Major Rating Factors:
Fair capitalization index (3.7 on a scale of 0 to 10) based on fair current risk-adjusted capital (severe loss scenario) as results have slipped from the good range over the last two years. Fair liquidity (4.5) as cash resources may not be adequate to cover a spike in claims. Excellent quality investment portfolio (9.6) containing small junk bond exposure.
Other Rating Factors:
Weak profitability index (0.9) with operating losses during 2018, 2021 and 2022. Weak overall results on stability tests (0.8) based on a steep decline in capital during 2022. 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