C
AultCare Ins Co
CantonOH
Rating Date
June 2024
NAIC
Classification
Risk Adjusted
Capital Ratio #1
Risk Adjusted
Capital Ratio #2
Total
Assets
Capital
Health
Premiums
Net
Income
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Major Rating Factors: Fair overall results on stability tests (3.7 on a scale of 0 to 10) based on excellent risk-adjusted capital in prior years. Potentially strong support from affiliation with Aultman Health Foundation. Weak profitability index (1.1) with 11.4 million in losses in the last two years. Average return on equity over the last five years has been poor at -2.2%. Good overall capitalization (6.6) based on fair current risk-adjusted capital (severe loss scenario).
Other Rating Factors: Good liquidity (5.0) with sufficient resources (cash flows and marketable investments) to handle a spike in claims. Excellent quality investment portfolio (8.5) containing small junk bond exposure.
Principal Lines of Business: --
Licensed in: OH
Principal Enrollment Breakdown: --
Other Highlights
Medical Loss Ratio
Medical Expense
Per Member Per Month ($)
993
Provider Compensation ($000)
Capitation Pay
Fee For Service
Contractual Pay
Salary
0
Bonus
0
Other
--
Member Physicians
Enrollment
Total Patient Encounters
Physician
Non-Physician
Corporate Info
Group Affiliation
Aultman Health Foundation
Investment Rating
--
Company Address
2600 Sixth Street SW
Canton, OH 44710
Phone Number
(330) 363-3325
NAIC Number
77216
Largest Affiliates