Magellan Complete Care of LA
Major Rating Factors:
Excellent profitability (8.6 on a scale of 0 to 10) despite modest operating losses during 2017. Excellent capitalization index (9.8) based on good current risk-adjusted capital (severe loss scenario). However, risk-adjusted capital has reached as low as the weak level during recent years. Excellent quality investment portfolio (9.9) containing no exposure to mortgages, junk bonds, or unaffiliated stocks.
Other Rating Factors:
Excellent overall results on stability tests (7.6) despite a decline in enrollment during 2021. Rating is significantly influenced by the acceptable financial results of Centene Corporation. Excellent liquidity (7.7) 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
Centene Corporation
Investment Rating
Company Address
14100 Magellan Plaza
Maryland Heights, MO 63043
Maryland Heights, MO 63043
Phone Number
(314) 387-4000
NAIC Number
15550
Website
Largest Affiliates
