Major Rating Factors:
Good quality investment portfolio (6.1 on a scale of 0 to 10) containing junk bond exposure equal to 92.3% of capital. Excellent liquidity (6.9) with sufficient resources (cash flows and marketable investments) to handle a spike in claims. Excellent profitability (8.2) despite a decline in earnings during 2021.
Other Rating Factors:
Excellent overall capitalization (10.0) based on good current risk-adjusted capital (severe loss scenario). Moreover, capital levels have been consistent in recent years. Excellent overall results on stability tests (8.7) based on consistent premium and capital growth in the last five years, steady enrollment growth, averaging 6% over the past five years.
Principal Lines of Business:
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Licensed in:
All states except AL, CA, HI, IA, KS, LA, MS, NC, ND, NH, NV, NY, RI, SD, TN, VT, WA, WY
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
Health Care Service Corporation a Mutual Legal Reserve Co
Investment Rating
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Company Address
300 E. Randolph St.
Chicago, IL 60601
Chicago, IL 60601
Phone Number
(800) 654-7385
NAIC Number
70670
Website
Largest Affiliates
