Major Rating Factors:
Fair overall results on stability tests (4.4 on a scale of 0 to 10). Rating is significantly influenced by the strong financial results of Centene Corporation. Good liquidity (6.8) with sufficient resources (cash flows and marketable investments) to handle a spike in claims. Weak profitability index (0.9) with 3.5 million in losses in the last two years. Average return on equity over the last five years has been poor at -21.4%.
Other Rating Factors:
Excellent capitalization (9.8) based on excellent current risk-adjusted capital (severe loss scenario) reflecting improvement over results in 2018. Excellent quality investment portfolio (7.7) containing small junk bond exposure.
Principal Lines of Business:
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Licensed in:
MS
Principal Enrollment Breakdown:
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Other Highlights
Medical Loss Ratio
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Provider Compensation ($000)
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Member Physicians
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Corporate Info
Group Affiliation
Centene Corporation
Investment Rating
Company Address
1020 Highland Colony Parkway
Ridgeland, MS 39157
Ridgeland, MS 39157
Phone Number
(314) 725-4477
NAIC Number
13923
Largest Affiliates