B
Mount Carmel Hlth Plan of ID
Rating Date
June 2024
NAIC
Classification
Risk Adjusted
Capital Ratio #1
Risk Adjusted
Capital Ratio #2
Total
Assets
Capital
Health
Premiums
Net
Income
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Major Rating Factors: Excellent overall results on stability tests (6.9 on a scale of 0 to 10). Rating is significantly influenced by the excellent financial results of Trinity Health Corporation. Good liquidity (6.6) with sufficient resources (cash flows and marketable investments) to handle a spike in claims. Excellent overall capitalization (7.6) based on good current risk-adjusted capital (severe loss scenario). Moreover, capital levels have been consistent in recent years.
Other Rating Factors: Excellent quality investment portfolio (9.9) containing small junk bond exposure. Weak profitability index (1.9) with operating losses during 2020, 2021 and 2022.
Principal Lines of Business: --
Licensed in: ID
Principal Enrollment Breakdown: --
Other Highlights
Medical Loss Ratio
Medical Expense
Per Member Per Month ($)
847
Provider Compensation ($000)
Capitation Pay
208
Fee For Service
900
Contractual Pay
Salary
0
Bonus
527
Other
--
Member Physicians
Enrollment
Total Patient Encounters
Physician
Non-Physician
Corporate Info
Group Affiliation
Trinity Health Corporation
Investment Rating
--
Company Address
3100 Easton Square Place
Columbus, OH 43219
Phone Number
(407) 754-5667
NAIC Number
16456
Largest Affiliates
A
Columbus, OH - Health
B
Columbus, OH - Health
B
Columbus, OH - Health
U
Columbus, OH - Health
U
Columbus, OH - Health
Weiss Ratings