Major Rating Factors:
Good overall results on stability tests (6.0 on a scale of 0 to 10) based on consistent premium and capital growth in the last five years but a decline in the number of member physicians during 2023 and rapid enrollment growth during the past five years. Rating is significantly influenced by the strong financial results of UnitedHealth Group Incorporated. Excellent liquidity (6.9) with sufficient resources (cash flows and marketable investments) to handle a spike in claims. Excellent profitability (9.3) with operating gains in each of the last five years.
Other Rating Factors:
Excellent capitalization (9.4) based on excellent current risk-adjusted capital (severe loss scenario) reflecting improvement over results in 2021. Excellent quality investment portfolio (9.1) containing small junk bond exposure.
Principal Lines of Business:
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Licensed in:
IN, KY
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
UnitedHealth Group Incorporated
Investment Rating
Company Address
230 Lexington Green Circle
Lexington, KY 40503
Lexington, KY 40503
Phone Number
(859) 825-6132
NAIC Number
96644
Website
Largest Affiliates