Molina Hlthcr of Iowa Inc
Major Rating Factors:
Fair overall results on stability tests (4.8 on a scale of 0 to 10) in spite of healthy premium and capital growth during 2023. Rating is significantly influenced by the strong financial results of Molina Healthcare Inc. Weak profitability index (1.0) with operating losses during 2022 and 2023. Weak quality investment portfolio (0.0) containing no exposure to mortgages, junk bonds, or unaffiliated stocks.
Other Rating Factors:
Good overall capitalization (5.8) based on good current risk-adjusted capital (severe loss scenario). Excellent liquidity (7.0) with ample operational cash flow and liquid investments.
Principal Lines of Business:
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Licensed in:
IA
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
Molina Healthcare Inc
Investment Rating
Company Address
500 SW 7th St
Des Moines, IA 50309
Des Moines, IA 50309
Phone Number
(562) 542-1935
NAIC Number
17197
Website
Largest Affiliates