Major Rating Factors:
Weak quality investment portfolio (0.0 on a scale of 0 to 10) containing little or no exposure to mortgages, junk bonds, or unaffiliated stocks. Weak overall results on stability tests (0.6). Rating is significantly influenced by the acceptable financial results of CommunityCare Managed Healthcare Plans of Oklahoma Inc. Fair profitability index (3.1) with modest operating losses during 2018, 2020 and 2022. Return on equity has been low, averaging 1.3% over the last five years.
Other Rating Factors:
Excellent capitalization (7.0) based on good current risk-adjusted capital (severe loss scenario) reflecting improvement over results in 2018. Excellent liquidity (7.1) with ample operational cash flow and liquid investments.
Principal Lines of Business:
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Licensed in:
OK
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
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Member Physicians
Enrollment
Total Patient Encounters
Physician
Non-Physician
Corporate Info
Group Affiliation
CommunityCare Managed Healthcare Plans of Oklahoma Inc
Investment Rating
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Company Address
Two West Second Street
Tulsa, OK 74103
Tulsa, OK 74103
Phone Number
(918) 594-5295
NAIC Number
89008
Website
Largest Affiliates