Major Rating Factors:
Weak profitability index (1.1 on a scale of 0 to 10) with modest operating losses during 2019, 2021 and 2022. Fair capitalization index (2.9) based on weak current risk-adjusted capital (severe loss scenario). Weak liquidity (2.4) as a spike in claims may stretch capacity.
Other Rating Factors:
Fair overall results on stability tests (4.4) based on an excessive 74% enrollment growth during the period. Rating is significantly influenced by the acceptable financial results of American Dental Association (inc). Excellent quality investment portfolio (9.8) containing small junk bond exposure.
Principal Lines of Business:
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Licensed in:
AK
Principal Enrollment Breakdown:
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Other Highlights
Medical Loss Ratio
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Medical Expense
Per Member Per Month ($)
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Provider Compensation ($000)
Capitation Pay
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Fee For Service
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Contractual Pay
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Salary
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Bonus
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Other
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Member Physicians
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Enrollment
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Total Patient Encounters
Physician
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Non-Physician
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Corporate Info
Group Affiliation
American Dental Association (inc)
Investment Rating
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Company Address
601 Southwest Second Avenue
Portland, OR 97204
Portland, OR 97204
Phone Number
(503) 228-6554
NAIC Number
16628
Website
Largest Affiliates