Cigna HealthCare of GA Inc
Major Rating Factors:
Fair overall results on stability tests (3.1 on a scale of 0 to 10) based on inconsistent enrollment growth in the past five years due to declines in 2018 and 2019, excessive capital growth during 2021. Rating is significantly influenced by the strong financial results of The Cigna Group. Weak profitability index (0.7) with 68.8 million in losses in the last three years. Average return on equity over the last five years has been poor at -36.5%. Weak quality investment portfolio (2.0).
Other Rating Factors:
Excellent liquidity (6.9) with sufficient resources (cash flows and marketable investments) to handle a spike in claims. Excellent capitalization (7.6) 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:
GA
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
900 Cottage Grove Road
Bloomfield, CT 06002
Bloomfield, CT 06002
Phone Number
(404) 443-8800
NAIC Number
96229
Website
Largest Affiliates
