Major Rating Factors:
Weak profitability index (1.2 on a scale of 0 to 10) with operating losses during 2017, 2019 and 2021. Average return on equity over the last five years has been poor at -7.9%. Weak quality investment portfolio (1.3). Good overall results on stability tests (5.8) despite excessive capital growth during 2021. Rating is significantly influenced by the strong financial results of The Cigna Group.
Other Rating Factors:
Good liquidity (5.5) with sufficient resources (cash flows and marketable investments) to handle a spike in claims. Excellent capitalization (7.4) based on good current risk-adjusted capital (severe loss scenario) reflecting significant improvement over results in 2020.
Principal Lines of Business:
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Licensed in:
AZ
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
Member Physicians
Enrollment
Total Patient Encounters
Physician
Non-Physician
Corporate Info
Group Affiliation
The Cigna Group
Investment Rating
Company Address
25500 North Norterra Drive
Phoenix, AZ 85085
Phoenix, AZ 85085
Phone Number
(919) 854-7469
NAIC Number
95125
Website
Largest Affiliates
