Major Rating Factors:
Weak profitability index (0.9 on a scale of 0 to 10) with 239.2 million in losses in the last five years. Average return on equity has been extremely poor. Fair overall results on stability tests (4.8) based on excessive capital growth during 2022, an excessive 68% enrollment growth during the period. Excellent capitalization (7.0) based on good current risk-adjusted capital (severe loss scenario) reflecting improvement over results in 2020.
Other Rating Factors:
Excellent quality investment portfolio (9.9) containing small junk bond exposure. Excellent liquidity (7.1) with ample operational cash flow and liquid investments.
Principal Lines of Business:
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Licensed in:
AR, CO, IA, KS, MI, MO, NE, NV, OK, TN, TX, VA
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
Oscar Health Inc
Investment Rating
Company Address
750 North Saint Paul Place
Dallas, TX 75201
Dallas, TX 75201
Phone Number
(646) 403-3677
NAIC Number
15777
Website
Largest Affiliates