Major Rating Factors:
Weak profitability index (1.9 on a scale of 0 to 10) with operating losses during 2019, 2020, 2021 and 2022. Average return on equity over the last five years has been poor at -35.9%. Weak overall results on stability tests (2.7) based on a steep decline in premium revenue in 2023. Weak liquidity (2.1) as a spike in claims may stretch capacity.
Other Rating Factors:
Excellent capitalization index (8.1) 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. Excellent quality investment portfolio (9.9) containing small junk bond exposure.
Principal Lines of Business:
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Licensed in:
MO
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
MissouriISNP LLC
Investment Rating
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Company Address
8820 Columbia 100 Parkway
Columbia, MD 21045
Columbia, MD 21045
Phone Number
(443) 275-9800
NAIC Number
16566
Website
Largest Affiliates