Major Rating Factors:
Excellent capitalization (6.9 on a scale of 0 to 10) based on excellent current risk-adjusted capital (severe loss scenario). However, capital levels have fluctuated during prior years. Good liquidity (5.6) with sufficient resources (cash flows and marketable investments) to handle a spike in claims. Excellent quality investment portfolio (9.2) containing small junk bond exposure.
Other Rating Factors:
Weak profitability index (1.2) with 78.5 million in losses in the last five years. Average return on equity has been poor at -4.2%. Weak overall results on stability tests (0.9) based on good risk-adjusted capital in prior years. Rating is significantly influenced by the strong financial results of GuideWell Mutual Holding Corporation.
Principal Lines of Business:
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Licensed in:
PR, VI
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
GuideWell Mutual Holding Corporation
Investment Rating
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Company Address
1441 F.D. Roosevelt Avenue
San Juan, PR 00920
San Juan, PR 00920
Phone Number
(787) 749-4949
NAIC Number
55816
Website
Largest Affiliates