Perennial Advantage of OH Inc
Major Rating Factors:
Fair overall results on stability tests (3.1 on a scale of 0 to 10) based on poor risk diversification due to the company's size. Weak profitability index (0.9) with operating losses during 2020 and 2022. Good capitalization index (5.6) based on good current risk-adjusted capital (severe loss scenario). However, risk-adjusted capital has reached as low as the weak level during recent years.
Other Rating Factors:
Excellent quality investment portfolio (9.9) containing little or no exposure to mortgages, junk bonds, or unaffiliated stocks. Excellent liquidity (7.1) with ample operational cash flow and liquid investments.
Principal Lines of Business:
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Licensed in:
OH
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
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Member Physicians
Enrollment
Total Patient Encounters
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Non-Physician
Corporate Info
Group Affiliation
Perennial Advantage of Ohio LLC
Investment Rating
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Company Address
10900 Nuckols Road
Glen Allen, VA 23060
Glen Allen, VA 23060
Phone Number
(804) 396-6412
NAIC Number
16783
Website
Largest Affiliates