D
Sapphire Edge Inc
OmahaNE
Rating Date
September 2025
NAIC
Classification
Risk Adjusted
Capital Ratio #1
Risk Adjusted
Capital Ratio #2
Total
Assets
Capital
Health
Premiums
Net
Income
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Major Rating Factors: Weak profitability index (0.4 on a scale of 0 to 10) with operating losses during each of the last five years. Weak liquidity (2.8) as a spike in claims may stretch capacity. Fair overall results on stability tests (3.1) based on rapid enrollment growth during the past five years. Rating is significantly influenced by the acceptable financial results of GoodLife Partners Inc.
Other Rating Factors: Good capitalization (6.2) based on good current risk-adjusted capital (severe loss scenario). However, risk-adjusted capital has reached as low as the fair level during recent years. Excellent quality investment portfolio (9.3) containing small junk bond exposure.
Principal Lines of Business: --
Licensed in: NE
Principal Enrollment Breakdown: --
Other Highlights
Medical Loss Ratio
Medical Expense
Per Member Per Month ($)
30
Provider Compensation ($000)
Capitation Pay
0
Fee For Service
0
Contractual Pay
Salary
0
Bonus
0
Other
243
Member Physicians
Enrollment
Total Patient Encounters
Physician
Non-Physician
753
Corporate Info
Group Affiliation
GoodLife Partners Inc
Investment Rating
--
Company Address
1919 Aksarben Drive
Omaha, NE 68180
Phone Number
(402) 819-4242
NAIC Number
15901
Largest Affiliates