B
USAble Mutual Ins Co
Rating Date
September 2023
NAIC
Classification
Risk Adjusted
Capital Ratio #1
Risk Adjusted
Capital Ratio #2
Total
Assets
Capital
Health
Premiums
Net
Income
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Major Rating Factors: Good overall profitability index (5.4 on a scale of 0 to 10) despite a decline in earnings during 2021. Good quality investment portfolio (6.5) containing junk bond exposure equal to 61.7% of capital. Excellent capitalization index (10.0) based on good current risk-adjusted capital (severe loss scenario) despite some fluctuation in capital levels.
Other Rating Factors: Excellent overall results on stability tests (7.1) based on consistent premium and capital growth in the last five years. Excellent liquidity (7.0) with ample operational cash flow and liquid investments.
Principal Lines of Business: --
Licensed in: AR, GA, TX
Principal Enrollment Breakdown: --
Other Highlights
Medical Loss Ratio
Medical Expense
Per Member Per Month ($)
364
Provider Compensation ($000)
Capitation Pay
94
Fee For Service
0
Contractual Pay
Salary
0
Bonus
Other
--
Member Physicians
Enrollment
Total Patient Encounters
Physician
Non-Physician
Corporate Info
Group Affiliation
USAble Mutual Ins Co
Investment Rating
--
Company Address
601 South Gaines Street
Little Rock, AR 72201
Phone Number
(501) 378-2000
NAIC Number
83470
Largest Affiliates
A
Little Rock, AR - Health
B
Little Rock, AR - Health
B
Little Rock, AR - Health
Weiss Ratings