Major Rating Factors:
Good overall results on stability tests (5.3 on a scale of 0 to 10) based on steady enrollment growth, averaging 7% over the past five years. Rating is significantly influenced by the strong financial results of Medica Holding Co. Weak quality investment portfolio (2.0). Excellent profitability (7.4) despite a decline in earnings during 2022.
Other Rating Factors:
Excellent capitalization index (8.2) based on good current risk-adjusted capital (severe loss scenario) despite some fluctuation in capital levels. Excellent liquidity (9.6) with ample operational cash flow and liquid investments.
Principal Lines of Business:
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Licensed in:
IL, WI
Principal Enrollment Breakdown:
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Corporate Info
Group Affiliation
Medica Holding Co
Investment Rating
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Company Address
1277 Deming Way
Madison, WI 53717
Madison, WI 53717
Phone Number
(608) 836-1400
NAIC Number
60067
Website
Largest Affiliates