B
Medical Mutual of Ohio
Rating Date
September 2023
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: Good overall profitability index (6.4 on a scale of 0 to 10) with operating gains in each of the last five years. Good quality investment portfolio (5.2) containing junk bond exposure equal to 64.0% of capital. Good overall results on stability tests (6.3) based on consistent premium and capital growth in the last five years but inconsistent enrollment growth in the past five years due to declines in 2020 and 2021.
Other Rating Factors: Excellent overall capitalization (10.0) based on good current risk-adjusted capital (severe loss scenario) despite some fluctuation in capital levels. Excellent liquidity (7.1) with ample operational cash flow and liquid investments.
Principal Lines of Business: --
Licensed in: GA, IN, MI, NC, OH, PA, SC, WI, WV
Principal Enrollment Breakdown: --
Other Highlights
Medical Loss Ratio
Medical Expense
Per Member Per Month ($)
289
Provider Compensation ($000)
Capitation Pay
Fee For Service
Contractual Pay
Salary
0
Bonus
Other
Member Physicians
Enrollment
Total Patient Encounters
Physician
Non-Physician
Corporate Info
Group Affiliation
Medical Mutual of Ohio
Investment Rating
--
Company Address
100 American Road
Cleveland, OH 44144
Phone Number
(216) 687-7000
NAIC Number
29076
Largest Affiliates
B
Cleveland, OH - Health
Weiss Ratings