Major Rating Factors:
Weak profitability index (0.9 on a scale of 0 to 10) with 30.6 million in losses in the last two years. Average return on equity over the last five years has been poor at -44.5%. Weak overall results on stability tests (2.3) based on excessive premium growth during 2023, good risk-adjusted capital in prior years and rapid enrollment growth during the past five years. Weak liquidity (0.0) as a spike in claims may stretch capacity.
Other Rating Factors:
Fair quality investment portfolio (3.6) containing no exposure to mortgages, junk bonds, or unaffiliated stocks. Good overall capitalization (5.9) based on good current risk-adjusted capital (severe loss scenario).
Principal Lines of Business:
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Licensed in:
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
Centra Health Inc
Investment Rating
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Company Address
1920 Atherholt Road
Lynchburg, VA 24501
Lynchburg, VA 24501
Phone Number
(434) 947-4463
NAIC Number
15791
Website
Largest Affiliates