Ochsner Health Plan Inc
Major Rating Factors:
Weak profitability index (0.1 on a scale of 0 to 10) with 43.3 million in losses in the last three years. Weak overall results on stability tests (2.6) based on excessive premium growth during 2023, an excessive 37% enrollment growth during the period and poor risk diversification due to the size of the company's affiliate group. Good overall capitalization (5.9) based on good current risk-adjusted capital (severe loss scenario).
Other Rating Factors:
Excellent quality investment portfolio (9.9) containing no exposure to mortgages, junk bonds, or unaffiliated stocks. Excellent liquidity (7.0) with ample operational cash flow and liquid investments.
Principal Lines of Business:
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Licensed in:
LA
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
None
Investment Rating
--
Company Address
1450 Poydras St.
New Orleans, LA 70112
New Orleans, LA 70112
Phone Number
(504) 559-8067
NAIC Number
16968
Website
Largest Affiliates
No affiliate information available.