B
CareSource Indiana Inc
DaytonOH
Rating Date
June 2024
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 overall profitability index (5.1 on a scale of 0 to 10) despite 12.5 million in losses in the current year. Good overall results on stability tests (6.6). Excellent capitalization (7.0) based on good current risk-adjusted capital (severe loss scenario) reflecting improvement over results in 2020.
Other Rating Factors: Excellent quality investment portfolio (9.9) containing small junk bond exposure. Excellent liquidity (7.1) with ample operational cash flow and liquid investments.
Principal Lines of Business: --
Licensed in: IN
Principal Enrollment Breakdown: --
Other Highlights
Medical Loss Ratio
Medical Expense
Per Member Per Month ($)
315
Provider Compensation ($000)
Capitation Pay
Fee For Service
0
Contractual Pay
Salary
0
Bonus
0
Other
--
Member Physicians
Enrollment
Total Patient Encounters
Physician
Non-Physician
Corporate Info
Group Affiliation
CareSource
Investment Rating
--
Company Address
230 North Main Street
Dayton, OH 45402
Phone Number
(937) 224-3300
NAIC Number
10142
Website
--
Largest Affiliates
A
Dayton, OH - Health
B
Atlanta, GA - Health
B
Dayton, OH - Health
B
Dayton, OH - Health
U
Dayton, OH - Health
Weiss Ratings