Major Rating Factors:
Weak profitability index (0.9 on a scale of 0 to 10) with 66.3 million in losses in the last three years. Good overall results on stability tests (5.8). Rating is significantly influenced by the acceptable financial results of Point32Health Inc. Good liquidity (5.2) with sufficient resources (cash flows and marketable investments) to handle a spike in claims.
Other Rating Factors:
Excellent capitalization (7.1) based on good current risk-adjusted capital (severe loss scenario) reflecting improvement over results in 2021. Excellent quality investment portfolio (8.5) containing small junk bond exposure.
Principal Lines of Business:
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Licensed in:
MA, NH
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
Member Physicians
Enrollment
Total Patient Encounters
Physician
Non-Physician
Corporate Info
Group Affiliation
Point32Health Inc
Investment Rating
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Company Address
One Wellness Way
Canton, MA 02021
Canton, MA 02021
Phone Number
(617) 972-9400
NAIC Number
96717
Website
Largest Affiliates
