Major Rating Factors:
Weak profitability index (0.3 on a scale of 0 to 10) with 20.1 million in losses in the last four years. Fair overall results on stability tests (3.8) in spite of healthy premium and capital growth during 2023. Excellent liquidity (6.9) with sufficient resources (cash flows and marketable investments) to handle a spike in claims.
Other Rating Factors:
Excellent capitalization index (6.9) 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. Excellent quality investment portfolio (9.9) containing no exposure to mortgages, junk bonds, or unaffiliated stocks.
Principal Lines of Business:
--
Licensed in:
NV
Principal Enrollment Breakdown:
--
Other Highlights
Medical Loss Ratio
Medical Expense
Per Member Per Month ($)
Provider Compensation ($000)
Capitation Pay
Fee For Service
Contractual Pay
Salary
Bonus
Other
--
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