E
Lasso Healthcare Ins Co
ChicagoIL
Rating Date
June 2024
NAIC
Classification
Risk Adjusted
Capital Ratio #1
Risk Adjusted
Capital Ratio #2
Total
Assets
Capital
Health
Premiums
Net
Income
Loading...
Major Rating Factors: Weak profitability index (0.9 on a scale of 0 to 10) with 17.9 million in losses in the last five years. Average return on equity has been poor at -81.6%. Weak overall results on stability tests (2.6) based on rapid premium growth over the last five years. Excellent capitalization index (6.9) based on good current risk-adjusted capital (severe loss scenario). However, risk-adjusted capital has reached as low as the weak level during recent years.
Other Rating Factors: Excellent quality investment portfolio (9.9) containing small junk bond exposure. Excellent liquidity (6.9) with sufficient resources (cash flows and marketable investments) to handle a spike in claims.
Principal Lines of Business: --
Licensed in: All states except CA, CO, CT, ID, ME, MI, NJ, NY, VT, WA, WI
Principal Enrollment Breakdown: --
Other Highlights
Medical Loss Ratio
Medical Expense
Per Member Per Month ($)
350
Provider Compensation ($000)
Capitation Pay
Fee For Service
Contractual Pay
0
Salary
0
Bonus
0
Other
--
Member Physicians
0
Enrollment
Total Patient Encounters
Physician
0
Non-Physician
Corporate Info
Group Affiliation
ZHE Holdings LP
Investment Rating
--
Company Address
225 West Washington Street
Chicago, IL 60606
Phone Number
(800) 918-4024
NAIC Number
76503
Largest Affiliates
D
Chicago, IL - Health
D
Chicago, IL - Health