D
Kaiser Fndtn Hlth Plan of WA
RentonWA
Rating Date
June 2024
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: Weak profitability index (0.8 on a scale of 0 to 10) with 637.3 million in losses in the last three years. Good overall capitalization (6.6) based on fair current risk-adjusted capital (severe loss scenario). Good overall results on stability tests (5.7).
Other Rating Factors: Good liquidity (5.4) with sufficient resources (cash flows and marketable investments) to handle a spike in claims. Excellent quality investment portfolio (8.9) containing small junk bond exposure.
Principal Lines of Business: --
Licensed in: WA
Principal Enrollment Breakdown: --
Other Highlights
Medical Loss Ratio
Medical Expense
Per Member Per Month ($)
Provider Compensation ($000)
Capitation Pay
Fee For Service
Contractual Pay
Salary
0
Bonus
Other
Member Physicians
Enrollment
Total Patient Encounters
Physician
Non-Physician
Corporate Info
Group Affiliation
Kaiser Foundation Health Plan Inc
Investment Rating
--
Company Address
1300 Southwest 27th Street
Renton, WA 98057
Phone Number
(888) 901-4636
NAIC Number
95672
Largest Affiliates
C
Rockville, MD - Health
B
Denver, CO - Health
B
Portland, OR - Health
C
Honolulu, HI - Health
C
Atlanta, GA - Health