Major Rating Factors:
Fair overall results on stability tests (4.2 on a scale of 0 to 10) based on inordinate decline in capital during 2023, an overall decline in enrollment over the past five years and a decline in the number of member physicians during 2023. Rating is significantly influenced by the strong financial results of UnitedHealth Group Incorporated. Excellent profitability (8.0) despite a decline in earnings during 2023. Excellent overall capitalization (10.0) based on excellent current risk-adjusted capital (severe loss scenario) despite some fluctuation in capital levels.
Other Rating Factors:
Excellent liquidity (7.4) with ample operational cash flow and liquid investments. Weak quality investment portfolio (0.3) containing little or no exposure to mortgages, junk bonds, or unaffiliated stocks.
Principal Lines of Business:
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Licensed in:
DC, MD, VA
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
10175 Little Patuxent Parkway
Columbia, MD 21044
Columbia, MD 21044
Phone Number
(240) 683-5250
NAIC Number
96310
Website
Largest Affiliates