D
Provider Ptnrs Hlth Plan of MO
Rating Date
April 2025
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: Weak profitability index (1.4 on a scale of 0 to 10) with modest operating losses during 2019, 2020, 2021 and 2022. Fair overall results on stability tests (3.2) based on an excessive 33% enrollment growth during the period, healthy premium and capital growth during 2022 but fair risk diversification due to the company's size. Good capitalization index (6.2) 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: Good liquidity (6.8) with sufficient resources (cash flows and marketable investments) to handle a spike in claims. Excellent quality investment portfolio (9.9) containing small junk bond exposure.
Principal Lines of Business: --
Licensed in: MO
Principal Enrollment Breakdown: --
Other Highlights
Medical Loss Ratio
Medical Expense
Per Member Per Month ($)
Provider Compensation ($000)
Capitation Pay
Fee For Service
0
Contractual Pay
0
Salary
0
Bonus
Other
--
Member Physicians
0
Enrollment
Total Patient Encounters
Physician
0
Non-Physician
0
Corporate Info
Group Affiliation
MissouriISNP LLC
Investment Rating
--
Company Address
785 Elkridge Landing Road
Linthicum Heights, MD 21090
Phone Number
(443) 275-9800
NAIC Number
16566
Largest Affiliates
D
Linthicum Heights, MD - Health
D
Linthicum Heights, MD - Health
D
Linthicum Heights, MD - Health
D
Linthicum Heights, MD - Health