Major Rating Factors:
Good overall profitability index (5.6 on a scale of 0 to 10) despite operating losses during 2020. Good capitalization (6.8) based on excellent current risk-adjusted capital (severe loss scenario) reflecting significant improvement over results in 2021. Good overall results on stability tests (5.4) despite rapid enrollment growth during the past five years. Rating is significantly influenced by the strong financial results of CareSource.
Other Rating Factors:
Excellent quality investment portfolio (9.5) containing small junk bond exposure. Excellent liquidity (7.5) with ample operational cash flow and liquid investments.
Principal Lines of Business:
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Licensed in:
WV
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
CareSource
Investment Rating
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Company Address
230 North Main Street
Dayton, OH 45402
Dayton, OH 45402
Phone Number
(937) 531-3300
NAIC Number
15728
Website
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Largest Affiliates