Major Rating Factors:
Fair profitability index (3.3 on a scale of 0 to 10) with modest operating losses during 2018 and 2021. Excellent capitalization (7.1) based on good current risk-adjusted capital (severe loss scenario) reflecting significant improvement over results in 2018. Excellent quality investment portfolio (9.7) containing small junk bond exposure.
Other Rating Factors:
Excellent liquidity (6.9) with sufficient resources (cash flows and marketable investments) to handle a spike in claims. Weak overall results on stability tests (2.1) based on a significant -17% decrease in enrollment during the period, an inordinate decline in premium revenue in 2021 and fair risk-adjusted capital in prior years. Potentially strong support from affiliation with Samaritan Health Services Inc.
Principal Lines of Business:
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Licensed in:
OR
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
Samaritan Health Services Inc
Investment Rating
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Company Address
2300 Northwest Walnut Boulevard
Corvallis, OR 97330
Corvallis, OR 97330
Phone Number
(541) 768-5328
NAIC Number
12257
Website
Largest Affiliates
