Molina Hlthcr of Texas Inc
Major Rating Factors:
Good overall profitability index (5.6 on a scale of 0 to 10) despite operating losses during 2021. Good quality investment portfolio (6.7) containing significant exposure to junk bonds. Good overall results on stability tests (6.1) despite a decline in the number of member physicians during 2023.
Other Rating Factors:
Excellent liquidity (6.9) with sufficient resources (cash flows and marketable investments) to handle a spike in claims. Excellent capitalization (7.1) based on excellent current risk-adjusted capital (severe loss scenario) reflecting improvement over results in 2021.
Principal Lines of Business:
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Licensed in:
TX
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
Molina Healthcare Inc
Investment Rating
Company Address
200 Oceangate
Long Beach, CA 90802
Long Beach, CA 90802
Phone Number
(888) 562-5442
NAIC Number
10757
Website
Largest Affiliates