A
SelectHealth Inc
MurrayUT
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: Excellent profitability (7.8 on a scale of 0 to 10) despite a decline in earnings during 2022. Excellent overall capitalization (10.0) based on good current risk-adjusted capital (severe loss scenario) despite some fluctuation in capital levels. Excellent overall results on stability tests (7.1) based on steady enrollment growth, averaging 7% over the past five years, consistent premium and capital growth in the last five years.
Other Rating Factors: Good quality investment portfolio (6.5) containing junk bond exposure equal to 83.2% of capital. Good liquidity (6.5) with sufficient resources (cash flows and marketable investments) to handle a spike in claims.
Principal Lines of Business: --
Licensed in: ID, NV, UT
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
Intermountain Health Care Inc
Investment Rating
--
Company Address
5381 South Green Street
Murray, UT 84123
Phone Number
(801) 442-5000
NAIC Number
95153
Largest Affiliates
B
Murray, UT - Health