B
Rocky Mtn Hosp & Med Svc Inc
DenverCO
Rating Date
June 2024
NAIC
Classification
Risk Adjusted
Capital Ratio #1
Risk Adjusted
Capital Ratio #2
Total
Assets
Capital
Health
Premiums
Net
Income
Loading...
Major Rating Factors: Good liquidity (6.5 on a scale of 0 to 10) with sufficient resources (cash flows and marketable investments) to handle a spike in claims. Fair quality investment portfolio (4.6). Excellent profitability (8.5) with operating gains in each of the last five years.
Other Rating Factors: Excellent overall capitalization (8.2) based on good current risk-adjusted capital (severe loss scenario) despite some fluctuation in capital levels. Excellent overall results on stability tests (7.9) based on steady enrollment growth, averaging 8% over the past five years, consistent premium and capital growth in the last five years. Rating is significantly influenced by the strong financial results of Elevance Health Inc.
Principal Lines of Business: --
Licensed in: CO, NV
Principal Enrollment Breakdown: --
Other Highlights
Medical Loss Ratio
Medical Expense
Per Member Per Month ($)
735
Provider Compensation ($000)
Capitation Pay
837
Fee For Service
Contractual Pay
Salary
0
Bonus
Other
--
Member Physicians
Enrollment
Total Patient Encounters
Physician
Non-Physician
Corporate Info
Group Affiliation
Elevance Health Inc
Investment Rating
ELV
Company Address
700 Broadway
Denver, CO 80273
Phone Number
(303) 831-2131
NAIC Number
11011
Largest Affiliates
B
Indianapolis, IN - Health
B
Richmond, VA - Health
B
Mason, OH - Health
B
New York, NY - Health
B
Indianapolis, IN - Health