Major Rating Factors:
Fair profitability index (4.7 on a scale of 0 to 10) with operating losses during 2020 and 2021. Fair overall results on stability tests (4.7) based on inconsistent enrollment growth in the past five years due to declines in 2021 and 2022. Rating is significantly influenced by the strong financial results of Centene Corporation. Good quality investment portfolio (4.9).
Other Rating Factors:
Weak liquidity (2.1) as a spike in claims may stretch capacity. Excellent capitalization (9.0) based on excellent current risk-adjusted capital (severe loss scenario) reflecting improvement over results in 2020.
Principal Lines of Business:
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Licensed in:
All states except NY
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
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Member Physicians
Enrollment
Total Patient Encounters
Physician
Non-Physician
Corporate Info
Group Affiliation
Centene Corporation
Investment Rating
Company Address
200 East Randolph Street
Chicago, IL 60601
Chicago, IL 60601
Phone Number
(800) 714-4658
NAIC Number
80799
Largest Affiliates