E
Alterwood Advantage 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 (0.9 on a scale of 0 to 10) with operating losses during 2022. Weak capitalization index (1.6) based on weak current risk-adjusted capital (severe loss scenario). Weak overall results on stability tests (0.0) in spite of healthy premium and capital growth during 2022.
Other Rating Factors: Weak liquidity (0.0) as a spike in claims may stretch capacity. Excellent quality investment portfolio (9.9) containing no exposure to mortgages, junk bonds, or unaffiliated stocks.
Principal Lines of Business: --
Licensed in: MD
Principal Enrollment Breakdown: --
Other Highlights
Medical Loss Ratio
Medical Expense
Per Member Per Month ($)
Provider Compensation ($000)
Capitation Pay
745
Fee For Service
Contractual Pay
Salary
0
Bonus
0
Other
--
Member Physicians
Enrollment
Total Patient Encounters
Physician
Non-Physician
Corporate Info
Group Affiliation
None
Investment Rating
--
Company Address
10090 Red Run Blvd
Owings Mills, MD 21117
Phone Number
(667) 262-9412
NAIC Number
17033
Largest Affiliates
No affiliate information available.