B
Wellcare Hlth Ins Co of OK
Rating Date
September 2025
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: Fair overall results on stability tests (4.8 on a scale of 0 to 10). Rating is significantly influenced by the strong financial results of Centene Corporation. Excellent profitability (8.4) despite modest operating losses during 2021. Excellent capitalization index (8.2) based on excellent current risk-adjusted capital (severe loss scenario).
Other Rating Factors: Excellent quality investment portfolio (9.9) containing small junk bond exposure. Excellent liquidity (8.8) with ample operational cash flow and liquid investments.
Principal Lines of Business: --
Licensed in: OK
Principal Enrollment Breakdown: --
Other Highlights
Medical Loss Ratio
Medical Expense
Per Member Per Month ($)
651
Provider Compensation ($000)
Capitation Pay
6
Fee For Service
0
Contractual Pay
755
Salary
0
Bonus
0
Other
--
Member Physicians
Enrollment
533
Total Patient Encounters
Physician
Non-Physician
772
Corporate Info
Group Affiliation
Centene Corporation
Investment Rating
CNC
Company Address
7700 Forsyth Boulevard
Saint Louis, MO 63105
Phone Number
(314) 725-4477
NAIC Number
16752
Largest Affiliates
B
Saint Louis, MO - Health
C
Saint Louis, MO - Health
B
Saint Louis, MO - Health
C
Chicago, IL - Health
C
Saint Louis, MO - Health