B
Mount Carmel Hlth Plan of NY
Rating Date
January 2026
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: Excellent capitalization index (10.0 on a scale of 0 to 10) 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 small junk bond exposure. Excellent liquidity (9.4) with ample operational cash flow and liquid investments.
Other Rating Factors: Weak profitability index (2.0) with operating losses during 2021 and 2022. Weak overall results on stability tests (2.8) based on a decline in the number of member physicians during 2023. Rating is significantly influenced by the excellent financial results of Trinity Health Corporation.
Principal Lines of Business: --
Licensed in: NY
Principal Enrollment Breakdown: --
Other Highlights
Medical Loss Ratio
Medical Expense
Per Member Per Month ($)
733
Provider Compensation ($000)
Capitation Pay
58
Fee For Service
319
Contractual Pay
Salary
0
Bonus
0
Other
--
Member Physicians
Enrollment
243
Total Patient Encounters
Physician
Non-Physician
591
Corporate Info
Group Affiliation
Trinity Health Corporation
Investment Rating
--
Company Address
3100 Easton Square Place
Columbus, OH 43219
Phone Number
(614) 546-3211
NAIC Number
16723
Largest Affiliates
A
Columbus, OH - Health
B
Columbus, OH - Health
B
Columbus, OH - Health
B
Columbus, OH - Health
U
Columbus, OH - Health