Major Rating Factors:
Fair capitalization index (4.2 on a scale of 0 to 10) based on weak current risk-adjusted capital (severe loss scenario) as results have slipped from the good range over the last three years. Fair quality investment portfolio (4.1) containing no exposure to mortgages, junk bonds, or unaffiliated stocks. Fair overall results on stability tests (3.1). Rating is significantly influenced by the strong financial results of Louisiana Health Service & Indemnity Co.
Other Rating Factors:
Good liquidity (6.2) with sufficient resources (cash flows and marketable investments) to handle a spike in claims. Weak profitability index (2.3) with operating losses during 2021 and 2022. Return on equity has been fair, averaging 7.2% over the last five years.
Principal Lines of Business:
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Licensed in:
LA
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
Louisiana Health Service & Indemnity Co
Investment Rating
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Company Address
130 DeSiard Street
Monroe, LA 71201
Monroe, LA 71201
Phone Number
(318) 361-0900
NAIC Number
95584
Website
Largest Affiliates
