D
Cigna HealthCare of CA Inc
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: Fair capitalization index (2.9 on a scale of 0 to 10) based on weak current risk-adjusted capital (severe loss scenario). Weak overall results on stability tests (0.0). Fair profitability index (3.8) due to a decline in earnings during 2021. Average return on equity over the last five years has been poor at -8.5%.
Other Rating Factors: Excellent liquidity (6.9) with sufficient resources (cash flows and marketable investments) to handle a spike in claims.
Principal Lines of Business: --
Licensed in: CA
Principal Enrollment Breakdown: --
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
None
Investment Rating
CI
Company Address
400 North Brand Boulevard
Glendale, CA 91203
Phone Number
(800) 244-6224
NAIC Number
--
Largest Affiliates
No affiliate information available.
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