B
Kaiser Fndtn Hlth Plan of CO
DenverCO
Rating Date
September 2023
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: Fair profitability index (4.3 on a scale of 0 to 10) due to a decline in earnings during 2021. Good overall results on stability tests (5.4) despite excessive capital growth during 2021. Rating is influenced by the acceptable financial results of Kaiser Foundation Health Plan Inc. Good liquidity (6.8) with sufficient resources (cash flows and marketable investments) to handle a spike in claims.
Other Rating Factors: Excellent capitalization (8.4) based on good current risk-adjusted capital (severe loss scenario) reflecting significant improvement over results in 2017. Excellent quality investment portfolio (7.3) containing small junk bond exposure.
Principal Lines of Business: --
Licensed in: CO
Principal Enrollment Breakdown: --
Other Highlights
Medical Loss Ratio
Medical Expense
Per Member Per Month ($)
801
Provider Compensation ($000)
Capitation Pay
Fee For Service
Contractual Pay
Salary
Bonus
0
Other
Member Physicians
Enrollment
Total Patient Encounters
Physician
Non-Physician
Corporate Info
Group Affiliation
Kaiser Foundation Health Plan Inc
Investment Rating
--
Company Address
10350 East Dakota Avenue
Denver, CO 80231
Phone Number
(800) 632-9700
NAIC Number
95669
Largest Affiliates
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Renton, WA - Health
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Honolulu, HI - Health
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Weiss Ratings