WellCare Health Ins of AZ Inc
Major Rating Factors:
Good overall profitability index (6.1 on a scale of 0 to 10) despite a decline in earnings during 2022. Good liquidity (6.8) with sufficient resources (cash flows and marketable investments) to handle a spike in claims. Fair quality investment portfolio (3.9).
Other Rating Factors:
Excellent overall capitalization (7.7) based on good current risk-adjusted capital (severe loss scenario). Moreover, capital levels have been consistent in recent years. Excellent overall results on stability tests (8.6) based on consistent premium and capital growth in the last five years. Rating is significantly influenced by the strong financial results of Centene Corporation.
Principal Lines of Business:
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Licensed in:
All states except CA, CT, MA, ME, NH, NJ, NY, OH, PA, RI, VT, WI, WV
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
7700 Forsyth Boulevard
Saint Louis, MO 63105
Saint Louis, MO 63105
Phone Number
(314) 725-4477
NAIC Number
83445
Website
Largest Affiliates