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 (3.0) in spite of healthy premium and capital growth during 2022 but fair risk diversification due to the company's size and an excessive 33% enrollment growth during the period. Good capitalization index (5.2) based on fair current risk-adjusted capital (severe loss scenario).
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
E
Linthicum Heights, MD - Health
D
Linthicum Heights, MD - Health
D
Linthicum Heights, MD - Health
D
Linthicum Heights, MD - Health