Superior HealthPlan Inc
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. Excellent profitability (9.2) with operating gains in each of the last five years. Excellent overall capitalization (8.2) based on good current risk-adjusted capital (severe loss scenario). Moreover, capital levels have been consistent in recent years.
Other Rating Factors:
Excellent overall results on stability tests (8.5) based on consistent premium and capital growth in the last five years. Rating is significantly influenced by the strong financial results of Centene Corporation. Excellent liquidity (6.9) with sufficient resources (cash flows and marketable investments) to handle a spike in claims.
Principal Lines of Business:
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Licensed in:
TX
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
Centene Corporation
Investment Rating
Company Address
Centene Plaza
Saint Louis, MO 63105
Saint Louis, MO 63105
Phone Number
(314) 725-4477
NAIC Number
95647
Largest Affiliates
