Sunshine State Health Plan Inc
Major Rating Factors:
Good liquidity (6.8 on a scale of 0 to 10) with sufficient resources (cash flows and marketable investments) to handle a spike in claims. Excellent profitability (7.7) despite a decline in earnings during 2022. Excellent overall capitalization (7.7) based on good current risk-adjusted capital (severe loss scenario). Moreover, capital levels have been consistent in recent years.
Other Rating Factors:
Excellent quality investment portfolio (7.8) containing small junk bond exposure. Excellent overall results on stability tests (7.1) based on consistent premium and capital growth in the last five years but rapid enrollment growth during the past five years. Rating is influenced by the strong financial results of Sunshine State Health Plan Inc.
Principal Lines of Business:
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Licensed in:
FL
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
Member Physicians
Enrollment
Total Patient Encounters
Physician
Non-Physician
Corporate Info
Group Affiliation
Sunshine State Health Plan Inc
Investment Rating
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Company Address
Centene Plaza
Saint Louis, MO 63105
Saint Louis, MO 63105
Phone Number
(314) 725-4477
NAIC Number
13148
Website
Largest Affiliates
