Missouri Hospital Plan
Major Rating Factors:
Fair profitability index (4.1 on a scale of 0 to 10) with operating losses during 2020, 2024 and the first three months of 2025. Return on equity has been low, averaging 0.4% over the past five years. Fair overall results on stability tests (3.6) including. The largest net exposure for one risk is excessive at 8.6% of capital. History of adequate reserve strength (6.3) as reserves have been consistently at an acceptable level.
Other Rating Factors:
Strong long-term capitalization index (7.6) based on excellent current risk adjusted capital (severe and moderate loss scenarios), despite some fluctuation in capital levels. Excellent liquidity (7.0) with ample operational cash flow and liquid investments.
Stability Factors:
R - Concerns about the financial strength of its reinsurers.
T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business:
Med mal (89.6%), other (10.4%)
Licensed in:
MO
Principal Investments:
Common stock (56.2%), investment grade bonds (40.3%), cash (1.0%), other (2.6%)
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