C
Vantage Hlth Plan of MS Inc
MonroeLA
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 capitalization index (5.4 on a scale of 0 to 10) based on fair current risk-adjusted capital (severe loss scenario). Weak profitability index (0.9) with operating losses during 2020. Weak overall results on stability tests (2.8). Rating is significantly influenced by the strong financial results of Louisiana Health Service and Indemnity Co.
Other Rating Factors: Excellent quality investment portfolio (9.9) containing no exposure to mortgages, junk bonds, or unaffiliated stocks. Excellent liquidity (7.6) with ample operational cash flow and liquid investments.
Principal Lines of Business: --
Licensed in: MS
Principal Enrollment Breakdown: --
Other Highlights
Medical Loss Ratio
Medical Expense
Per Member Per Month ($)
514
Provider Compensation ($000)
Capitation Pay
0
Fee For Service
Contractual Pay
Salary
0
Bonus
0
Other
--
Member Physicians
Enrollment
Total Patient Encounters
Physician
Non-Physician
Corporate Info
Group Affiliation
Louisiana Health Service and Indemnity Co
Investment Rating
--
Company Address
130 DeSiard Street
Monroe, LA 71201
Phone Number
(318) 998-3076
NAIC Number
16735
Largest Affiliates
B
Baton Rouge, LA - Health
A
Baton Rouge, LA - Health
C
Monroe, LA - Health
C
Monroe, LA - Health
Weiss Ratings