Major Rating Factors:
Good overall profitability index (6.7 on a scale of 0 to 10) with operating gains in each of the last five years. Good overall results on stability tests (5.3). Rating is influenced by the weak financial results of Nippon Life Ins Co. 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 (7.6) 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:
All states except ME, NH, 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
None
Investment Rating
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Company Address
666 Third Avenue
New York, NY 10017
New York, NY 10017
Phone Number
(212) 682-3000
NAIC Number
81264
Largest Affiliates
No affiliate information available.