Major Rating Factors:
Excellent profitability (7.2 on a scale of 0 to 10) despite a decline in earnings during 2021. Excellent capitalization index (10.0) based on good current risk-adjusted capital (severe loss scenario). Furthermore, this high level of risk-adjusted capital has been consistently maintained in previous years. Excellent overall results on stability tests (7.7) based on steady enrollment growth, averaging 3% over the past five years, consistent premium and capital growth in the last five years.
Other Rating Factors:
Excellent liquidity (7.0) with ample operational cash flow and liquid investments. Good quality investment portfolio (6.8) containing junk bond exposure equal to 56.4% of capital.
Principal Lines of Business:
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Licensed in:
AZ
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
Prosano Inc
Investment Rating
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Company Address
8220 N. 23rd Avenue
Phoenix, AZ 85021
Phoenix, AZ 85021
Phone Number
(602) 864-4100
NAIC Number
53589
Website
Largest Affiliates
No affiliate information available.
