E
Cmnwlth Care Alliance RI LLC
BostonMA
Rating Date
April 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: Weak profitability index (0.0 on a scale of 0 to 10) with operating losses during 2021 and 2022. Weak overall results on stability tests (2.3). Good liquidity (6.3) with sufficient resources (cash flows and marketable investments) to handle a spike in claims.
Other Rating Factors: Excellent overall capitalization (7.0) based on excellent current risk-adjusted capital (severe loss scenario). Excellent quality investment portfolio (9.9) containing small junk bond exposure.
Principal Lines of Business: --
Licensed in: RI
Principal Enrollment Breakdown: --
Other Highlights
Medical Loss Ratio
Medical Expense
Per Member Per Month ($)
524
Provider Compensation ($000)
Capitation Pay
0
Fee For Service
0
Contractual Pay
424
Salary
0
Bonus
0
Other
--
Member Physicians
Enrollment
487
Total Patient Encounters
Physician
Non-Physician
328
Corporate Info
Group Affiliation
Commonwealth Care Alliance Inc
Investment Rating
--
Company Address
30 Winter Street
Boston, MA 02108
Phone Number
(617) 426-0600
NAIC Number
16984
Largest Affiliates
E
Northville, MI - Health
E
Boston, MA - Health