E
SCAN Health Plan NV Inc
Rating Date
April 2025
NAIC
Classification
Risk Adjusted
Capital Ratio #1
Risk Adjusted
Capital Ratio #2
Total
Assets
Capital
Health
Premiums
Net
Income
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Major Rating Factors: Weak profitability index (0.7 on a scale of 0 to 10) with operating losses during 2021 and 2022. Weak overall results on stability tests (0.9) based on excessive premium growth during 2022. Good capitalization index (5.6) 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 (6.9) with sufficient resources (cash flows and marketable investments) to handle a spike in claims.
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
206
Contractual Pay
711
Salary
0
Bonus
0
Other
--
Member Physicians
483
Enrollment
Total Patient Encounters
Physician
483
Non-Physician
Corporate Info
Group Affiliation
Scan Group Inc The
Investment Rating
--
Company Address
3800 Kilroy Airport Way
Long Beach, CA 90806
Phone Number
(562) 989-5100
NAIC Number
17004
Largest Affiliates
D
Long Beach, CA - Health
U
Long Beach, CA - Health