B
Medical Mutual of Ohio
Rating Date
June 2024
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: Good overall profitability index (6.0 on a scale of 0 to 10) despite a decline in earnings during 2022. Good quality investment portfolio (5.9) containing junk bond exposure equal to 62.4% of capital. Good overall results on stability tests (6.2) based on consistent premium and capital growth in the last five years.
Other Rating Factors: Excellent overall capitalization (10.0) based on good current risk-adjusted capital (severe loss scenario) despite some fluctuation in capital levels. Excellent liquidity (7.1) with ample operational cash flow and liquid investments.
Principal Lines of Business: --
Licensed in: GA, IN, MI, NC, OH, PA, SC, WI, WV
Principal Enrollment Breakdown: --
Other Highlights
Medical Loss Ratio
Medical Expense
Per Member Per Month ($)
203
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
Medical Mutual of Ohio
Investment Rating
--
Company Address
2060 East Ninth Street
Cleveland, OH 44115
Phone Number
(216) 687-7000
NAIC Number
29076
Website
--
Largest Affiliates
B
Cleveland, OH - Health
Weiss Ratings