Major Rating Factors:
Excellent profitability (7.0 on a scale of 0 to 10) despite a decline in earnings during 2023. Excellent overall capitalization (8.1) based on excellent current risk-adjusted capital (severe loss scenario). Furthermore, this high level of risk-adjusted capital has been consistently maintained in previous years. Excellent quality investment portfolio (9.4) containing small junk bond exposure.
Other Rating Factors:
Excellent overall results on stability tests (7.0) based on steady enrollment growth, averaging 7% over the past five years but a decline in the number of member physicians during 2023. Excellent liquidity (6.9) with sufficient resources (cash flows and marketable investments) to handle a spike in claims.
Principal Lines of Business:
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Licensed in:
OR
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
Samaritan Health Services Inc
Investment Rating
--
Company Address
2300 NorthWest Walnut Boulevard
Corvallis, OR 97330
Corvallis, OR 97330
Phone Number
(541) 768-5328
NAIC Number
16656
Website
Largest Affiliates