Major Rating Factors:
Good overall results on stability tests (5.1 on a scale of 0 to 10) despite excessive capital growth during 2022. Rating is significantly influenced by the excellent financial results of McLaren Health Care Corporation. Excellent capitalization (9.0) based on excellent current risk-adjusted capital (severe loss scenario) reflecting improvement over results in 2020. Excellent quality investment portfolio (9.6).
Other Rating Factors:
Excellent liquidity (7.3) with ample operational cash flow and liquid investments. Weak profitability index (0.9) with 24.2 million in losses in the last four years.
Principal Lines of Business:
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Licensed in:
MI
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
McLaren Health Care Corporation
Investment Rating
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Company Address
G-3245 Beecher Road
Flint, MI 48532
Flint, MI 48532
Phone Number
(888) 327-0671
NAIC Number
14217
Website
Largest Affiliates