AmeriHealth Caritas NC Inc
Major Rating Factors:
Fair overall results on stability tests (4.4 on a scale of 0 to 10) based on inordinate decline in capital during 2023. Rating is significantly influenced by the strong financial results of Independence Health Group Inc. Weak profitability index (0.6) with operating losses during 2019, 2020, 2021 and 2023. Excellent capitalization index (7.5) 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.
Other Rating Factors:
Excellent quality investment portfolio (9.9) containing small junk bond exposure. Excellent liquidity (7.1) with ample operational cash flow and liquid investments.
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
Independence Health Group Inc
Investment Rating
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Company Address
200 Stevens Drive
Philadelphia, PA 19113
Philadelphia, PA 19113
Phone Number
(217) 937-8000
NAIC Number
16539
Largest Affiliates