WellCare Prescription Ins Inc
Major Rating Factors:
Fair overall results on stability tests (4.0 on a scale of 0 to 10) based on rapid enrollment growth during the past five years. Excellent profitability (8.7) with operating gains in each of the last five years. Excellent overall capitalization (8.3) based on good current risk-adjusted capital (severe loss scenario) despite some fluctuation in capital levels.
Other Rating Factors:
Excellent quality investment portfolio (9.9) containing little or no exposure to mortgages, junk bonds, or unaffiliated stocks. Excellent liquidity (9.0) with ample operational cash flow and liquid investments.
Principal Lines of Business:
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Licensed in:
All states
Principal Enrollment Breakdown:
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