Major Rating Factors:
Weak profitability index (1.6 on a scale of 0 to 10) with 9.1 million in losses in the current year. Average return on equity over the last five years has been poor at -1.4%. Weak overall results on stability tests (0.9) based on an excessive 42% enrollment growth during the period, a steep decline in capital during 2022. Fair quality investment portfolio (3.3) containing no exposure to mortgages, junk bonds, or unaffiliated stocks.
Other Rating Factors:
Excellent capitalization (7.7) based on excellent current risk-adjusted capital (severe loss scenario) reflecting significant improvement over results in 2018. Excellent liquidity (6.9) with sufficient resources (cash flows and marketable investments) to handle a spike in claims.
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