Major Rating Factors:
Fair overall results on stability tests (4.1 on a scale of 0 to 10) based on inconsistent enrollment growth in the past five years due to declines in 2019, 2020 and 2021. Weak profitability index (2.8) with operating losses during 2021. Weak quality investment portfolio (1.8).
Other Rating Factors:
Excellent capitalization (7.4) based on excellent current risk-adjusted capital (severe loss scenario) reflecting improvement over results in 2021. Excellent liquidity (6.9) with sufficient resources (cash flows and marketable investments) to handle a spike in claims.
Principal Lines of Business:
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Licensed in:
MI
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
Henry Ford Health System
Investment Rating
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Company Address
2850 West Grand Boulevard
Detroit, MI 48202
Detroit, MI 48202
Phone Number
(313) 872-8100
NAIC Number
95844
Website
Largest Affiliates