Magellan Complete Care of LA
Major Rating Factors:
Fair quality investment portfolio (3.5 on a scale of 0 to 10). Excellent profitability (9.3) despite a decline in earnings during 2022. Excellent overall capitalization (10.0) based on excellent current risk-adjusted capital (severe loss scenario). Moreover, capital levels have been consistent in recent years.
Other Rating Factors:
Excellent overall results on stability tests (7.2) based on consistent premium and capital growth in the last five years. Rating is significantly influenced by the strong financial results of Centene Corporation. Excellent liquidity (7.6) with ample operational cash flow and liquid investments.
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
Centene Corporation
Investment Rating
Company Address
13500 Riverport Drive
Maryland Heights, MO 63043
Maryland Heights, MO 63043
Phone Number
(314) 387-4000
NAIC Number
15550
Website
Largest Affiliates