Major Rating Factors:
Fair quality investment portfolio (3.9 on a scale of 0 to 10). Good profitability index (5.0) due to a decline in earnings during 2022. Good liquidity (6.8) with sufficient resources (cash flows and marketable investments) to handle a spike in claims.
Other Rating Factors:
Excellent overall capitalization (9.7) based on excellent current risk-adjusted capital (severe loss scenario) despite some fluctuation in capital levels. Excellent overall results on stability tests (7.7) based on steady enrollment growth, averaging 9% over the past five years, consistent premium and capital growth in the last five years.
Principal Lines of Business:
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Licensed in:
OH, WV
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
The Health Plan of West Virginia Inc
Investment Rating
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Company Address
1110 Main Street
Wheeling, WV 26003
Wheeling, WV 26003
Phone Number
(740) 695-3585
NAIC Number
95677
Website
Largest Affiliates