Major Rating Factors:
Weak profitability index (0.9 on a scale of 0 to 10) with operating losses during 2020 and 2021. Average return on equity over the last five years has been poor at -31.7%. Weak quality investment portfolio (0.6) containing no exposure to mortgages, junk bonds, or unaffiliated stocks. Fair overall results on stability tests (4.2) in spite of healthy premium and capital growth during 2022 but rapid enrollment growth during the past five years.
Other Rating Factors:
Excellent capitalization (7.7) based on good current risk-adjusted capital (severe loss scenario) reflecting improvement over results in 2021. Excellent liquidity (7.1) with ample operational cash flow and liquid investments.
Principal Lines of Business:
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Licensed in:
NV
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
Universal Health Services Inc
Investment Rating
Company Address
1510 Meadow Wood Lane
Reno, NV 89502
Reno, NV 89502
Phone Number
(775) 770-9300
NAIC Number
11079
Website
Largest Affiliates