C
Celtic Ins Co
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 profitability index (3.8 on a scale of 0 to 10) with operating losses during 2020 and 2021. Good quality investment portfolio (4.9). Good overall results on stability tests (5.0). Rating is significantly influenced by the strong financial results of Centene Corporation.
Other Rating Factors: Weak liquidity (2.1) as a spike in claims may stretch capacity. Excellent capitalization (7.9) based on good current risk-adjusted capital (severe loss scenario) reflecting improvement over results in 2020.
Principal Lines of Business: --
Licensed in: All states except NY
Principal Enrollment Breakdown: --
Other Highlights
Medical Loss Ratio
Medical Expense
Per Member Per Month ($)
241
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
Centene Corporation
Investment Rating
CNC
Company Address
1333 Burr Ridge PArkway
Burr Ridge, IL 60527
Phone Number
(800) 714-4658
NAIC Number
80799
Largest Affiliates
C
Saint Louis, MO - Health
B
Saint Louis, MO - Health
B
Saint Louis, MO - Health
C
Saint Louis, MO - Health
B
Saint Louis, MO - Health
Weiss Ratings