C
HPHC Ins Co
CantonMA
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: Good overall profitability index (6.5 on a scale of 0 to 10) despite modest operating losses during 2017. Good overall results on stability tests (5.4). Rating is significantly influenced by the acceptable financial results of Point32Health Inc. Good liquidity (6.5) with sufficient resources (cash flows and marketable investments) to handle a spike in claims.
Other Rating Factors: Weak quality investment portfolio (2.3) containing large exposure to common stock. Excellent capitalization (7.9) based on good current risk-adjusted capital (severe loss scenario) reflecting improvement over results in 2017.
Principal Lines of Business: --
Licensed in: CT, MA, ME, NH
Principal Enrollment Breakdown: --
Other Highlights
Medical Loss Ratio
Medical Expense
Per Member Per Month ($)
413
Provider Compensation ($000)
Capitation Pay
Fee For Service
Contractual Pay
Salary
0
Bonus
Other
Member Physicians
Enrollment
Total Patient Encounters
Physician
Non-Physician
Corporate Info
Group Affiliation
Point32Health Inc
Investment Rating
--
Company Address
One Wellness Way
Canton, MA 02021
Phone Number
(617) 972-9400
NAIC Number
18975
Largest Affiliates
B
C
Canton, MA - Health
C
C
B
Canton, MA - Health
Weiss Ratings