B
Humana Health Plan Inc
Rating Date
September 2025
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: Good liquidity (6.8 on a scale of 0 to 10) with sufficient resources (cash flows and marketable investments) to handle a spike in claims. Excellent overall capitalization (7.7) based on excellent current risk-adjusted capital (severe loss scenario) despite some fluctuation in capital levels. Excellent quality investment portfolio (7.2) containing small junk bond exposure.
Other Rating Factors: Weak profitability index (2.0) with operating losses during 2020 and 2021. Average return on equity over the last five years has been poor at -0.2%. Weak overall results on stability tests (2.6) based on excessive capital growth during 2022. Rating is significantly influenced by the excellent financial results of Humana Inc.
Principal Lines of Business: --
Licensed in: AL, AR, AZ, CO, ID, IL, IN, KS, KY, MO, NE, NM, NV, OH, SC, TN, TX, VA, WA
Principal Enrollment Breakdown: --
Other Highlights
Medical Loss Ratio
Medical Expense
Per Member Per Month ($)
706
Provider Compensation ($000)
Capitation Pay
Fee For Service
Contractual Pay
Salary
Bonus
0
Other
--
Member Physicians
Enrollment
Total Patient Encounters
Physician
Non-Physician
Corporate Info
Group Affiliation
Humana Inc
Investment Rating
HUM
Company Address
500 West Main Street
Louisville, KY 40202
Phone Number
(502) 580-1000
NAIC Number
95885
Largest Affiliates
A
De Pere, WI - Health
A
Louisville, KY - Health
A
Louisville, KY - Health
A
Milwaukee, WI - Health
A
Louisville, KY - Health