Perennial Advantage of OH Inc
Major Rating Factors:
Weak profitability index (0.9 on a scale of 0 to 10) with modest operating losses during 2020 and 2022. Weak overall results on stability tests (2.8) based on poor risk diversification due to the size of the company's affiliate group. Good capitalization index (6.1) based on fair current risk-adjusted capital (severe loss scenario).
Other Rating Factors:
Good liquidity (6.0) with sufficient resources (cash flows and marketable investments) to handle a spike in claims. Excellent quality investment portfolio (9.9) containing little or no exposure to mortgages, junk bonds, or unaffiliated stocks.
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
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Largest Affiliates