Highmark BCBSD Inc
Major Rating Factors:
Good quality investment portfolio (6.4 on a scale of 0 to 10) containing junk bond exposure equal to 90.8% of capital. Good overall results on stability tests (6.0). Rating is significantly influenced by the strong financial results of Highmark Health. Good liquidity (6.8) with sufficient resources (cash flows and marketable investments) to handle a spike in claims.
Other Rating Factors:
Excellent profitability (7.9) with operating gains in each of the last five years. Excellent overall capitalization (10.0) based on good current risk-adjusted capital (severe loss scenario) despite some fluctuation in capital levels.
Principal Lines of Business:
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Licensed in:
DE
Principal Enrollment Breakdown:
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