Major Rating Factors:
Fair profitability index (3.8 on a scale of 0 to 10) with operating losses during 2018 and 2022. Weak quality investment portfolio (0.9). Good overall capitalization (5.4) based on good current risk-adjusted capital (severe loss scenario). However, capital levels have fluctuated somewhat during past years.
Other Rating Factors:
Good overall results on stability tests (5.2) despite excessive capital growth during 2022. Good liquidity (6.8) with sufficient resources (cash flows and marketable investments) to handle a spike in claims.
Principal Lines of Business:
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Licensed in:
IA, IL, WI
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
Quartz Health Plan Corporation
Investment Rating
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Company Address
2650 Novation Pkwy
Fitchburg, WI 53713
Fitchburg, WI 53713
Phone Number
(608) 643-2491
NAIC Number
95101
Website
Largest Affiliates