Major Rating Factors:
Weak profitability index (0.8 on a scale of 0 to 10) with operating losses during 2020 and 2022. Weak capitalization index (2.0) based on weak current risk-adjusted capital (severe loss scenario). Weak overall results on stability tests (0.6) based on an excessive 122% enrollment growth during the period. Rating is significantly influenced by the strong financial results of Louisiana Health Service & Indemnity Co.
Other Rating Factors:
Excellent quality investment portfolio (9.9) containing no exposure to mortgages, junk bonds, or unaffiliated stocks. Excellent liquidity (7.1) with ample operational cash flow and liquid investments.
Principal Lines of Business:
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Licensed in:
MS
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) 998-3076
NAIC Number
16735
Website
Largest Affiliates
