B
PacificSource Cmnty Solutions
BendOR
Rating Date
September 2023
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: Good quality investment portfolio (6.3 on a scale of 0 to 10) containing junk bond exposure equal to 67.7% of capital. Excellent liquidity (6.9) with sufficient resources (cash flows and marketable investments) to handle a spike in claims. Excellent profitability (8.8)
Other Rating Factors: Excellent capitalization (7.1) based on good current risk-adjusted capital (severe loss scenario) reflecting improvement over results in 2020. Excellent overall results on stability tests (8.0) based on healthy premium and capital growth during 2021.
Principal Lines of Business: --
Licensed in: OR
Principal Enrollment Breakdown: --
Other Highlights
Medical Loss Ratio
Medical Expense
Per Member Per Month ($)
509
Provider Compensation ($000)
Capitation Pay
Fee For Service
Contractual Pay
Salary
0
Bonus
Other
--
Member Physicians
Enrollment
Total Patient Encounters
Physician
Non-Physician
Corporate Info
Group Affiliation
PacificSource
Investment Rating
--
Company Address
2965 Northeast Conners Avenue
Bend, OR 97701
Phone Number
(541) 330-8896
NAIC Number
16665
Largest Affiliates
B
Springfield, OR - Health
Weiss Ratings