Major Rating Factors:
Excellent profitability (8.5 on a scale of 0 to 10) despite a decline in earnings during 2023. Excellent capitalization index (8.3) based on excellent current risk-adjusted capital (severe loss scenario). Furthermore, this high level of risk-adjusted capital has been consistently maintained in previous years. Excellent quality investment portfolio (8.1) containing small junk bond exposure.
Other Rating Factors:
Excellent liquidity (6.9) with sufficient resources (cash flows and marketable investments) to handle a spike in claims. Good overall results on stability tests (5.6) despite a decline in the number of member physicians during 2023. Rating is significantly influenced by the strong financial results of UnitedHealth Group Incorporated.
Principal Lines of Business:
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Licensed in:
All states and 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
Member Physicians
Enrollment
Total Patient Encounters
Physician
Non-Physician
Corporate Info
Group Affiliation
UnitedHealth Group Incorporated
Investment Rating
Company Address
2720 North Tenaya Way
Las Vegas, NV 89128
Las Vegas, NV 89128
Phone Number
(702) 242-7732
NAIC Number
71420
Largest Affiliates