C
LifeWorks Advantage LLC
Rating Date
September 2025
NAIC
Classification
Risk Adjusted
Capital Ratio #1
Risk Adjusted
Capital Ratio #2
Total
Assets
Capital
Health
Premiums
Net
Income
Loading...
Major Rating Factors: Fair overall results on stability tests (4.4 on a scale of 0 to 10) based on fair risk diversification due to the company's size. Good overall profitability index (6.7) despite operating losses during 2018. Excellent capitalization (7.5) based on excellent current risk-adjusted capital (severe loss scenario) reflecting significant improvement over results in 2018.
Other Rating Factors: Excellent quality investment portfolio (9.4) containing no exposure to mortgages, junk bonds, or unaffiliated stocks. Excellent liquidity (7.5) with ample operational cash flow and liquid investments.
Principal Lines of Business: --
Licensed in: VA
Principal Enrollment Breakdown: --
Other Highlights
Medical Loss Ratio
Medical Expense
Per Member Per Month ($)
Provider Compensation ($000)
Capitation Pay
Fee For Service
0
Contractual Pay
Salary
0
Bonus
786
Other
--
Member Physicians
Enrollment
414
Total Patient Encounters
Physician
Non-Physician
Corporate Info
Group Affiliation
New Enterprise Associates Inc
Investment Rating
--
Company Address
10900 Nuckols Road
Glen Allen, VA 23060
Phone Number
(804) 396-6412
NAIC Number
15959
Largest Affiliates
C
Glen Allen, VA - Health
D
Glen Allen, VA - Health
D
Glen Allen, VA - Health