Major Rating Factors:
Weak profitability index (0.0 on a scale of 0 to 10) with operating losses during 2022 and 2023. Fair overall results on stability tests (3.3) based on poor risk diversification due to the company's size. Excellent overall capitalization (7.9) based on excellent 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 (7.6) with ample operational cash flow and liquid investments.
Principal Lines of Business:
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Licensed in:
ME
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
Taro Health Inc
Investment Rating
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Company Address
One Portland SQ
Portland, ME 04112
Portland, ME 04112
Phone Number
(207) 800-5515
NAIC Number
17315
Website
Largest Affiliates