B
Mount Carmel Hlth Plan of ID
Rating Date
September 2023
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: Good overall results on stability tests (6.5 on a scale of 0 to 10) based on healthy premium and capital growth during 2021. Rating is significantly influenced by the excellent financial results of Trinity Health Corporation. Good quality investment portfolio (4.9). Excellent overall capitalization (10.0) based on good current risk-adjusted capital (severe loss scenario). Moreover, capital levels have been consistent in recent years.
Other Rating Factors: Excellent liquidity (7.4) with ample operational cash flow and liquid investments. Weak profitability index (0.9) with operating losses during 2020 and 2021.
Principal Lines of Business: --
Licensed in: ID
Principal Enrollment Breakdown: --
Other Highlights
Medical Loss Ratio
Medical Expense
Per Member Per Month ($)
710
Provider Compensation ($000)
Capitation Pay
128
Fee For Service
548
Contractual Pay
Salary
0
Bonus
0
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
U
Columbus, OH - Health
B
Columbus, OH - Health
U
Columbus, OH - Health
U
Columbus, OH - Health
Weiss Ratings