Major Rating Factors:
Fair quality investment portfolio (3.8 on a scale of 0 to 10). Weak profitability index (2.6) with operating losses during 2020, 2021 and 2023. Good overall results on stability tests (5.8) despite a decline in enrollment during 2023.
Other Rating Factors:
Excellent liquidity (6.9) with sufficient resources (cash flows and marketable investments) to handle a spike in claims. Excellent overall capitalization (8.3) based on excellent current risk-adjusted capital (severe loss scenario) despite some fluctuation in capital levels.
Principal Lines of Business:
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Licensed in:
MA, RI
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
Point32Health Inc
Investment Rating
--
Company Address
One Wellness Way
Canton, MA 02021
Canton, MA 02021
Phone Number
(617) 972-9400
NAIC Number
14131
Website
Largest Affiliates