B
PacificSource Health Plans
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: Fair profitability index (3.5 on a scale of 0 to 10) with 98.1 million in losses in the current year. Fair quality investment portfolio (3.6). Good overall results on stability tests (5.9).
Other Rating Factors: Good liquidity (5.6) with sufficient resources (cash flows and marketable investments) to handle a spike in claims. Excellent overall capitalization (8.3) based on good current risk-adjusted capital (severe loss scenario) despite some fluctuation in capital levels.
Principal Lines of Business: --
Licensed in: ID, MT, OR, WA
Principal Enrollment Breakdown: --
Other Highlights
Medical Loss Ratio
Medical Expense
Per Member Per Month ($)
398
Provider Compensation ($000)
Capitation Pay
338
Fee For Service
Contractual Pay
Salary
0
Bonus
Other
--
Member Physicians
Enrollment
Total Patient Encounters
Physician
Non-Physician
Corporate Info
Group Affiliation
PacificSource
Investment Rating
--
Company Address
555 International Way
Springfield, OR 97477
Phone Number
(541) 686-1242
NAIC Number
54976
Largest Affiliates
Weiss Ratings