SelectCare of Texas Inc
Major Rating Factors:
Good quality investment portfolio (6.7 on a scale of 0 to 10) containing significant exposure to junk bonds. Good overall results on stability tests (5.2) despite a decline in enrollment during 2022. Rating is significantly influenced by the strong financial results of Centene Corporation. Excellent profitability (7.7) with operating gains in each of the last five years.
Other Rating Factors:
Excellent capitalization index (8.1) based on excellent current risk-adjusted capital (severe loss scenario) despite some fluctuation in capital levels. Excellent liquidity (7.0) with ample operational cash flow and liquid investments.
Principal Lines of Business:
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Licensed in:
TX
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
Centene Corporation
Investment Rating
Company Address
7700 Forsyth Boulevard
Saint Louis, MO 63105
Saint Louis, MO 63105
Phone Number
(314) 725-4477
NAIC Number
10096
Website
Largest Affiliates