Major Rating Factors:
Weak profitability index (0.8 on a scale of 0 to 10) with 17.5 million in losses in the last three years. Weak overall results on stability tests (2.2) based on a significant -26% decrease in enrollment during the period, an inordinate decline in premium revenue in 2022. Weak liquidity (2.7) as a spike in claims may stretch capacity.
Other Rating Factors:
Excellent overall capitalization (7.0) based on good current risk-adjusted capital (severe loss scenario) despite some fluctuation in capital levels. Excellent quality investment portfolio (9.3) containing small junk bond exposure.
Principal Lines of Business:
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Licensed in:
NV
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
Bonus
Other
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Member Physicians
Enrollment
Total Patient Encounters
Physician
Non-Physician
Corporate Info
Group Affiliation
Renown Health
Investment Rating
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Company Address
10315 Professional Circle
Reno, NV 89521
Reno, NV 89521
Phone Number
(775) 982-3190
NAIC Number
48305
Website
Largest Affiliates