Major Rating Factors:
Weak profitability index (0.9 on a scale of 0 to 10) with 318.7 million in losses in the last five years. Average return on equity has been poor at -93.5%. Weak liquidity (2.3) as a spike in claims may stretch capacity. Good overall results on stability tests (6.0) despite a decline in the number of member physicians during 2022.
Other Rating Factors:
Excellent capitalization index (9.7) 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. Excellent quality investment portfolio (9.9) containing small junk bond exposure.
Principal Lines of Business:
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Licensed in:
FL
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
Oscar Health Inc
Investment Rating
Company Address
75 Varick Street
New York, NY 10013
New York, NY 10013
Phone Number
(646) 403-3677
NAIC Number
16374
Website
Largest Affiliates