UnitedHealthcare of New Mexico
Major Rating Factors:
Fair profitability index (4.6 on a scale of 0 to 10) due to a decline in earnings during 2022. Fair quality investment portfolio (4.6). Fair overall results on stability tests (4.0) based on a steep decline in premium revenue in 2022, rapid enrollment growth during the past five years. Rating is significantly influenced by the strong financial results of UnitedHealth Group Incorporated.
Other Rating Factors:
Excellent overall capitalization (10.0) based on excellent current risk-adjusted capital (severe loss scenario) despite some fluctuation in capital levels. Excellent liquidity (9.0) with ample operational cash flow and liquid investments.
Principal Lines of Business:
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Licensed in:
NM
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
UnitedHealth Group Incorporated
Investment Rating
Company Address
303 Roma Avenue, NW
Albuquerque, NM 87102
Albuquerque, NM 87102
Phone Number
(505) 449-4131
NAIC Number
13214
Website
Largest Affiliates