LifeWise Health Plan of WA
Major Rating Factors:
Fair overall results on stability tests (3.4 on a scale of 0 to 10). Rating is significantly influenced by the acceptable financial results of PREMERA. Weak profitability index (1.8) due to a decline in earnings during 2021. Excellent overall capitalization (10.0) based on good current risk-adjusted capital (severe loss scenario) despite some fluctuation in capital levels.
Other Rating Factors:
Excellent quality investment portfolio (8.8) containing small junk bond exposure. Excellent liquidity (7.0) with ample operational cash flow and liquid investments.
Principal Lines of Business:
--
Licensed in:
WA
Principal Enrollment Breakdown:
--
Other Highlights
Medical Loss Ratio
Medical Expense
Per Member Per Month ($)
Provider Compensation ($000)
Capitation Pay
Fee For Service
Contractual Pay
Salary
Bonus
Other
--
Member Physicians
Enrollment
Total Patient Encounters
Physician
Non-Physician
Corporate Info
Group Affiliation
PREMERA
Investment Rating
--
Company Address
7001 220th Street, SW
Mountlake Terrace, WA 98043
Mountlake Terrace, WA 98043
Phone Number
(425) 918-4000
NAIC Number
52633
Website
Largest Affiliates
