B
PacificSource Cmnty Hlth Plans
BendOR
Rating Date
September 2023
NAIC
Classification
Risk Adjusted
Capital Ratio #1
Risk Adjusted
Capital Ratio #2
Total
Assets
Capital
Health
Premiums
Net
Income
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Major Rating Factors: Good overall profitability index (6.5 on a scale of 0 to 10) despite a decline in earnings during 2021. Good liquidity (6.5) with sufficient resources (cash flows and marketable investments) to handle a spike in claims. Fair quality investment portfolio (3.4).
Other Rating Factors: Excellent overall capitalization (9.4) based on good current risk-adjusted capital (severe loss scenario). Moreover, capital levels have been consistent in recent years. Excellent overall results on stability tests (7.4) based on consistent premium and capital growth in the last five years.
Principal Lines of Business: --
Licensed in: ID, MT, OR, WA
Principal Enrollment Breakdown: --
Other Highlights
Medical Loss Ratio
Medical Expense
Per Member Per Month ($)
Provider Compensation ($000)
Capitation Pay
Fee For Service
81
Contractual Pay
Salary
0
Bonus
Other
--
Member Physicians
Enrollment
Total Patient Encounters
Physician
Non-Physician
Corporate Info
Group Affiliation
PacificSource
Investment Rating
--
Company Address
2965 Northeast Conners Avenue
Bend, OR 97701
Phone Number
(541) 385-5315
NAIC Number
12595
Largest Affiliates
B
Springfield, OR - Health
Weiss Ratings