Major Rating Factors:
Weak profitability index (1.4 on a scale of 0 to 10) with operating losses during 2020, 2021 and 2022. Fair overall results on stability tests (4.1) based on an overall decline in enrollment over the past five years. Good capitalization (6.4) based on good current risk-adjusted capital (severe loss scenario) reflecting significant improvement over results in 2021.
Other Rating Factors:
Excellent quality investment portfolio (9.9) containing small junk bond exposure. Excellent liquidity (8.9) 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
6056 Fashion Square Drive
Murray, UT 84107
Murray, UT 84107
Phone Number
(801) 587-6480
NAIC Number
15648
Website
Largest Affiliates