WellCare Natl Hlth Ins Co
Major Rating Factors:
Fair quality investment portfolio (4.3 on a scale of 0 to 10) containing no exposure to mortgages, junk bonds, or unaffiliated stocks. Excellent profitability (8.1) with operating gains in each of the last five years. Excellent capitalization index (8.0) based on excellent current risk-adjusted capital (severe loss scenario). However, risk-adjusted capital has reached as low as the weak level during recent years.
Other Rating Factors:
Excellent overall results on stability tests (6.9) based on healthy premium and capital growth during 2022 but a decline in enrollment during 2022. Rating is significantly influenced by the strong financial results of Centene Corporation. Excellent liquidity (7.3) with ample operational cash flow and liquid investments.
Principal Lines of Business:
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Licensed in:
TX
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
Centene Corporation
Investment Rating
Company Address
7700 Forsyth Boulevard
Saint Louis, MO 63105
Saint Louis, MO 63105
Phone Number
(314) 725-4477
NAIC Number
16342
Website
Largest Affiliates