AmeriHealth Caritas LA Inc
Major Rating Factors:
Good overall results on stability tests (6.0 on a scale of 0 to 10) despite excessive capital growth during 2023. Rating is significantly influenced by the strong financial results of Independence Health Group Inc. Fair profitability index (4.4) with operating losses during 2019 and 2020. Excellent capitalization (8.0) based on excellent current risk-adjusted capital (severe loss scenario) reflecting improvement over results in 2020.
Other Rating Factors:
Excellent quality investment portfolio (9.8) containing small junk bond exposure. Excellent liquidity (7.0) with ample operational cash flow and liquid investments.
Principal Lines of Business:
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Licensed in:
LA
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
Independence Health Group Inc
Investment Rating
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Company Address
200 Stevens Drive
Philadelphia, PA 19113
Philadelphia, PA 19113
Phone Number
(215) 937-8000
NAIC Number
14143
Largest Affiliates