Major Rating Factors:
Weak profitability index (0.0 on a scale of 0 to 10) with 34.3 million in losses in the last three years. Weak overall results on stability tests (0.9) based on excessive premium growth during 2022, an excessive 32% enrollment growth during the period. Excellent capitalization index (7.0) based on excellent current risk-adjusted capital (severe loss scenario).
Other Rating Factors:
Excellent quality investment portfolio (9.9) containing no exposure to mortgages, junk bonds, or unaffiliated stocks. Excellent liquidity (7.2) with ample operational cash flow and liquid investments.
Principal Lines of Business:
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Licensed in:
AZ
Principal Enrollment Breakdown:
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Corporate Info
Group Affiliation
Banner Health
Investment Rating
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Company Address
2901 North Central Avenue
Phoenix, AZ 85012
Phoenix, AZ 85012
Phone Number
(833) 516-1007
NAIC Number
16664
Largest Affiliates