenario).
Other Rating Factors:
Excellent quality investment portfolio (9.9) containing little or no exposure to mortgages, junk bonds, or unaffiliated stocks. Excellent liquidity (8.1) with ample operational cash flow and liquid investments.
Principal Lines of Business:
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Licensed in:
MO
Principal Enrollment Breakdown:
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