Major Rating Factors:
Fair profitability index (3.3 on a scale of 0 to 10) due to a decline in earnings during 2021. Return on equity has been low, averaging 3.7% over the last five years. Good overall results on stability tests (6.6). Rating is significantly influenced by the acceptable financial results of Kaiser Foundation Health Plan Inc. 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 (9.9) containing small junk bond exposure. Excellent liquidity (7.0) with ample operational cash flow and liquid investments.
Principal Lines of Business:
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Licensed in:
CA, CO, DC, GA, HI, KS, MD, MO, OH, OR, SC, VA, 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
Member Physicians
Enrollment
Total Patient Encounters
Physician
Non-Physician
Corporate Info
Group Affiliation
Kaiser Foundation Health Plan Inc
Investment Rating
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Company Address
300 Lakeside Drive
Oakland, CA 94612
Oakland, CA 94612
Phone Number
(877) 847-7572
NAIC Number
60053
Largest Affiliates
