Major Rating Factors:
Fair overall results on stability tests (4.5 on a scale of 0 to 10) based on a decline in the number of member physicians during 2023. Good quality investment portfolio (5.6) containing significant exposure to junk bonds. Good liquidity (6.8) with sufficient resources (cash flows and marketable investments) to handle a spike in claims.
Other Rating Factors:
Weak profitability index (2.4) with operating losses during 2021 and 2022. Average return on equity over the last five years has been poor at -1.4%. Excellent capitalization index (10.0) based on excellent current risk-adjusted capital (severe loss scenario) despite some fluctuation in capital levels.
Principal Lines of Business:
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Licensed in:
NE
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
GoodLife Partners Inc
Investment Rating
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Company Address
1919 Aksarben Drive
Omaha, NE 68180
Omaha, NE 68180
Phone Number
(402) 390-1820
NAIC Number
77780
Website
Largest Affiliates