Major Rating Factors:
Fair capitalization index (4.7 on a scale of 0 to 10) based on fair current risk-adjusted capital (severe loss scenario). Good overall results on stability tests (5.6) despite fair risk-adjusted capital in prior years. Rating is significantly influenced by the strong financial results of Louisiana Health Service & Indemnity Co. Good liquidity (6.8) with sufficient resources (cash flows and marketable investments) to handle a spike in claims.
Other Rating Factors:
Weak profitability index (1.0) with 18.3 million in losses in the last three years. Average return on equity over the last five years has been poor at -1.3%. Excellent quality investment portfolio (7.1) containing no exposure to mortgages, junk bonds, or unaffiliated stocks.
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