Missouri Hospital Plan
Major Rating Factors:
Fair overall results on stability tests (4.2 on a scale of 0 to 10) including. The largest net exposure for one risk is excessive at 7.0% of capital. History of adequate reserve strength (6.7) as reserves have been consistently at an acceptable level. Strong long-term capitalization index (7.8) based on excellent current risk adjusted capital (severe and moderate loss scenarios), despite some fluctuation in capital levels.
Other Rating Factors:
Excellent profitability index (7.6) with small operating losses during 2024. Excellent expense controls. Good liquidity (6.9) with sufficient resources (cash flows and marketable investments) to handle a spike in claims.
Stability Factors:
R - Concerns about the financial strength of its reinsurers.
Principal Lines of Business:
Med mal (87.5%), other (12.5%)
Licensed in:
MO
Principal Investments:
Common stock (54.3%), investment grade bonds (41.2%), cash (2.4%), other (2.1%)
Corporate Info
Group Affiliation
Missouri Hospital Plan
Investment Rating
--
Company Address
4700 Country Club Drive
Jefferson City, MO 65109
Jefferson City, MO 65109
Phone Number
(573) 893-5300
NAIC Number
27642
Largest Affiliates