Major Rating Factors:
Good overall results on stability tests (6.7 on a scale of 0 to 10). Rating is significantly influenced by the strong financial results of Health Care Service Corporation a Mutual Legal Reserve Co. Excellent capitalization (8.1) based on good current risk-adjusted capital (severe loss scenario) reflecting improvement over results in 2021. Excellent quality investment portfolio (9.9) containing small junk bond exposure.
Other Rating Factors:
Excellent liquidity (7.0) with ample operational cash flow and liquid investments. Weak profitability index (2.3) with modest operating losses during each of the last five years. Average return on equity has been poor at -1.7%.
Principal Lines of Business:
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Licensed in:
IL
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
Health Care Service Corporation a Mutual Legal Reserve Co
Investment Rating
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Company Address
300 East Randolph Street
Chicago, IL 60601
Chicago, IL 60601
Phone Number
(312) 653-6000
NAIC Number
16013
Website
Largest Affiliates
