Major Rating Factors:
Fair quality investment portfolio (4.1 on a scale of 0 to 10) containing no exposure to mortgages, junk bonds, or unaffiliated stocks. Fair overall results on stability tests (3.1). Rating is significantly influenced by the strong financial results of Louisiana Health Service & Indemnity Co. Good capitalization (5.3) based on good current risk-adjusted capital (severe loss scenario) reflecting some improvement over results in 2018.
Other Rating Factors:
Good liquidity (6.3) with sufficient resources (cash flows and marketable investments) to handle a spike in claims. Weak profitability index (2.1) with operating losses during 2021 and 2022. Return on equity has been fair, averaging 7.2% over the last five years.
Principal Lines of Business:
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Licensed in:
LA
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
Louisiana Health Service & Indemnity Co
Investment Rating
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Company Address
130 DeSiard Street
Monroe, LA 71201
Monroe, LA 71201
Phone Number
(318) 361-0900
NAIC Number
95584
Website
Largest Affiliates