Cigna HealthCare of IL Inc
Major Rating Factors:
Weak profitability index (2.0 on a scale of 0 to 10) due to a decline in earnings during 2023. Average return on equity over the last five years has been poor at -8.2%. Weak quality investment portfolio (2.1). Weak overall results on stability tests (2.3). Rating is significantly influenced by the acceptable financial results of The Cigna Group.
Other Rating Factors:
Excellent capitalization (7.8) based on excellent current risk-adjusted capital (severe loss scenario) reflecting significant improvement over results in 2021. Excellent liquidity (7.0) with ample operational cash flow and liquid investments.
Principal Lines of Business:
--
Licensed in:
IL, IN
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
The Cigna Group
Investment Rating
Company Address
900 Cottage Grove Road
Bloomfield, CT 06002
Bloomfield, CT 06002
Phone Number
(860) 226-6000
NAIC Number
95602
Website
Largest Affiliates