Major Rating Factors:
Good overall results on stability tests (6.6 on a scale of 0 to 10) based on steady enrollment growth, averaging 9% over the past five years, consistent premium and capital growth in the last five years. Fair quality investment portfolio (4.8). Excellent profitability (8.2) despite a decline in earnings during 2022.
Other Rating Factors:
Excellent overall capitalization (7.3) based on excellent current risk-adjusted capital (severe loss scenario) despite some fluctuation in capital levels. Excellent liquidity (7.0) with ample operational cash flow and liquid investments.
Principal Lines of Business:
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Licensed in:
WA
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
Molina Healthcare Inc
Investment Rating
Company Address
22522 29th Drive, SE
Bothell, WA 98021
Bothell, WA 98021
Phone Number
(425) 424-1100
NAIC Number
96270
Website
Largest Affiliates