Major Rating Factors:
Weak profitability index (1.3 on a scale of 0 to 10) with 3.9 million in losses in the last two years. Average return on equity over the last five years has been poor at -10.1%. Weak overall results on stability tests (2.3) based on a steep decline in capital during 2022. Rating is significantly influenced by the acceptable financial results of Wisconsin Physicians Service Ins Corporation. Good liquidity (5.6) with sufficient resources (cash flows and marketable investments) to handle a spike in claims.
Other Rating Factors:
Excellent overall capitalization (8.0) based on excellent current risk-adjusted capital (severe loss scenario) despite some fluctuation in capital levels. Excellent quality investment portfolio (9.5) containing small junk bond exposure.
Principal Lines of Business:
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Licensed in:
WI
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
Wisconsin Physicians Service Ins Corporation
Investment Rating
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Company Address
1717 West Broadway
Madison, WI 53713
Madison, WI 53713
Phone Number
(608) 977-5000
NAIC Number
10159
Website
Largest Affiliates