WellCare Hlth Plans of MA Inc
Major Rating Factors:
Weak profitability index (0.9 on a scale of 0 to 10) with 15.3 million in losses in the last three years. Excellent overall capitalization (7.3) based on excellent current risk-adjusted capital (severe loss scenario). Excellent quality investment portfolio (7.1) containing no exposure to mortgages, junk bonds, or unaffiliated stocks.
Other Rating Factors:
Excellent overall results on stability tests (7.0) based on steady enrollment growth, averaging 10% over the past five years. Rating is significantly influenced by the strong financial results of Centene Corporation. Excellent liquidity (7.0) with ample operational cash flow and liquid investments.
Principal Lines of Business:
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Licensed in:
MA
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
Centene Corporation
Investment Rating
Company Address
7700 Forsyth Boulevard
Saint Louis, MO 63105
Saint Louis, MO 63105
Phone Number
(314) 725-4477
NAIC Number
16970
Website
Largest Affiliates