CareFirst Advantage Inc
Major Rating Factors:
Weak profitability index (0.0 on a scale of 0 to 10) with 49.1 million in losses in the last three years. Weak quality investment portfolio (0.0) containing no exposure to mortgages, junk bonds, or unaffiliated stocks. Weak overall results on stability tests (1.3) based on an excessive 38% enrollment growth during the period, excessive premium growth during 2022. Rating is significantly influenced by the strong financial results of CareFirst Inc.
Other Rating Factors:
Good capitalization index (5.5) based on fair current risk-adjusted capital (severe loss scenario). Excellent liquidity (7.1) with ample operational cash flow and liquid investments.
Principal Lines of Business:
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Licensed in:
DC, MD
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
CareFirst Inc
Investment Rating
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Company Address
10455 Mill Run Circle
Owings Mills, MD 21117
Owings Mills, MD 21117
Phone Number
(410) 581-3000
NAIC Number
16724
Website
Largest Affiliates