Provider Ptnrs Hlth Plan of IL
Major Rating Factors:
Weak profitability index (1.9 on a scale of 0 to 10) with operating losses during 2019, 2020 and 2021. Fair overall results on stability tests (4.7) in spite of healthy premium and capital growth during 2022 but fair risk diversification due to the company's size. Good capitalization index (5.9) based on good 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 liquidity (6.9) with sufficient resources (cash flows and marketable investments) to handle a spike in claims. Excellent quality investment portfolio (9.6) containing small junk bond exposure.
Principal Lines of Business:
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Licensed in:
IL
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
A & A Joint Venture LLC
Investment Rating
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Company Address
785 Elkridge Landing Road
Linthicum Heights, MD 21090
Linthicum Heights, MD 21090
Phone Number
(443) 275-9800
NAIC Number
16564
Website
Largest Affiliates