B
USAble PPO Ins Co
Rating Date
September 2023
NAIC
Classification
Risk Adjusted
Capital Ratio #1
Risk Adjusted
Capital Ratio #2
Total
Assets
Capital
Health
Premiums
Net
Income
Loading...
Major Rating Factors: Excellent liquidity (6.9 on a scale of 0 to 10) with sufficient resources (cash flows and marketable investments) to handle a spike in claims. Excellent capitalization index (10.0) based on good current risk-adjusted capital (severe loss scenario). Excellent quality investment portfolio (9.9) containing small junk bond exposure.
Other Rating Factors: Weak profitability index (1.6) with operating losses during 2020. Weak overall results on stability tests (2.8). Rating is significantly influenced by the strong financial results of USAble Mutual Ins Co.
Principal Lines of Business: --
Licensed in: AR
Principal Enrollment Breakdown: --
Other Highlights
Medical Loss Ratio
Medical Expense
Per Member Per Month ($)
327
Provider Compensation ($000)
Capitation Pay
458
Fee For Service
0
Contractual Pay
Salary
0
Bonus
119
Other
--
Member Physicians
Enrollment
Total Patient Encounters
Physician
Non-Physician
Corporate Info
Group Affiliation
USAble Mutual Ins Co
Investment Rating
--
Company Address
601 South Gaines Street
Little Rock, AR 72201
Phone Number
(501) 378-2000
NAIC Number
16750
Largest Affiliates
B
Little Rock, AR - Health
A
Little Rock, AR - Health
B
Little Rock, AR - Health
Weiss Ratings