Major Rating Factors:
Fair overall results on stability tests (3.4 on a scale of 0 to 10) based on excessive premium growth during 2022, inordinate decline in capital during 2022. Rating is significantly influenced by the strong financial results of Baylor Scott & White Holdings. Good quality investment portfolio (5.4) containing junk bond exposure equal to 51.1% of capital. Excellent overall capitalization (10.0) based on excellent current risk-adjusted capital (severe loss scenario) despite some fluctuation in capital levels.
Other Rating Factors:
Excellent liquidity (7.0) with ample operational cash flow and liquid investments. Weak profitability index (2.7) with 23.8 million in losses in the last two years.
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
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Member Physicians
Enrollment
Total Patient Encounters
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Non-Physician
Corporate Info
Group Affiliation
Baylor Scott & White Holdings
Investment Rating
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Company Address
1206 West Campus Drive
Temple, TX 76502
Temple, TX 76502
Phone Number
(254) 298-3000
NAIC Number
11670
Website
Largest Affiliates