Major Rating Factors:
Weak profitability index (0.4 on a scale of 0 to 10) with operating losses during 2020, 2021 and 2022. Weak overall results on stability tests (0.0) based on excessive premium growth during 2022, an excessive 63% enrollment growth during the period. Excellent liquidity (6.9) with sufficient resources (cash flows and marketable investments) to handle a spike in claims.
Other Rating Factors:
Excellent capitalization index (9.1) based on excellent current risk-adjusted capital (severe loss scenario). 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:
NV
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
Alignment Healthcare Inc
Investment Rating
Company Address
1100 West Town & Country Road
Orange, CA 92868
Orange, CA 92868
Phone Number
(844) 310-2247
NAIC Number
16936
Website
Largest Affiliates