B
Samaritan Health Plans Inc
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 capitalization (5.3 on a scale of 0 to 10) based on fair current risk-adjusted capital (severe loss scenario). Good liquidity (5.1) with sufficient resources (cash flows and marketable investments) to handle a spike in claims. Excellent quality investment portfolio (9.6) containing small junk bond exposure.
Other Rating Factors: Weak profitability index (1.1) with operating losses during 2018, 2021 and 2022. Weak overall results on stability tests (1.6). Potentially strong support from affiliation with Samaritan Health Services Inc.
Principal Lines of Business: --
Licensed in: OR
Principal Enrollment Breakdown: --
Other Highlights
Medical Loss Ratio
Medical Expense
Per Member Per Month ($)
Provider Compensation ($000)
Capitation Pay
0
Fee For Service
299
Contractual Pay
Salary
0
Bonus
837
Other
--
Member Physicians
Enrollment
Total Patient Encounters
Physician
Non-Physician
Corporate Info
Group Affiliation
Samaritan Health Services Inc
Investment Rating
--
Company Address
2300 Northwest Walnut Boulevard
Corvallis, OR 97330
Phone Number
(541) 768-5328
NAIC Number
12257
Largest Affiliates
A
Corvallis, OR - Health