Major Rating Factors:
Fair profitability index (4.0 on a scale of 0 to 10) due to a decline in earnings during 2022. Average return on equity over the last five years has been poor at -1.6%. Fair overall results on stability tests (4.7). Excellent overall capitalization (9.1) based on excellent current risk-adjusted capital (severe loss scenario) despite some fluctuation in capital levels.
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:
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Licensed in:
OH
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
Summa Health
Investment Rating
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Company Address
1200 East Market Street
Akron, OH 44305
Akron, OH 44305
Phone Number
(330) 996-8410
NAIC Number
10649
Website
Largest Affiliates