Major Rating Factors:
Weak profitability index (0.9 on a scale of 0 to 10) with 42.3 million in losses in the last three years. Fair capitalization (4.2) based on weak current risk-adjusted capital (severe loss scenario) reflecting improvement over results in 2021. Fair quality investment portfolio (3.9).
Other Rating Factors:
Fair overall results on stability tests (3.9) based on excessive capital growth during 2022, fair risk diversification due to the company's size. Rating is influenced by the weak financial results of The University of Utah. Excellent liquidity (7.1) with ample operational cash flow and liquid investments.
Principal Lines of Business:
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Licensed in:
UT
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
The University of Utah
Investment Rating
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Company Address
6053 Fashion Square Drive
Murray, UT 84107
Murray, UT 84107
Phone Number
(801) 587-6480
NAIC Number
15648
Website
Largest Affiliates