B
Superior HealthPlan Inc
Rating Date
September 2025
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: Good quality investment portfolio (5.3 on a scale of 0 to 10) containing junk bond exposure equal to 90.2% of capital. Good overall results on stability tests (6.8). Rating is significantly influenced by the strong financial results of Centene Corporation. Excellent profitability (8.2) with operating gains in each of the last five years.
Other Rating Factors: Excellent capitalization index (8.0) based on excellent current risk-adjusted capital (severe loss scenario) despite some fluctuation in capital levels. Excellent liquidity (6.9) with sufficient resources (cash flows and marketable investments) to handle a spike in claims.
Principal Lines of Business: --
Licensed in: TX
Principal Enrollment Breakdown: --
Other Highlights
Medical Loss Ratio
Medical Expense
Per Member Per Month ($)
Provider Compensation ($000)
Capitation Pay
Fee For Service
0
Contractual Pay
Salary
Bonus
Other
--
Member Physicians
Enrollment
Total Patient Encounters
Physician
Non-Physician
Corporate Info
Group Affiliation
Centene Corporation
Investment Rating
CNC
Company Address
Centene Plaza
Saint Louis, MO 63105
Phone Number
(314) 725-4477
NAIC Number
95647
Largest Affiliates
B
Saint Louis, MO - Health
C
Saint Louis, MO - Health
C
Chicago, IL - Health
C
Saint Louis, MO - Health
B
Saint Louis, MO - Health