Major Rating Factors:
Fair quality investment portfolio (3.1 on a scale of 0 to 10). Fair overall results on stability tests (3.0) based on inconsistent enrollment growth in the past five years due to declines in 2020, 2022 and 2023. Weak profitability index (1.3) with 37.6 million in losses in the last three years.
Other Rating Factors:
Good liquidity (6.3) with sufficient resources (cash flows and marketable investments) to handle a spike in claims. Excellent overall capitalization (9.8) based on excellent current risk-adjusted capital (severe loss scenario) despite some fluctuation in capital levels.
Principal Lines of Business:
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Licensed in:
AK, AL, DE, FL, GA, HI, IL, IN, LA, MA, MI, MS, MT, NH, NM, OH, TX, UT, VT, WA, WI
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
Member Physicians
Enrollment
Total Patient Encounters
Physician
Non-Physician
Corporate Info
Group Affiliation
WPS Holdings LLC
Investment Rating
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Company Address
1717 West Broadway
Madison, WI 53713
Madison, WI 53713
Phone Number
(608) 977-5000
NAIC Number
53139
Website
Largest Affiliates