Major Rating Factors:
Fair overall results on stability tests (4.4 on a scale of 0 to 10). Rating is significantly influenced by the weak financial results of EmblemHealth Inc. Excellent quality investment portfolio (6.9) containing moderate junk bond exposure. Excellent profitability (7.8) despite a decline in earnings during 2023.
Other Rating Factors:
Excellent overall capitalization (7.5) based on excellent current risk-adjusted capital (severe loss scenario) despite some fluctuation in capital levels. Excellent liquidity (9.2) with ample operational cash flow and liquid investments.
Principal Lines of Business:
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Licensed in:
MA
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
EmblemHealth Inc
Investment Rating
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Company Address
55 Water Street
New York, NY 10041
New York, NY 10041
Phone Number
(646) 447-5000
NAIC Number
95299
Website
Largest Affiliates