Major Rating Factors:
Good quality investment portfolio (6.7 on a scale of 0 to 10) containing junk bond exposure equal to 58.1% of capital. Good overall results on stability tests (5.7). Rating is significantly influenced by the strong financial results of Molina Healthcare Inc. Excellent profitability (8.2) despite a decline in earnings during 2022.
Other Rating Factors:
Excellent capitalization (7.0) based on good current risk-adjusted capital (severe loss scenario) reflecting improvement over results in 2020. Excellent liquidity (7.0) with ample operational cash flow and liquid investments.
Principal Lines of Business:
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Licensed in:
MI
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
Molina Healthcare Inc
Investment Rating
Company Address
880 West Long Lake Road
Troy, MI 48098
Troy, MI 48098
Phone Number
(248) 925-1700
NAIC Number
52630
Website
Largest Affiliates
