Major Rating Factors:
Weak profitability index (0.9 on a scale of 0 to 10) with 11.9 million in losses in the last three years. Fair overall results on stability tests (4.5) 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 a decline in the number of member physicians during 2022. Good capitalization index (6.0) based on fair current risk-adjusted capital (severe loss scenario).
Other Rating Factors:
Excellent quality investment portfolio (9.9) containing small junk bond exposure. Excellent liquidity (7.2) with ample operational cash flow and liquid investments.
Principal Lines of Business:
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Licensed in:
IL, IN, MI
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
ZHE Holdings LP
Investment Rating
--
Company Address
225 West Washington Street
Chicago, IL 60606
Chicago, IL 60606
Phone Number
(312) 205-7948
NAIC Number
16812
Website
Largest Affiliates