Major Rating Factors:
Weak profitability index (0.6 on a scale of 0 to 10) with 254.0 million in losses in the last two years. Average return on equity over the last five years has been poor at -16.6%. Weak capitalization index (2.5) based on weak current risk-adjusted capital (severe loss scenario). Weak liquidity (0.0) as a spike in claims may stretch capacity.
Other Rating Factors:
Good overall results on stability tests (5.4) despite weak risk-adjusted capital in prior years. Rating is significantly influenced by the strong financial results of GuideWell Mutual Holding Corporation. Excellent quality investment portfolio (7.2) containing small junk bond exposure.
Principal Lines of Business:
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Licensed in:
PR
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
GuideWell Mutual Holding Corporation
Investment Rating
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Company Address
1441 F.D. Roosevelt Ave.
San Juan, PR 00920
San Juan, PR 00920
Phone Number
(787) 620-1919
NAIC Number
11152
Largest Affiliates