B
PacifiCare L&H Ins Co
Rating Date
June 2024
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: Good overall results on stability tests (5.8 on a scale of 0 to 10). Rating is significantly influenced by the strong financial results of UnitedHealth Group Incorporated. Fair profitability index (4.8) due to a decline in earnings during 2022. Return on equity has been low, averaging 1.4% over the last five years. Excellent capitalization index (10.0) based on good current risk-adjusted capital (severe loss scenario). However, risk-adjusted capital has reached as low as the weak level during recent years.
Other Rating Factors: Excellent quality investment portfolio (8.7) containing small junk bond exposure. Excellent liquidity (9.2) with ample operational cash flow and liquid investments.
Principal Lines of Business: --
Licensed in: All states except NY, also licensed in VI
Principal Enrollment Breakdown: --
Other Highlights
Medical Loss Ratio
Medical Expense
Per Member Per Month ($)
64
Provider Compensation ($000)
Capitation Pay
0
Fee For Service
0
Contractual Pay
Salary
0
Bonus
0
Other
--
Member Physicians
Enrollment
Total Patient Encounters
Physician
Non-Physician
0
Corporate Info
Group Affiliation
UnitedHealth Group Incorporated
Investment Rating
UNH
Company Address
9800 Health Care Lane
Minnetonka, MN 55343
Phone Number
(612) 383-4182
NAIC Number
70785
Largest Affiliates
A
Minnetonka, MN - Health
A
Las Vegas, NV - Health
B
Minnetonka, MN - Health
B
Milwaukee, WI - Health
B
Minnetonka, MN - Health