UnitedHealthcare of Texas Inc
Major Rating Factors:
Fair profitability index (3.5 on a scale of 0 to 10) with operating losses during 2021 and 2022. Return on equity has been low, averaging 2.5% over the last five years. Fair quality investment portfolio (4.2) containing no exposure to mortgages, junk bonds, or unaffiliated stocks. Good overall results on stability tests (5.6) 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.
Other Rating Factors:
Excellent capitalization (7.5) based on excellent current risk-adjusted capital (severe loss scenario) reflecting improvement over results in 2021. Excellent liquidity (7.7) 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
UnitedHealth Group Incorporated
Investment Rating
Company Address
9800 Health Care Lane
Minnetonka, MN 55343
Minnetonka, MN 55343
Phone Number
(469) 633-8512
NAIC Number
95765
Website
Largest Affiliates