Major Rating Factors:
Weak profitability index (1.3 on a scale of 0 to 10) due to a decline in earnings during 2021. Good overall results on stability tests (6.2) based on consistent premium and capital growth in the last five years, steady enrollment growth, averaging 1% over the past five years. Rating is significantly 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 overall capitalization (10.0) based on good current risk-adjusted capital (severe loss scenario) despite some fluctuation in capital levels. Excellent quality investment portfolio (9.3) containing small junk bond exposure.
Principal Lines of Business:
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Licensed in:
HI
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
Kaiser Foundation Health Plan Inc
Investment Rating
--
Company Address
711 Kapiolani Boulevard
Honolulu, HI 96813
Honolulu, HI 96813
Phone Number
(808) 432-5955
NAIC Number
11538
Largest Affiliates
