C
Molina Hlthcr of Texas Inc
Rating Date
September 2023
NAIC
Classification
Risk Adjusted
Capital Ratio #1
Risk Adjusted
Capital Ratio #2
Total
Assets
Capital
Health
Premiums
Net
Income
Loading...
Major Rating Factors: Fair overall results on stability tests (4.8 on a scale of 0 to 10) based on an excessive 77% enrollment growth during the period. Potential support from affiliation with Molina Healthcare Inc. Good overall profitability index (5.1) despite 29.3 million in losses in the current year. Excellent capitalization (6.9) based on good current risk-adjusted capital (severe loss scenario).
Other Rating Factors: Weak quality investment portfolio (1.7). Excellent liquidity (7.0) with ample operational cash flow and liquid investments.
Principal Lines of Business: --
Licensed in: TX
Principal Enrollment Breakdown: --
Other Highlights
Medical Loss Ratio
Medical Expense
Per Member Per Month ($)
Provider Compensation ($000)
Capitation Pay
Fee For Service
Contractual Pay
Salary
0
Bonus
0
Other
--
Member Physicians
Enrollment
Total Patient Encounters
Physician
Non-Physician
Corporate Info
Group Affiliation
Molina Healthcare Inc
Investment Rating
MOH
Company Address
200 Oceangate
Long Beach, CA 90802
Phone Number
(888) 562-5442
NAIC Number
10757
Largest Affiliates
B
Bothell, WA - Health
B
Columbus, OH - Health
C
Oak Brook, IL - Health
C
B
Richmond, VA - Health
Weiss Ratings