Major Rating Factors:
Fair profitability index (2.9 on a scale of 0 to 10) with 5.8 million in losses in the current year. Return on equity has been fair, averaging 7.1% over the last five years. Fair overall results on stability tests (3.5) based on fair risk diversification due to the company's size. Good liquidity (6.0) with sufficient resources (cash flows and marketable investments) to handle a spike in claims.
Other Rating Factors:
Excellent overall capitalization (8.7) based on excellent current risk-adjusted capital (severe loss scenario) despite some fluctuation in capital levels. Excellent quality investment portfolio (7.2) containing small junk bond exposure.
Principal Lines of Business:
--
Licensed in:
IA, IL, NE
Principal Enrollment Breakdown:
--
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
Medical Associates Clinic PC
Investment Rating
--
Company Address
1605 Associates Drive
Dubuque, IA 52002
Dubuque, IA 52002
Phone Number
(563) 556-8070
NAIC Number
52559
Website
Largest Affiliates