Cigna HealthCare of FL Inc
Major Rating Factors:
Weak profitability index (1.0 on a scale of 0 to 10) with modest operating losses during 2019, 2020, 2021 and 2022. Average return on equity over the last five years has been poor at -8.3%. Good overall results on stability tests (5.8). Rating is significantly influenced by the acceptable financial results of The Cigna Group. Excellent overall capitalization (9.8) based on excellent current risk-adjusted capital (severe loss scenario) despite some fluctuation in capital levels.
Other Rating Factors:
Excellent quality investment portfolio (9.9) containing small junk bond exposure. Excellent liquidity (7.0) with ample operational cash flow and liquid investments.
Principal Lines of Business:
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Licensed in:
FL
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
The Cigna Group
Investment Rating
Company Address
900 Cottage Grove Road
Bloomfield, CT 06002
Bloomfield, CT 06002
Phone Number
(860) 226-6000
NAIC Number
95136
Website
Largest Affiliates