Major Rating Factors:
Fair profitability index (3.4 on a scale of 0 to 10) due to a decline in earnings during 2022. Return on equity has been low, averaging 3.5% over the last five years. Fair overall results on stability tests (3.9) based on inordinate decline in capital during 2022. Fair liquidity (4.7) as cash resources may not be adequate to cover a spike in claims.
Other Rating Factors:
Good quality investment portfolio (6.3) containing significant exposure to junk bonds. Excellent capitalization (6.9) based on good current risk-adjusted capital (severe loss scenario) reflecting improvement over results in 2019.
Principal Lines of Business:
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Licensed in:
AK, CA, ID, OR, TX, WA
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
American Dental Association (inc)
Investment Rating
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Company Address
601 S.W. Second Ave
Portland, OR 97204
Portland, OR 97204
Phone Number
(503) 228-6554
NAIC Number
47098
Website
Largest Affiliates