Major Rating Factors:
Fair profitability index (3.5 on a scale of 0 to 10) with operating losses during 2022 and 2023. Fair overall results on stability tests (4.5) based on a significant -15% decrease in enrollment during the period. Rating is significantly influenced by the strong financial results of Baylor Scott & White Holdings. Good quality investment portfolio (6.6) containing junk bond exposure equal to 56.0% of capital.
Other Rating Factors:
Good liquidity (6.6) with sufficient resources (cash flows and marketable investments) to handle a spike in claims. Excellent overall capitalization (10.0) based on excellent current risk-adjusted capital (severe loss scenario) despite some fluctuation in capital levels.
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
Baylor Scott & White Holdings
Investment Rating
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Company Address
1206 West Campus Drive
Temple, TX 76502
Temple, TX 76502
Phone Number
(254) 298-3000
NAIC Number
16426
Largest Affiliates