B
Sentara Health Plan
Rating Date
April 2025
NAIC
Classification
Risk Adjusted
Capital Ratio #1
Risk Adjusted
Capital Ratio #2
Total
Assets
Capital
Health
Premiums
Net
Income
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Major Rating Factors: Good overall profitability index (5.5 on a scale of 0 to 10) despite a decline in earnings during 2022. Good overall results on stability tests (6.6) based on steady enrollment growth, averaging 7% over the past five years. Rating is influenced by the strong financial results of Sentara Health. Excellent capitalization index (7.2) based on excellent current risk-adjusted capital (severe loss scenario) despite some fluctuation in capital levels.
Other Rating Factors: Excellent quality investment portfolio (9.9) containing small junk bond exposure. Excellent liquidity (6.9) with sufficient resources (cash flows and marketable investments) to handle a spike in claims.
Principal Lines of Business: --
Licensed in: VA
Principal Enrollment Breakdown: --
Other Highlights
Medical Loss Ratio
Medical Expense
Per Member Per Month ($)
Provider Compensation ($000)
Capitation Pay
Fee For Service
0
Contractual Pay
Salary
0
Bonus
Other
--
Member Physicians
Enrollment
Total Patient Encounters
Physician
Non-Physician
Corporate Info
Group Affiliation
Sentara Health
Investment Rating
--
Company Address
1300 Sentara Park
Virginia Beach, VA 23464
Phone Number
(757) 552-7401
NAIC Number
95281
Largest Affiliates
C
Doral, FL - Health
B
Virginia Beach, VA - Health
U
Virginia Beach, VA - Health
U
Virginia Beach, VA - Health
U
Virginia Beach, VA - Health