Shared Health Mississippi Inc
Major Rating Factors:
Weak profitability index (0.4 on a scale of 0 to 10) with 85.9 million in losses in the last four years. Average return on equity over the last five years has been extremely poor. Weak liquidity (0.3) as a spike in claims may stretch capacity. Fair overall results on stability tests (4.3) based on excessive capital growth during 2023, an excessive 557% enrollment growth during the period. Rating is significantly influenced by the strong financial results of BlueCross BlueShield of Tennessee Inc.
Other Rating Factors:
Excellent capitalization index (7.9) based on excellent current risk-adjusted capital (severe loss scenario). However, risk-adjusted capital has reached as low as the weak level during recent years. Excellent quality investment portfolio (9.9) containing little or no exposure to mortgages, junk bonds, or unaffiliated stocks.
Principal Lines of Business:
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Licensed in:
AL, MS
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
BlueCross BlueShield of Tennessee Inc
Investment Rating
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Company Address
One Cameron Hill Circle
Chattanooga, TN 37402
Chattanooga, TN 37402
Phone Number
(423) 535-3865
NAIC Number
16708
Website
Largest Affiliates