Carolina Complete Health Inc
Major Rating Factors:
Good overall results on stability tests (6.1 on a scale of 0 to 10) based on steady enrollment growth, averaging 8% over the past five years but excessive capital growth during 2022. Rating is significantly influenced by the strong financial results of Centene Corporation. Excellent liquidity (6.9) with sufficient resources (cash flows and marketable investments) to handle a spike in claims. Weak profitability index (0.9) with 76.9 million in losses in the last two years.
Other Rating Factors:
Weak quality investment portfolio (1.9). Excellent capitalization index (7.6) 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.
Principal Lines of Business:
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Licensed in:
NC
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
16526
Website
Largest Affiliates